808 NW Market Street, Seattle, WA 98107
- $1,280,000
- 2,280
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Real Broker LLC.
- Sold Price
- $1,280,000
- List Price
- $1,280,000
- Status
- SOLD
- MLS#
- 2506876
- Closing Date
- Jun 04, 2026
- Days on Market
- 27
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,280
- Area Total SqFt
- 2280
- Annual Tax Ammount
- 10755
- Lot Size (sq ft)
- 4,100
- Sewer
- Sewer Connected
Property Description
Fully renovated triplex - CURRENT 5.8% CAP RATE (rents listed are actual except for vacant unit) located on Market Street! - This triplex has nearby public transportation and a walk score of 87. It is comprised of two 2BD/1BTH units and one 1BD/1BTH unit. The property underwent a huge remodel throughout the entirety of the property, completed in 2022. All work was permitted and inspected by the City of Seattle, including construction, electrical, plumbing, building exterior and system updates. The remodel boasts new fixtures, appliances, flooring, and numerous other thoughtful updates. The triplex backs up to a quiet alleyway with 3 parking spaces. The property is completely fenced with a yard and patio for Unit 2, and a private patio for Unit 1. The tenant in Unit 1 will be moving out 04/2026 presenting a great opportunity for a potential owner occupant.
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Additional Information
- List Date
- 2026-05-08 00:00:00
- Community
- Ballard
- Net Operating Income
- $73,609
- Gross Adjusted Income
- $89,964
- Gross Scheduled Income
- $91,800
- Total Monthly Income
- $7,650
- Insurance Expenses
- $2,800
- Gross Rent Multiplier
- 13.9
- Total Expenses
- $16,355
- Cap Rate
- 5.8
- Vacancy Rate
- 2
- Total Number of Units
- 3
- Unit Name
- 808
- Potential Terms
- Assumable, Conventional
- Year Built
- 1926
- Roof
- Composition
- Electric Expenses
- 250
- Other Expenses
- 2550
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $7,650
- Gross Scheduled Income
- $91,800
- Vacancy Rate
- 2
- Gross Adjusted Income
- $89,964
- Tax Year
- 2026
- Insurance Expense
- $2,800
- Total Expenses
- $16,355
- Net Operating Income
- $73,609
- Gross Rent Multiplier
- 13.9
- Cap Rate
- 5.8
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.