Property Details
5506 5th Avenue NW, Seattle, WA 98017
Seattle, WA 98017
$1,695,000
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About This Home
Welcome to a rare Ballard opportunity—where newly remodeled interiors, flexible living, and future potential come together. This early 20th-century Craftsman offers over 3,200 sq ft of refreshed living space, thoughtfully updated for modern comfort while maintaining its timeless appeal. The kitchen features newer appliances, making everyday living effortless. Designed with versatility in mind, the home features two separate entrances and an income-ready layout. The upper level includes its own private entrance, while the lower level offers a fully self-contained suite with a kitchen—live in one unit while generating income from the remaining space through Airbnb and short-term rentals-offering the potential to live nearly mortgage-free. The backyard also offers additional development potential. LR1 zoning provides strong opportunities for future redevelopment and value growth. (Buyer to verify) Enjoy elevated westerly views toward Magnolia and stunning sunsets from the upper floors. All just steps from Ballard’s best coffee, dining, and parks—this is more than a home, it’s a lifestyle and an investment.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Ballard
Listed
Mar 19, 2026
Interior Features
Bathrooms
0.0
Stories
3
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1928
Garage
1 spaces
Exterior Materials
See Remarks
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
See Remarks
Location
City
Seattle
County
King
Coordinates
47.66899, -122.36260
Schools
School District
Seattle
Elementary School
West Woodland
Middle School
Hamilton Mid
High School
Ballard High
Additional Information
Tax Year
2025
Annual Taxes
$11,036
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
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