Listing Provided Courtesy Of:
Realty One Group Orca and NWMLS
5218 8th Avenue NW Seattle, WA
$ 1,500,000
Property Attributes
  • ID#1835179
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaBallard-Greenlak
  • NeighborhoodBallard
  • Zip98107
  • StyleTri-plex
  • Year Built1903
  • Taxes$ 8492
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3500
  • Lot Size4,299 SqFt
Listing Provided Courtesy Of:
Realty One Group Orca and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

The 5218 Triplex consists of a Single Family House and a Duplex on a corner lot ideally located in the heart of Ballard in one of Seattle's most desirable residential neighborhoods. Financials are actual. The tenants are on 12-month leases w/Min credit score 700+, no pets, no smokers. WSG included (within limits). The tenant pays metered electricity to the landlord. Meter & copies of bills available. Basement and separate unit already rented. This is a beautiful home that boasts original hardwood flooring - the pictures just don't do it justice. A short walk/bike/bus to shopping, local pubs & microbreweries, restaurants, theaters, city parks, Swedish hospital, and more!

Price History
9/30/2021 Listed $1,500,000

General Features

Amenities Basement
Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions NW Market st then South on 8th ave NW - property is on the corner of NW 53rd st and 8th Ave NW
Exterior Features Wood
Flooring Hardwood, Laminate, Vinyl, Carpet
High School District Seattle
Insurance Expense 1550
Interior Features Hardwood, Wall to Wall Carpet
Leasable Area 3550
Lot Size Square Feet 4300
MLS Area 705 - Ballard/Greenlak
Net Operating Income 62059
New Construction No
Open Parking Spaces 2
Possession Closing
Possible Use Multi-Family
Property Style 53 - Tri-plex
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 8th
Structure Type Triplex
Subdivision Name Ballard
Tax Annual Amount 8492
Tax Year 2021
Terms Cash Out, Conventional
Total Units 3
Units Below Grade true
Units In Building Total 3
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected
View Territorial
Water Company Seattle Public Utility
Water Sewer Garbage 3919
Year Built 1903
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Avenue
Total Stories 2

Exterior Features

Building Area Total 3500
Foundation Details Post & Pillar, Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Curbs, Paved, Sidewalk
Lot Size Acres 0.0987
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 2
Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet
Total Parking 2
View Y/N Yes
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98107

AVG $2.14M
AVG $14,817
AVG 14
Year Built
AVG 1949
AVG 87
Data Provided by Walkscore ® not using MLS data

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