Listed by Capstone Commercial
$1,900,000
PENDING

Estimated payment $11,336/month

Total Views 3,076
8 Beds
8 Baths
3,963 Sq Ft
$479 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • 2-minute walk to Ballard Corners Park
  • Adams Elementary School Rated A
  • Wood Siding

About This Home

Located in the heart of Ballard, this exceptional townhouse asset offers a rare opportunity to own a remodeled investment property. Built in 1989 and completely renovated, this four-unit building is situated in one of Seattle's most desirable neighborhoods. Each townhouse-style unit is designed for modern living with two large bedrooms and a full bathroom upstairs, complemented by a half bath and open kitchen/living areas downstairs. All units feature condo-quality finishes, including stainless steel appliances, cherry wood cabinetry, in-unit washer/dryer and a private patio with a fenced yard. This property is a high-quality investment offered below replacement cost, perfect for investors seeking immediate income and long-term value.

Listing Agent

Ian Brown

Capstone Commercial License #48896 Listed on: 07/25/2025

Co-Listing Agent

Ryan Downing

Capstone Commercial License #2512

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2413741

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,558

Year Built

  • Built in 1989

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,963 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 4,750 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767603145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,558

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1989
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 3963
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 3927

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767603145
  • Lot Size Acres: 0.109
  • Lot Size Sq Ft: 4750
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • MLSSquareFootageSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.83
  • LeasedItems: None
  • TotalMonthlyIncome: 11445

Multi Family

  • Gross Scheduled Income: 137340
  • Net Operating Income: 108615
  • Number Of Units Total: 4
  • Electric Expense: 1000
  • Insurance Expense: 1620
  • Leasable Area: 3963
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2025
  • Tax Annual Amount: 14558

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

Tax History

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
2024 $13,670 $1,390,000 $973,700 $416,300
2023 $13,215 $1,518,000 $973,700 $544,300
2022 $14,120 $1,533,000 $973,700 $559,300
2021 $15,018 $1,517,000 $973,700 $543,300
2020 $15,750 $1,540,000 $926,200 $613,800
2018 $12,385 $1,425,000 $688,700 $736,300
2017 $10,421 $1,238,000 $593,700 $644,300
2016 $9,117 $1,072,800 $498,700 $574,100
2015 -- $913,000 $403,700 $509,300
2014 -- $808,000 $356,200 $451,800
2013 -- $765,000 $356,200 $408,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $1,900,000 -- $479 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $521,000 Pacific Nw Tit
Warranty Deed $358,100 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $745,915 No Value Available
Closed $770,000 No Value Available
Previous Owner $262,500 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2413741

Northwest Multiple Listing Service (NWMLS)

APN: 276760-3145