5506 7th Avenue Nw, Seattle, WA 98107
Local realty services provided by:RSVP Brokers ERA
Listed by: jonny tat, elaine gray
Office: compass
MLS#:2542614
Source:NWMLS
5506 7th Avenue Nw,Seattle, WA 98107
$1,300,000
- - Beds
- - Baths
- 2,770 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,300,000
- Price per sq. ft.:$469.31
About this home
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets....
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Home facts
- Year built:1969
- Subdivision & Development:Ballard
- Listing ID #:2542614
- Updated:August 14, 2026 at 12:07 PM
Rooms and interior
- Flooring:Carpet, Vinyl Floor, Vinyl Plank
- Living area:2,770 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1969
- Building area:2,770 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk
- Construction Materials:Brick Exterior Finish, Cement/Concrete Exterior Finish, Stucco Exterior Finish
- Exterior Features:Fenced-Partially, Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$469.31
- Tax amount:$12,663 (2026)
Features and amenities
- Amenities:High Speed Internet
Parking
- Total parking spaces:3
- Garage:Yes
- Garage spaces:2
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