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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Spencer Nelson, North Pacific Properties

4,286
Square feet
$420
Per sq ft
Multi Family
Type
1966
Year built
5,000 sq ft
Lot
0
Days on market

About this property

Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

Location & commute

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Directions

Property details

Listing details

Listing number
#2554587
Listed
July 14, 2026
Days on market
0
Price per sq ft
$420

Unit & building

Building
Gilman Park Add Blks 01 Thru 47
Stories in building
3
Units in building
6

Parking

Covered spaces
2
Total spaces
6

Construction

Year built
1966
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Flat

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateVinyl PlankCarpet

Lot

Lot size
5,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Seattle Public Utilities
Sewer
Seattle Public Utilities
Power
Seattle City Light

Schools

District
Seattle

What stands out to you?

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  • Multi Family
  • Flat
  • Baseboard
  • None
  • Electric
  • Laminate
  • Vinyl Plank
  • Carpet
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,800,000

    July 14, 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

$10,482

Principal & interest
$9,102
Property tax (est.)
$1,380

Assumes $360,000 down (20%), a $1,440,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 5:45 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.