6743 15th Avenue NW, Seattle, WA 98117
- $950,000
- 2,350
- SqFt
Listing courtesy of Sea to Sky Realty. Selling Office: Sea to Sky Realty.
- Sold Price
- $950,000
- List Price
- $998,000
- Status
- SOLD
- MLS#
- 2359397
- Closing Date
- Jan 08, 2026
- Days on Market
- 188
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 2,350
- Area Total SqFt
- 2350
- Annual Tax Ammount
- 9866
- Internet Provider
- Comcast/Century Link
- Lot Size (sq ft)
- 4,366
- Sewer
- Available
Property Description
Located in a highly desirable neighborhood. The existing two-story building features three 1-bedroom units and one 2-bedroom unit, along with a backyard and a garage. All units are currently leased, though average market rents in the area are approximately 30% higher, offering strong potential for increased income. A rapid transit stop is situated directly in front of the property, providing quick and easy access to both downtown Seattle and Sea-Tac Airport. A Master Use Permit has already been obtained, and the flexible NC2-P55 zoning opens the door for redevelopment opportunities—whether for commercial, residential, or mixed-use purposes.
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Additional Information
- List Date
- 2025-07-04 00:00:00
- Community
- Ballard
- Net Operating Income
- $37,850
- Gross Adjusted Income
- $2,500
- Gross Scheduled Income
- $55,200
- Total Monthly Income
- $4,600
- Insurance Expenses
- $2,894
- Water/Sewer/Garbage Expenses
- $6,569
- Gross Rent Multiplier
- 21.74
- Total Expenses
- $19,850
- Cap Rate
- 3.15
- Total Number of Units
- 4
- Unit Name
- 6743
- Potential Terms
- Cash Out
- Year Built
- 1906
- Roof
- Built-Up, Composition
- Site Features
- Fenced-Partially, High Speed Internet
- Electric Expenses
- 521
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Whittier
- Middle School
- Whitman Mid
- High School
- Ballard High
- Total Monthly Income
- $4,600
- Gross Scheduled Income
- $55,200
- Gross Adjusted Income
- $2,500
- Tax Year
- 2025
- Insurance Expense
- $2,894
- W/S/G Expenses
- $6,569
- Total Expenses
- $19,850
- Net Operating Income
- $37,850
- Gross Rent Multiplier
- 21.74
- Cap Rate
- 3.15
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.