$2,700,000
SOLD AUG 18, 2025
14 Beds
-- Bath
5,588 Sq Ft
5,000 Sq Ft Lot

Sale Details

Date Sold: August 18, 2025

$483 Per Sq Ft

10% Below List Price

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

As of August 2025

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.

Last Agent to Sell the Property

Max Frame

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

Last Buyer's 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
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

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

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

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1961
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 5588
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.5%
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: 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

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

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

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
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2025
  • Tax Annual Amount: 31827

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 4393.66
  • EnergySource: Electric
  • UnitsBelowGrade: true

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Aug 18, 2025
Sold by
Bought by
Seller's Agent
Max Frame
Kidder Mathews
Buyer's Agent
Max Frame
Kidder Mathews
List Price
$3,000,000
Sold Price
$2,700,000
Premium/Discount to List
-$300,000
-10%
Views
28

Purchase Details

Closed on
Jul 25, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 1989
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $2,698,200 Stewart Title
Warranty Deed $1,050,000 Chicago Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $2,200,000 Commercial
Previous Owner $2,170,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 Sold $2,700,000 -10.0% $483 / Sq Ft
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)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,105 $2,919,000 $1,175,000 $1,744,000
2024 $29,676 $3,108,000 $1,175,000 $1,933,000
2023 $29,076 $3,403,000 $1,150,000 $2,253,000
2022 $31,898 $3,463,000 $1,150,000 $2,313,000
2021 $34,469 $3,510,000 $1,150,000 $2,360,000
2020 $33,001 $3,611,000 $1,100,000 $2,511,000
2018 $10,507 $801,000 $800,000 $1,000
2017 $8,192 $1,027,000 $700,000 $327,000
2016 $1,926 $818,000 $600,000 $218,000
2015 -- $587,000 $550,000 $37,000
2014 -- $499,500 $475,000 $24,500
2013 -- $499,500 $475,000 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2339312

Northwest Multiple Listing Service (NWMLS)

APN: 276770-4695

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