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Multifamily

Ballard Triplex

824-826 NW 64th St, Seattle, WA 98107

Listing Price: $1,300,000

Cap Rate
4.44%
Number of Units
3
GRM
16.09
Price/Unit
$433,333
Price/Gross SF
$456.14
Gross SF
2,850

Investment Overview

Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal.

Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard.

The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

Investment Highlights

  • Desirable Ballard Location
  • Large Two Bedroom Units
  • Below Market Rents

Exclusively Listed By

Financing By

Multifamily

Ballard Triplex

Listing Price: $1,300,000

Cap Rate
4.44%
Number of Units
3
GRM
16.09
Price/Unit
$433,333
Price/Gross SF
$456.14
Gross SF
2,850

Investment Highlights

  • Desirable Ballard Location
  • Large Two Bedroom Units
  • Below Market Rents

Investment Overview

Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

Exclusively Listed By

Financing By

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