Listed by Puneet Sachdeva, Kelly Right RE of Seattle LLC
- 3,400
- Square feet
- $351
- Per sq ft
- Multi Family
- Type
- 1977
- Year built
- 5,000 sq ft
- Lot
- 90
- 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 $84,480 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
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know Ballard
Jeff's Ballard profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.
Also nearby, within the same NWMLS search area.
Property details
Listing details
- Listing number
- #2556712
- Listed
- July 17, 2026
- Days on market
- 90
- Price per sq ft
- $351
- Original list price
- $1,274,995
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?
Mark features you love or could do without. Saved on this device to tune what you see.
- Triplex
- Composition
- Baseboard
- None
- Electric
- Vinyl
- Carpet
- Curbs
- Paved
- Sidewalk
- Cash
- Conventional
Listing history
Listed
$1,274,995
July 17, 2026
Current price
$1,195,000
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
$6,959
- Principal & interest
- $6,043
- Property tax (est.)
- $916
Assumes $239,000 down (20%), a $956,000 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
$995,000
8312 S 124th Street
Seattle, WA
$1,034,000
3025 62nd Avenue SW
Seattle, WA
$999,999
1122 13th Avenue #A
Seattle, WA
$1,299,500
6827 28th Avenue NE
Seattle, WA
$1,299,500
5208 36th Avenue NE
Seattle, WA
$1,549,000
6238 25th Avenue NE
Seattle, WA
Based on information submitted to the MLS GRID as of October 16, 2026 at 4:30 AM 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.