Property Details
824 NW 64th Street
Seattle, WA 98107
$1,200,000
Pending Inspection
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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
