Property Details

2418 NW 57th St

Seattle, WA 98107

$4,800,000

Off Market

CBA# 708169 courtesy of CBA Listing firm: Paragon Real Estate Advisors

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 2418 NW 57th St, Seattle, MLS# 708169

Commercial

Property Type

12,300

Bldg Sq Ft

Units

3.00%

Cap Rate

1986

Year Built

Property Overview

Location is everything! Ballard 20 unit built offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.