Property Details
5920 24th Avenue NW
Seattle, WA 98107
$2,750,000
Active
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Property Overview
The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-place income stream, strong renovation upside and long-term rental growth. The Viking is a 10-unit multi-family property built in 1965. The building features 9 one bedroom, one bath units and one 2 bedrrom, 1 bath unit. Laundry room with storage lockers on the first floor. 3 carports and 3 off street parking spaces.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Ballard
Listed
Jul 29, 2026
Structure Type
Multi Family
Parcel Number
2767603745
Tax & HOA
Annual Property Tax
$22,728 (2025)
Est. Monthly Tax
$1,894/mo
Financial Summary
Cap Rate
5.30%
Net Operating Income
$146,120
Gross Scheduled Income
$210,240
Gross Rent Multiplier
13.00
Total Expenses
$57,813
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
7,120
Leasable Area
7,120 sqft
Total Units
10
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,800 sqft
Year Built
1965
Exterior & Lot
Lot Size
0.16 sqft
Year Built
1965
Exterior Materials
Stone, Stucco
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Stone, Stucco
Community & Access
Directions
On the corner of 24th NW & NW 60th
Location
City
Seattle
County
King
Coordinates
47.67215, -122.38725
Additional Information
Tax Year
2025
Annual Taxes
$22,728
Possession
Array
Based on information submitted to the MLS GRID as of July 30, 2026 5:00 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
