Bought with: ZNonMember-Office-MLS
$4,300,000
$4,800,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
2418 NW 57th ST Seattle, WA 98107
20 Beds
20 Baths
12,300 SqFt
Key Details
Sold Price $4,300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,300 sqft
Price per Sqft $349
Subdivision Ballard
MLS Listing ID 2476476
Sold Date 06/30/26
Style 56 - 10+ Units
Bedrooms 20
Year Built 1986
Annual Tax Amount $41,911
Lot Size 10,000 Sqft
Property Sub-Type Multi Family
Property Description
Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Flooring Laminate, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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