Listed by Jonny Tat, COMPASS
- 2,770
- Square feet
- $469
- Per sq ft
- Multi Family
- Type
- 1969
- Year built
- 5,000 sq ft
- Lot
- 17
- Days on market
About this property
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2542614
- Listed
- June 26, 2026
- Days on market
- 17
- Price per sq ft
- $469
Unit & building
- Stories in building
- 2
- Units in building
- 3
Parking
- Total spaces
- 3
Views
- View
- Territorial
Construction
- Year built
- 1969
- Style
- 53 - Tri-plex
- Structure
- Triplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- VinylVinyl PlankCarpet
Lot
- Lot features
- CurbsPavedSidewalk
- Lot size
- 5,000 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Seattle Public Utilities
- Sewer
- Seattle Public Utilities
- Power
- Seattle City Light
Schools
- District
- Seattle
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Territorial
- Triplex
- Composition
- Baseboard
- None
- Electric
- Vinyl
- Vinyl Plank
- Carpet
- Curbs
- Paved
- Sidewalk
Listing history
Listed
$1,300,000
June 26, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$7,571
- Principal & interest
- $6,574
- Property tax (est.)
- $997
Assumes $260,000 down (20%), a $1,040,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.