Most Current Ballard Multi-Family Listings

Turn-of-the-century Sunset Hill duplex perfectly situated on a bright and sunny corner lot! This rare property offers two units with highly desirable, similar layouts, making it an incredible investment, or owner occupant opportunity. The lower unit features two spacious bedrooms and one bath, highlighted by an updated kitchen, a large dining area with a cozy freestanding gas parlor stove, a spacious living room with classic built-ins, and private laundry. The upper unit offers two bedrooms, a 3/4 bath, and a sunny kitchen with gas cooking that boasts peek city and territorial views. Outside, the property shines with a beautiful mix of garden/yard space and a huge patio designed for outdoor entertaining, plus a detached double garage currently utilized for convenient unit storage. Nestled in a premier location, you are just moments away from Golden Gardens, the historic Ballard Locks, and vibrant Downtown Ballard.

2861 NW 60th Street, Seattle

Listing Broker: Windermere Real Estate Co.; Rick Nimmer; 206-499-3080; ricknimmer@gmail.com

$3,200,000

2592865 MLS ⋅ ACTIVE Status

Twin Courts Apartments presents an exceptional investment opportunity in Seattle's highly desirable Ballard neighborhood. The property consists of 14 units across two buildings, featuring 10 one-bedroom and 4 two-bedroom apartments totaling approximately 9,408 rentable square feet. The property offers strong in-place cash flow with a 5.9% cap rate and attractive seller financing options. Recent capital improvements include updated electrical panels, newer TPO roofs, and renovations to 5 of the 14 units, providing additional upside through continued interior improvements and rental growth. Situated on two separate parcels totaling approximately 10,000 square feet, the property features covered and surface parking, on-site laundry, and convenient access to Downtown Ballard's restaurants, shopping, breweries, and entertainment. Twin Courts offers investors a compelling combination of stable income, value-add potential, and a prime Ballard location. Seller financing available.

2223 NW 59th Street, Seattle

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

$2,600,000

2590255 MLS ⋅ ACTIVE Status

The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-place income stream, strong renovation upside and long-term rental growth. The Viking is a 10-unit multi-family property built in 1965. The building features 9 one bedroom, one bath units and one 2 bedrrom, 1 bath unit. Laundry room with storage lockers on the first floor. 3 carports and 3 off street parking spaces.

5920 24th Avenue NW, Seattle

Listing Broker: L. Dankers Real Estate Group; David Dankers; 206-240-1616; ddankers@gmail.com

$2,595,000

2587105 MLS ⋅ ACTIVE Status

We are pleased to present the Glen Ellyn Apartments, an 11-unit multifamily property located in Seattle’s Ballard neighborhood. Built in 1959, the property consists of eight one-bedroom and three two-bedroom units featuring functional layouts, natural light, and natural hardwood flooring. The units remain in classic but well-maintained condition, providing a strong foundation for future renovation and modernization. The asset has also benefited from several capital improvements, including a roof replacement in 2017, replacement of the individual electrical panels in all units in 2025, and a new rear fence installed in August 2025. Property amenities include covered and off-street parking, storage units, and on-site laundry. The location provides convenient access to Ballard Community Center, QFC, National Nordic Museum, Ballard Avenue & Farmers Market, the Ballard Locks, and the Ballard Public Library, along with the neighborhood’s broader retail, dining, and recreational amenities. Current rents are approximately 13% below market, providing near-term income growth potential through future turnover and rent adjustments. Additional upside may be realized through targeted unit renovations and modernization, with renovated rents estimated at approximately 29% above current levels. Further operational upside exists through implementation of utility bill-backs, which are not currently charged, as well as the opportunity to maximize parking income.

6530 24th Avenue NW, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

$1,200,000

2583333 MLS ⋅ ACTIVE Status

Rare opportunity to own a meticulously maintained and extensively updated legal duplex in the heart of Ballard! This distinctive mid-century property offers two beautifully finished 1 bed/1 bath residences, each with its own address and a unique layout that provides exceptional privacy with no unit directly above the other. A shared interior entry leads to two separate homes, each thoughtfully updated with full kitchens, hardwood floors, abundant natural light and inviting living spaces. One unit features an ingenious custom Murphy bed/dining table system in addition to the separate bedroom, providing an extra sleeping space that easily converts to dining and entertaining. Both residences have been successfully operated as highly rated short-term rentals and are currently fully furnished, with furnishings and household items negotiable with the sale, creating an incredible opportunity for a truly turnkey investment. Ideal for an owner occupant, multi-generational living, long or short-term rental use, or a combination of both. Shared laundry is located on the lower level alongside a massive garage with exceptional storage, plus ample driveway parking. Set on a large, beautifully landscaped corner lot with a private backyard retreat and storage shed, all just minutes from Ballard’s shops, restaurants, parks, waterfront and more.

2602 NW 62nd Street, Seattle

Listing Broker: Redfin; Chandra Gordon; 425-350-9014; chandra.gordon@redfin.com

$2,250,000

2581844 MLS ⋅ ACTIVE Status

We are pleased to present this well-maintained 6-unit apartment property in Ballard, one of Seattle’s most established and desirable rental markets. Built in 1982 and offered for sale for the first time by the family of the original builder, the property combines durable construction, spacious 2-bedroom floor plans, desirable resident amenities, and identifiable renovation upside. The property is comprised entirely of 2-bedroom, 1-bath corner units featuring in-unit W/D, fireplaces, private balconies, dining areas, dishwashers, refrigerators, ranges, and wood flooring. A common area provides secure resident storage, an additional laundry set, and a 1/2 bath, with potential for conversion to an additional unit (buyer to verify). 6 parking spaces are provided, 5 of which are covered. Ownership began renovating interiors in 2021, with 3 of the 6 units remodeled to date. The remaining apartments retain classic finishes, providing a clear opportunity to continue the renovation program and capture additional rental upside. Building systems include copper plumbing and Crouse-Hinds electrical panels, and a full roof replacement was completed in August 2026. Located in the heart of Ballard, along with recent capital improvements, an all 2-bedroom unit mix, in-unit laundry, covered parking, and a straightforward value-add strategy, the property offers investors an attractive combination of current income, renovation potential, and long-term appreciation.

1544 NW 53rd Street, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

$1,540,000

2575326 MLS ⋅ ACTIVE Status

Excellent investment opportunity or owner-occupied property with rental income in a prime Ballard location! Beautifully renovated triplex featuring two large 2BR townhouse-style units with decks, hardwood floors, stainless steel appliances, granite counter tops, wood fireplace, large closets, garages and off street parking. 1BR unit boasts hardwood floors, stainless steel appliances, new windows. Nice large patio! Full-size washer/dryer in each unit. Near all the amenities Ballard has to offer! Can be bought as single family with built in rental income to offset mortgage payments!

2357 NW 65th, Seattle

Listing Broker: Skyline Properties, Inc.; Terry Kildal; 206-356-6671; tkildal@gmail.com

$1,200,000

2573993 MLS ⋅ ACTIVE Status

INVESTOR ALERT! Legal Duplex in the heart of Ballard. Potential to add second Stacked Duplex or DADU to the site while keeping the existing Legal Duplex. This site has the potential for 4 Single Family Townhomes, or - consider a Stacked Condo Development which could yield as many as 8 units using 2.0 FAR for qualifying NR stacked-flat projects, which on roughly 5,000 SF lot could mean 10,000 SF of maximum floor area before applying all the other site constraints. Potential for middle-housing redevelopment including attached/detached homes and higher-density stacked-flat development; buyer to verify all information to their own satisfaction.

618 NW 58th Street, Seattle

Listing Broker: Windermere Real Estate/HLC; Suzanne Fortune; 425-343-2623; sfortune@windermere.com

$1,195,000

2556712 MLS ⋅ ACTIVE Status

Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,480 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.

6013 4th Avenue NW, Seattle

Listing Broker: Kelly Right RE of Seattle LLC; Puneet Sachdeva; 206-920-5555; psachdeva@hotmail.com

$1,650,000

2555526 MLS ⋅ ACTIVE Status

This is the one!! Very Well maintained 5 unit building in a desirable Ballard and very walkable Location. The building features 3 townhome style 2 bedroom loft units with private balconies and 2 one bedroom units with many upgrades . The building has a shared laundry room and storage for each unit, 2 tandem parking spaces and 3 uncovered spaces in the back, and some longer terms tenants. Very little turnover in this building. Located in the heart of Ballard, don't miss out on this solid turn key investment property.

1750 NW 58th Street, Seattle

Listing Broker: RE/MAX Metro Realty, Inc.; Lisa Martino; 206-661-6650; remaxleasingagent@gmail.com

$1,800,000

2554587 MLS ⋅ ACTIVE Status

Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

2209 NW 59th Street, Seattle

Listing Broker: North Pacific Properties; Spencer Nelson; 206-384-2172; spencer@northpacificproperties.com

$1,250,000

2542614 MLS ⋅ ACTIVE Status

Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing Broker: COMPASS; Jonny Tat; 206-973-6838; jonny.tat@compass.com

$760,000

2546121 MLS ⋅ SOLD Status

Live. Earn. Work. All from One Address. This unique Ballard property offers exceptional flexibility. Live in one unit and rent the other, restore the lower level for the potential of two income-producing units (buyer to verify), or take advantage of the NC1-55(M) zoning by living upstairs while operating your business from the lower level. The upper level features a tenant-occupied 3-bedroom, 1-bath residence, providing immediate rental income. The lower level is currently configured as a spacious clubhouse/recreation area and already includes a kitchen and two half baths, providing a head start for buyers looking to restore it to a separate living space. With modest interior modifications, it may be converted back to a residential unit, subject to buyer verification. Alternatively, the flexible lower level may be ideal for a variety of permitted business or commercial uses, creating a rare live/work opportunity in the heart of Ballard. Updates include: roof (2019), interior & exterior paint (2019), windows (2023) and sewer line (2025). Just blocks from Ballard's acclaimed restaurants, breweries, coffee shops, boutiques, parks and everyday conveniences, this 3,134 SF property offers exceptional walkability and long-term investment potential. A rare opportunity with immediate income, multiple use possibilities, and future upside.

2407 NW 60th Street, Seattle

Listing Broker: Windermere Real Estate/HLC; Lisa Bender; 206-492-0231; LisaBender@windermere.com Selling Office: Windermere Bellevue Commons.

$1,630,000

2527718 MLS ⋅ SOLD Status

Well maintained five-unit apartment building ideally located in Seattle’s highly sought after Ballard neighborhood. This building is offered to the market for the very first time by the original builder. The property was constructed in 1984 and consists of five spacious condo quality homes, each configured as desirable corner units that provide abundant natural light and enhanced privacy. Residents benefit from sought-after amenities including in-unit washers and dryers, fireplaces, private balconies, and dedicated dining rooms. Additional building features include 5 covered parking spaces, secured entry, double-pane aluminum windows, copper plumbing, and GE electrical panels. Situated in the heart of Ballard, the property offers residents exceptional access to one of Seattle’s most vibrant neighborhoods, known for its acclaimed restaurants, breweries, shopping, parks, and waterfront amenities. Convenient transit connections and close proximity to Downtown Seattle, South Lake Union, and other major employment centers continue to support strong renter demand and long-term occupancy. For investors this offering represents an outstanding opportunity to acquire a stable, well-located asset with enduring appeal, rental upside potential, and long-term appreciation in one of Seattle’s premier multifamily submarkets.

1700 NW 64th Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Nick Hemming; ; Selling Office: Skyline Properties, Inc..

$1,195,000

2513661 MLS ⋅ ACTIVE Status

Exceptional Ballard duplex investment opportunity in one of Seattle’s most sought-after neighborhoods. Originally built in 1900 and thoughtfully renovated, this property blends historic character with modern upgrades, offering a unique combination of charm, functionality, and long-term value. Located in the heart of Ballard, residents enjoy a highly walkable lifestyle with easy access to restaurants, coffee shops, breweries, grocery stores, parks, public transit, and neighborhood amenities. The property features two well-designed units, including a spacious 4-bedroom, 3-bath upper residence and a 2-bedroom, 1-bath lower unit, creating multiple income-producing opportunities. Ideal for investors seeking strong rental demand, house hackers looking to offset their mortgage with rental income, or owner-occupants wanting a multigenerational living arrangement. LR2-RC zoning provides valuable flexibility for both residential and commercial uses, enhancing future redevelopment and appreciation potential. This low-maintenance Seattle duplex offers an attractive combination of current cash flow, long-term equity growth, and investment versatility in a prime Ballard location. Conveniently located near Downtown Ballard, Golden Gardens, major employment centers, and transit routes, this is a rare opportunity to acquire a renovated multifamily property in one of Seattle’s strongest rental markets. Please do not disturb tenants.

6753 14th Avenue NW, Seattle

Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com

$995,000

2520058 MLS ⋅ SOLD Status

LOWEST PRICED TRIPLEX ON THE MARKET. The Ballard Triplex is ideally located just north of downtown Ballard, offering exceptional walkability to a wide range of neighborhood amenities. The property consists of two 2-bedroom / 1-bath units and one 1-bedroom + den / 1-bath unit. Originally built in 1917, this classic Craftsman blends historic character with thoughtful updates throughout. The main floor unit showcases hardwood floors, original built-ins, and a box beam ceiling, blending classic character with everyday functionality. The top floor unit retains much of its original charm as well, and benefits from abundant natural light throughout. The lower two bedroom unit has been updated with new flooring along with a modernized kitchen and bathroom. The property has also been improved with double pane vinyl windows, modern electrical panels, and copper plumbing. The property backs to a quiet alley and offers three off-street parking spaces plus a garage. Mature landscaping adds to the curb appeal enhancing the overall presentation. Two of the three units are currently vacant, creating a compelling opportunity for an owner-occupant or investor to reposition rents and add value.

2246 NW 63rd, Seattle

Listing Broker: Paragon Real Estate Advisors; Nick Hemming; ; Selling Office: COMPASS.

$1,280,000

2506876 MLS ⋅ SOLD Status

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.

808 NW Market Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; ; Selling Office: Real Broker LLC.

$10,800,000

2487778 MLS ⋅ SOLD Status

The Ballard 32 Apartments is a rare opportunity to acquire a well-maintained, value-add multifamily asset in the heart of Ballard. Built in 1986, this sought-after vintage benefits from more modern systems and construction standards while meeting strong tenant demand for updated housing in one of Seattle’s most desirable neighborhoods. Uniquely positioned as a turnkey investment with attractive in-place cash flow, the property offers immediate stability combined with real value-add potential through maximizing NOI via modest rent increases to market. All 32 units feature generous layouts with large kitchens, dining nooks, expansive living rooms and bedrooms, private decks, and full-size in-unit washer and dryers. 19 units fully renovated with quartz countertops, new cabinetry, stainless appliances, luxury vinyl plank flooring, and modernized bathrooms. 12 units partially upgraded with new LVP flooring, paint, and appliances. Only 1 unit remains in original condition. The building offers 32 dedicated parking spaces in a secure underground garage. A hydraulic elevator provides convenient access from the garage to all 4 residential floors. Systems and construction features include copper plumbing lines, double-pane vinyl windows, electric heat, and wood frame construction with marble crete siding.

1433 NW 64th Street, Seattle

Listing Broker: Westlake Associates, Inc.; Curran C. Hagstrom; ; Selling Office: ZNonMember-Office-MLS.

$4,300,000

2476476 MLS ⋅ SOLD Status

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.

2418 NW 57th Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Brian D. Platt; ; Selling Office: ZNonMember-Office-MLS.

$1,565,000

2473133 MLS ⋅ SOLD Status

Owner Financing available with 30% down and 5% Interest Only. Do not Disturb Tenants. Listed for the first time in over 30 years, Ballard 5 is a unique investment opportunity in one of Seattle’s most dynamic neighborhoods. Featuring all spacious 2-bedroom units, Ballard 5 is strategically positioned just blocks away from a future light rail station expected in 2039. This major infrastructure upgrade will enhance transit access, connectivity, and overall property value, making it even more desirable for quality tenants seeking urban convenience and neighborhood charm. The property offers strong value appreciation potential and stable rental income with attractive owner financing (30% down at 5% interest only).

1423 NW 60th Street, Seattle

Listing Broker: Westlake Associates, Inc.; David W Petersen; ; Selling Office: Westlake Associates, Inc..

$1,499,900

2470080 MLS ⋅ ACTIVE Status

This Ballard triplex is a standout investment that blends turnkey performance with exceptional upside. The property features three beautifully remodeled 2bed, 1bath units with modern finishes, smart layouts, and strong tenant appeal in one of Seattle's most vibrant neighborhoods, delivering immediate, reliable income with little to no additional work required. What truly sets this property apart is the fully remodeled fourth unit, a 3bed, 1bath that needs permits to be legalized. Once completed, this unit can generate an estimated additional 28,800 dollars per year, creating a rare and tangible value-add opportunity with much of the heavy lifting already done. This property delivers strong income today with clear, immediate upside.

6301 22nd Avenue NW, Seattle

Listing Broker: Windermere Real Estate Co.; Jay Glenn Harrison; 206-550-3168; jamin@windermere.com

$925,000

2457834 MLS ⋅ SOLD Status

Located in the heart of Ballard, this classic 1910 corner lot and legal duplex home welcomes your vision. This home offers period details such as original hardwoods, wood finishes, French doors to living room, formal dining room. Large kitchen, center island. Sundeck off kitchen, access to rear deck, yard and garden space. 1 bedroom on main, 2nd story couples 3 bedrooms, full bath, large walk-in attic storage space. Basement boasts exceptional workshop space, storage, potential for additional bedrooms. Attached 1 bedroom rental unit. Full kitchen, bath, access through main house or separate side entrance. Two parking pads, ample off-street parking. Minutes away from restaurants, shopping, marina, Golden Gardens, schools and parks.

2803 NW 65th Street, Seattle

Listing Broker: Windermere Real Estate Co.; J. Brian Griffin; ; Selling Office: COMPASS.

$4,900,000

2428350 MLS ⋅ SOLD Status

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).

1430 NW 64th Street, Seattle

Listing Broker: Westlake Associates, Inc.; Curran C. Hagstrom; ; Selling Office: ZNonMember-Office-MLS.

$1,200,000

2428211 MLS ⋅ SOLD Status

Value in the land. Sold vacant. No rental information available.

2610 NW 62nd Street, Seattle

Listing Broker: COMPASS; Steve Kennedy; ; Selling Office: COMPASS.

$1,250,000

2425280 MLS ⋅ SOLD Status

Explore this prime multi-family property in the heart of the Seattle MF area. Boasting a 2,770 SF building with three updated units and 2 one-car garages this impeccably maintained property offers outstanding investment potential. Built in 1969 and thoughtfully renovated in 2012, it presents a compelling opportunity for a discerning investor. With LR1(M) zoning and a full occupancy rate, this asset is positioned for immediate income generation and future growth. Don't miss out on the chance to own a piece of this thriving market with a property that exemplifies the best of low-rise, garden-style living in the Seattle area.

5506 7th Avenue NW, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Michele Schuler; ; Selling Office: COMPASS.

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Ballard Multi-Family Properties for Sale in Seattle - Seattle, WA Real Estate

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Most Current Ballard Multi-Family Listings

Ballard Multi-Family Properties for Sale in Seattle - Seattle, WA Real Estate

Instantly search Ballard Multi-Family Properties for Sale in Seattle. Use our Intuitive Advanced Search to find your perfect home. Let Modern Trends Realty help you with your Ballard Real Estate needs.

Create your Free Account and also see all foreclosures, estate sales, bankruptcy sales, divorce sales and fixer uppers. Live MLS Updates Every Time a property in Ballard in Seattle WA is Listed for Sale.

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