Property Details
816 NW 60th St
Seattle, WA 98107
$1,350,000
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Property Overview
Prime investment opportunity in the heart of Ballard! This spacious tri-plex offers an exceptional opportunity for investors or owner-occupants seeking strong rental income in one of Seattle's most sought-after neighborhoods. Each residence is full of character, featuring cozy fireplaces and thoughtfully designed floor plans. The two upper-level units offer spacious two-story layouts with two bedrooms, two bathrooms, private laundry rooms, oversized garages, and a primary ensuite with a dedicated den or home office on the lower level. The lower-level unit features two bedrooms, one bathroom, and its own in-unit laundry.Two of the three units have been recently remodeled with beautifully updated kitchens and bathrooms, enhancing both style and rental appeal. A partially fenced backyard provides additional outdoor space for residents to enjoy. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers outstanding flexibility and long-term potential in an unbeatable Ballard location. Please do not disturb the tenants.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Ballard
Listed
Jul 29, 2026
Structure Type
Triplex
Parcel Number
0452000165
Tax & HOA
Annual Property Tax
$14,015 (2026)
Est. Monthly Tax
$1,168/mo
Financial Summary
Cap Rate
5.00%
Net Operating Income
$67,573
Gross Scheduled Income
$89,400
Gross Rent Multiplier
15.10
Total Expenses
$17,356
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,160
Leasable Area
3,160 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
4,748 sqft
Year Built
1968
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1968
Garage
2 spaces
Exterior Materials
Brick, Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Brick, Stucco, Wood
Community & Access
Directions
West of 8th NW and NW 60th St
Location
City
Seattle
County
King
Coordinates
47.67257, -122.36688
Additional Information
Tax Year
2026
Annual Taxes
$14,015
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 4:45 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.
