5506 7th Ave NW

Seattle, WA 98107
  • $1,300,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 2,770

    SqFt

About the Listing 4782 - 119268,130497

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.

Listing Highlights

Status Active
Days on Site 20
Property Type Multi-Family
MLS ® 2542614
Year Built 1969
Total Square Footage 2,770
Lot/Acreage 0.11
County King
Neighborhood Ballard
School District Seattle

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor: Vinyl,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Seattle Public Utilities

Exterior Details

  • Lot Description: Curbs,Paved,Sidewalk,Fenced-Partially,High Speed Internet,Patio
  • Garage Capacity: 2 car
  • Parking Spaces: 3
  • Roof: Composition
  • Others: Brick,Cement/Concrete,Stucco,Good
  • Sewer: Seattle Public Utilities

Financial Details

  • Tax Amount: $12,663
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2768200090
  • Tax Year: 2026

Payment Calculator

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Questions About..

5506 7th Ave NW Seattle, WA 98107

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Originating MLS: nwmls

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