1700 NW 64th Street, Seattle, WA 98107
- $1,750,000
- 4,500
- SqFt
Listing courtesy of Paragon Real Estate Advisors.
- List Price
- $1,750,000
- Status
- PENDING FEASIBILITY
- MLS#
- 2527718
- Days on Market
- 60
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,500
- Area Total SqFt
- 4500
- Annual Tax Ammount
- 16907
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Well maintained five-unit apartment building ideally located in Seattle’s highly sought after Ballard neighborhood. This building is offered to the market for the very first time by the original builder. The property was constructed in 1984 and consists of five spacious condo quality homes, each configured as desirable corner units that provide abundant natural light and enhanced privacy. Residents benefit from sought-after amenities including in-unit washers and dryers, fireplaces, private balconies, and dedicated dining rooms. Additional building features include 5 covered parking spaces, secured entry, double-pane aluminum windows, copper plumbing, and GE electrical panels. Situated in the heart of Ballard, the property offers residents exceptional access to one of Seattle’s most vibrant neighborhoods, known for its acclaimed restaurants, breweries, shopping, parks, and waterfront amenities. Convenient transit connections and close proximity to Downtown Seattle, South Lake Union, and other major employment centers continue to support strong renter demand and long-term occupancy. For investors this offering represents an outstanding opportunity to acquire a stable, well-located asset with enduring appeal, rental upside potential, and long-term appreciation in one of Seattle’s premier multifamily submarkets.
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Additional Information
- List Date
- 2026-05-27 14:11:13
- Community
- Ballard
- Net Operating Income
- $75,747
- Gross Adjusted Income
- $117,762
- Gross Scheduled Income
- $123,960
- Total Monthly Income
- $10,330
- Insurance Expenses
- $4,246
- Water/Sewer/Garbage Expenses
- $11,362
- Gross Rent Multiplier
- 14.12
- Total Expenses
- $42,015
- Cap Rate
- 4.33
- Vacancy Rate
- 5
- Total Number of Units
- 5
- Unit Name
- 1700
- Potential Terms
- Cash, Conventional
- Year Built
- 1984
- Roof
- Flat
- Other Expenses
- 9500
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $10,330
- Gross Scheduled Income
- $123,960
- Vacancy Rate
- 5
- Gross Adjusted Income
- $117,762
- Tax Year
- 2026
- Insurance Expense
- $4,246
- W/S/G Expenses
- $11,362
- Total Expenses
- $42,015
- Net Operating Income
- $75,747
- Gross Rent Multiplier
- 14.12
- Cap Rate
- 4.33
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.