Listed by Puneet Sachdeva, Kelly Right RE of Seattle LLC
- 3,400
- Square feet
- $375
- Per sq ft
- Multi Family
- Type
- 1977
- Year built
- 5,000 sq ft
- Lot
- 0
- Days on market
About this property
Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,600 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.
Location & commute
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Property details
Listing details
- Listing number
- #2556712
- Listed
- July 17, 2026
- Days on market
- 0
- Price per sq ft
- $375
Unit & building
- Stories in building
- 2
Parking
- Total spaces
- 2
Construction
- Year built
- 1977
- Style
- 53 - Tri-plex
- Structure
- Triplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- VinylCarpet
Lot
- Lot features
- CurbsPavedSidewalk
- Lot size
- 5,000 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Seattle
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
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- Triplex
- Composition
- Baseboard
- None
- Electric
- Vinyl
- Carpet
- Curbs
- Paved
- Sidewalk
- Cash
- Conventional
Listing history
Listed
$1,274,995
July 17, 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
$7,424
- Principal & interest
- $6,447
- Property tax (est.)
- $977
Assumes $254,999 down (20%), a $1,019,996 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 17, 2026 at 9:30 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.