Estimated payment $10,229/month
Prime investment opportunity in one of Seattle’s most desirable neighborhoods. Steps from dining, shopping, and public transit, this well-maintained property features spacious units averaging 900 SF, including one 3-bdrm, three 2-bdrm, and one 1-bdrm unit. Recent capital improvements include a new roof (Oct 2024), exterior sealant coating(Jul 2024), and deck replacements (May 2025). With no current charges for parking or utilities, new ownership can immediately boost revenue. Additional value-add possibilities include converting carports for secured parking or adding a sixth unit (buyer to verify). Common laundry, the 3-bedrm has private W/D. Light renovations could increase rental income by 20%, making this an excellent opportunity.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2381058
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $1,650,000 | -- | $297 / Sq Ft |
$1,899,000
The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding, double-pane vinyl windows, and a torch-down roof. Each of the units features 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning
Gabe Blake Blake Investment Advisors
$1,900,000
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
Ian Brown Capstone Commercial
$1,695,000
Six-unit apartment building near Magnolia Village. A short walk to Discovery Park. On bus line. Grocery store is across the street. Solid, mid-century design. History of low-maintenance. New roof in 2024. Low-flow toilets installed in each unit. All copper plumbing. Low turnover, stable income property. Same owner since 1997. Great investment opportunity. One of three investment
Ray Akers Ewing & Clark, Inc.
$1,499,000
This is a well maintained 4plex in a great location. Property has a new roof & paint in 2019. The seller completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in market rents. 3 town-style apartments were built in 2000, All 3 bedrooms,2 baths, all equipped with washer dryer, dishwashers and disposers. The
Jason Wilcox Raven Commercial Real Estate
$2,100,000
The Fountain Apartments – a turnkey investment opportunity in the heart of Greenwood. This well-maintained 8-unit property features significant capital improvements, including a new roof (within the last 5 years), updated common areas, and full interior renovations in 6 of the 8 units. The renovated units boast spacious layouts with luxury vinyl plank flooring, quartz countertops, undermount
Jon Bye John L. Scott, Inc
$1,380,000
Hard-to-find 4-plex that offers the ideal blend of steady income and future upside. Each of the 4 well-designed units features 2 bedrooms and 1 bath. The lower-level units enjoy direct garden access, while the upper units boast high ceilings, skylights, and private patios. 4 dedicated parking spaces and a brand-new roof. Well-maintained with an effective build year of 1992. Prime location—just a
Wen Xie Providential Real Estate LLC
$1,400,000
Located in the up and coming neighborhood north of Green Lake. This offering contains 6 spacious apartments, including two, 2-story townhouse style units. The units contain washer/dryers and various other updates. The basement contains a secure parking garage with one space per unit. Located less than 2-blocks from major transit, near Green Lake, as well as Northgate shopping center and light
Jeff Totzek Westland Realty
$1,775,000
SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle’s vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned
Chad Martini Westlake Associates, Inc.
$1,590,000
Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of
Sam Chui eLink Realty
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2381058
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