Property Details

1433 NW 64th Street

Seattle, WA 98107

$10,500,000

Pending

CBA# 709504 courtesy of CBA Listing firm: Westlake Associates, Inc.

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Commercial

Property Type

44,957

Bldg Sq Ft

Units

5.00%

Cap Rate

1986

Year Built

Property Overview

Ballard 32 Apartments presents a rare opportunity to acquire a well-maintained, value-add multifamily asset in the heart of one of Seattle’s most sought-after neighborhoods. Constructed in 1986, this desirable vintage offering combines enduring appeal with more modern building systems and construction standards—perfectly aligning with strong tenant demand for updated housing in Ballard.Offered as a turnkey investment with attractive in-place cash flow, the property provides immediate operational stability alongside meaningful upside. Investors can unlock additional NOI through measured rent increases to market, capitalizing on the asset’s proven renovation program and prime location.All 32 units feature spacious, well-designed floor plans with large kitchens and dining nooks, expansive