824 NW 64th Street, Seattle, WA 98107

$1,150,000
2,850
SqFt

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Listing courtesy of John L. Scott, Inc.

List Price
$1,150,000
Status
ACTIVE
MLS#
2552878
Days on Market
164
Style
53 - Tri-plex
Finished SqFt
2,850
Area Total SqFt
2850
Annual Tax Ammount
12688
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-02-12 20:27:18
Community
Ballard
Net Operating Income
$64,220
Gross Adjusted Income
$83,790
Gross Scheduled Income
$84,600
Total Monthly Income
$7,050
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$3,807
Gross Rent Multiplier
15.37
Total Expenses
$19,571
Cap Rate
4.44
Vacancy Rate
5
Total Number of Units
3
Unit Name
824
Potential Terms
Cash, Conventional
Year Built
1968
Roof
Built-Up
Other Expenses
1576
Energy Source
Electric
School District
Seattle
Elementary School
West Woodland
Middle School
Hamilton Mid
High School
Ballard High
Total Monthly Income
$7,050
Gross Scheduled Income
$84,600
Vacancy Rate
5
Gross Adjusted Income
$83,790
Tax Year
2025
Insurance Expense
$1,500
W/S/G Expenses
$3,807
Total Expenses
$19,571
Net Operating Income
$64,220
Gross Rent Multiplier
15.37
Cap Rate
4.44
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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