1430 NW 64th Street, Seattle, WA 98107

$4,900,000
18,797
SqFt

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Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.

Sold Price
$4,900,000
List Price
$4,700,000
Status
SOLD
MLS#
2428350
Closing Date
Oct 31, 2025
Days on Market
14
Style
56 - 10+ Units
Finished SqFt
18,797
Area Total SqFt
18797
Annual Tax Ammount
45941
Lot Size (sq ft)
15,000
Sewer
Sewer Connected

Property Description

The Ballard 18 Apartments, located just south of Ballard High School, exemplifies the high-quality construction and thoughtful design that has defined many of Ballard’s most enduring multifamily assets. The unit mix includes 10 large 1BR units and 8 oversized 2BR units. Eight units have been fully renovated with quartz countertops, stainless appliances, white cabinets, LVP flooring, and modernized bathrooms. Two spacious top-floor penthouse units have walk-in closets, expansive kitchens, and access to a massive rooftop deck with southern views. The building also includes 15 dedicated parking spaces, convenient common laundry on each floor, copper plumbing lines, double-pane vinyl windows, Square D panels (200 amp service).

Additional Information

List Date
2025-10-17 00:00:00
Community
Ballard
Net Operating Income
$266,430
Gross Adjusted Income
$419,976
Gross Scheduled Income
$442,080
Total Monthly Income
$36,840
Insurance Expenses
$20,000
Water/Sewer/Garbage Expenses
$26,766
Gross Rent Multiplier
10.63
Total Expenses
$153,546
Cap Rate
5.67
Vacancy Rate
5
Total Number of Units
18
Unit Name
1430
Potential Terms
Cash Out, Conventional
Year Built
1963
Roof
Flat
Site Features
Deck, Rooftop Deck
Other Expenses
60839
Energy Source
Electric
School District
Seattle
Total Monthly Income
$36,840
Gross Scheduled Income
$442,080
Vacancy Rate
5
Gross Adjusted Income
$419,976
Tax Year
2025
Insurance Expense
$20,000
W/S/G Expenses
$26,766
Total Expenses
$153,546
Net Operating Income
$266,430
Gross Rent Multiplier
10.63
Cap Rate
5.67
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.
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