5506 7th Avenue Nw, Seattle, WA 98107

Seattle
Local realty services provided by:ERA Skyview Realty
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...

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Home facts

  • Year built:1969
  • Listing ID #:2542614
  • Updated:June 29, 2026 at 04:43 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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 29, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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