Property Details

824 NW 64th Street
Seattle, WA 98107
$1,200,000
MLS# 2459846 courtesy of NWMLS Listing firm: John L. Scott, Inc

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824 NW 64th Street , Seattle, WA 98107, Seattle

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824 NW 64th Street , Seattle, WA 98107, Seattle

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Multi-Family
Property Type
2,850
Bldg Sq Ft
3
Units
4.44%
Cap Rate
1968
Year Built

Property Overview

Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending Inspection
County King
Neighborhood Ballard
Listed Jan 2, 2026
Original Price $1,300,000

Financial Summary

Cap Rate 4.44%
Net Operating Income $64,220
Gross Scheduled Income $84,600
Gross Rent Multiplier 15.37
Total Expenses $19,571
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 2,850
Leasable Area 2,850 sqft
Total Units 3
Lot Size 5,001 sqft
Year Built 1968

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1968
Garage 2 spaces
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Curbs, Paved, Sidewalk
Exterior Features Wood

Location

City Seattle
County King
Coordinates 47.67549, -122.36728

Additional Information

Tax Year 2025
Annual Taxes $12,688
Possession Array
Listed By
Jonathan D. Bye
John L. Scott, Inc

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