Listed by Kidder Mathews
$3,000,000
PENDING

Estimated payment $19,268/month

Total Views 19,254
6 Beds
13 Baths
5,588 Sq Ft
$537 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-minute walk to Gemenskap Park
  • West Woodland Elementary School Rated A
  • Property is in very good condition

About This Home

Turnkey 12-Unit Investment Property in the Heart of Ballard. The Artemis Apartments is a 12-unit turnkey multifamily property situated in Seattle’s highly sought-after Ballard neighborhood. The property includes a fully renovated 4-unit building and a newly constructed 8-unit building, both featuring premium upgrades such as new electrical and plumbing systems, in-unit washers/dryers, and high-end finishes. With strong rental upside potential and proximity to Ballard’s vibrant dining, entertainment, and cultural amenities, Artemis offers a stable, low-maintenance investment ideal for long-term growth.

Listing Agent

Max Frame

Kidder Mathews License #130533 Listed on: 03/03/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2339312

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,827

Year Built

  • Built in 1961

Lot Details

  • 5,000 Sq Ft Lot
  • 2767704695
  • Property is in very good condition

Home Design

  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,588 Sq Ft Home
  • 4-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 13 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Seattle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767704695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,827

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1961
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 5588
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.5%
  • Special Features: None
  • Cumulative Days on Market: 134

Interior Features

  • Possible Bedrooms: 14
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Block
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 4393.67

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 4393.67

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767704695
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Additional Parcels Description: 2767704695
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: County Assessor
  • MLSSquareFootageSource: County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 18268

Multi Family

  • Gross Scheduled Income: 223016
  • Net Operating Income: 131929
  • Number Of Units Total: 12
  • Electric Expense: 4393.66
  • Insurance Expense: 7043
  • Leasable Area: 5588
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: true
  • VacancyRate: 4

Tax Info

  • Year: 2025
  • Tax Annual Amount: 31827

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $3,000,000 -- $537 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2339312

Northwest Multiple Listing Service (NWMLS)

APN: 276770-4695