Most Current Ballard Multi-Family Listings

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 courtesy of L. Dankers Real Estate Group.

$1,350,000

2561658 MLS ⋅ ACTIVE Status

Prime investment opportunity in the heart of Ballard! This spacious tri-plex offers an exceptional opportunity for investors or owner-occupants seeking strong rental income in one of Seattle's most sought-after neighborhoods. Each residence is full of character, featuring cozy fireplaces and thoughtfully designed floor plans. The two upper-level units offer spacious two-story layouts with two bedrooms, two bathrooms, private laundry rooms, oversized garages, and a primary ensuite with a dedicated den or home office on the lower level. The lower-level unit features two bedrooms, one bathroom, and its own in-unit laundry.Two of the three units have been recently remodeled with beautifully updated kitchens and bathrooms, enhancing both style and rental appeal. A partially fenced backyard provides additional outdoor space for residents to enjoy. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers outstanding flexibility and long-term potential in an unbeatable Ballard location. Please do not disturb the tenants.

816 NW 60th St, Seattle

Listing courtesy of Olympic View Realty.

$1,274,995

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 $84,600 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 courtesy of Kelly Right RE of Seattle LLC.

$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 courtesy of RE/MAX Metro Realty, Inc..

$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 courtesy of North Pacific Properties.

$1,150,000

2552878 MLS ⋅ ACTIVE Status

Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,300,000

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 courtesy of COMPASS.

$775,000

2546121 MLS ⋅ ACTIVE 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 courtesy of Windermere Real Estate/HLC.

$1,625,000

2538372 MLS ⋅ ACTIVE Status

Beautifully maintained four-unit building in an exceptional Ballard location. Just blocks from Ballard's vibrant shops, acclaimed restaurants, music venues, movie theater, and the popular Sunday Farmers Market, with easy access to everything this sought-after neighborhood has to offer. Thoughtfully updated with contemporary finishes and low-maintenance systems (effective year built: 1988), including double-pane windows throughout. The 1800sf west-facing unit features two bedrooms, two baths, huge bonus room/at home office/3rd non-conforming bedroom, all with an abundance of natural light. Three additional one-bedroom, one-bath residences offer generous living spaces and the convenience of in-unit laundry. Attractive interior finishes include hardwood floors, quartz countertops, shaker-style cabinetry, and updated plumbing and lighting fixtures. The property also features off-street parking, beautifully landscaped outdoor spaces ideal for entertaining, and substantial lower-level tenant storage and mechanical rooms. Strong rental history and excellent tenant retention provide stable income, while future value-add potential exists with seller-provided architectural plans for a possible fifth unit (buyer to verify feasibility). Excellent investment opportunity in one of Seattle's most desirable neighborhoods. Virtual staging.

6746 24th Avenue NW, Seattle

Listing courtesy of Lake & Company.

$1,795,000

2531058 MLS ⋅ ACTIVE Status

Kos Apartments is a five unit multifamily property located in the Ballard neighborhood of Seattle. All five units are two bedroom, two bathroom residences averaging 990 square feet, positioned on a 5,100 square foot LR3 RC (M1) zoned lot. The property was constructed in 1978 and features wood frame construction, double pane vinyl windows, copper plumbing, and five dedicated parking stalls including four carport stalls. Two of the five units have been renovated and are leased at rents approaching market. The remaining three units are in original condition and leased month to month, with two tenants in place since 2011. This tenant structure presents a clean path for a renovation value-add play: as legacy tenants turn, a new owner can renovate the units to the same finish level as the two renovated units, supporting a renovated rent target of $2,550 per unit and a 6.4% proforma cap rate. Ballard continues to see strong rental demand driven by proximity to downtown Seattle, Fremont, and the broader South Lake Union employment corridor, as well as walkable retail, waterfront access, and established transit connectivity.

5816 14th Avenue NW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$950,000

2529702 MLS ⋅ ACTIVE Status

Turn-Key Ballard Investment Opportunity! Savvy investors, take note! Located in a desirable, high-demand rental pocket, this property offers an ideal blend of stability and immediate upside. The main-floor unit is extensively updated with a new kitchen & modern, durable vinyl flooring with a reliable month-to-month tenants who intend to stay. The two lower-level units are vacant and freshly renovated with newer kitchens, new carpet, paint, vinyl flooring and water heater – ready for immediate occupancy. Capital expenditures have been minimized with the 2025 investments in a new re-lined sewer to the City main, exterior paint & new water heaters. All units feature washer/dryer hookups. Property includes a large backyard and a mini-garage for storage. The location is close to transit, parks and local neighborhood amenities.

6110 8th Avenue NW, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,750,000

2527718 MLS ⋅ PENDING FEASIBILITY 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 courtesy of Paragon Real Estate Advisors.

$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 courtesy of Berkshire Hathaway HS NW.

$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 courtesy of Paragon Real Estate Advisors. 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 courtesy of Paragon Real Estate Advisors. Selling Office: Real Broker LLC.

$3,495,000

2504524 MLS ⋅ ACTIVE Status

Twin Courts presents a rare multifamily investment in the heart of Ballard, offering two contiguous parcels that create unique long-term exit strategies. The property has undergone substantial capital improvements, including updated electrical panels throughout and one roof being replaced in 2020 and the other in 2016. With 5 of 14 units already renovated, investors can continue the proven value-add program to unlock up to 28% rental growth potential. Efficient, well-designed floorplans drive strong tenant demand, while its highly walkable location ensures long-term desirability. With strong in-place rents, upside through remaining renovations, and flexible ownership options, Twin Courts stands out as a compelling Ballard opportunity.

2223 NW 59th Street, Seattle

Listing courtesy of Kidder Mathews.

$999,000

2503743 MLS ⋅ ACTIVE Status

Rare corner townhome with ADU in the heart of Ballard! Fantastic opportunity for owner-occupant or investor to add a low-maintenance and high performing home in a desirable neighborhood to their portfolio. Primary unit features main floor great room, including granite counters, custom cabinets and gas range in the kitchen. Powder room on main, guest bath, and two bedrooms including primary with oversize shower, and walk-in closet. main unit is topped with a private deck with views. Lower unit has separate entrance, kitchenette, and full bath. laundry in both units and two off-street designated parking spots.

6221 20th Avenue NW, Seattle

Listing courtesy of COMPASS.

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

$1,580,000

2483860 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!

2357 NW 65th, Seattle

Listing courtesy of Skyline Properties, Inc..

$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 courtesy of Paragon Real Estate Advisors. 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 courtesy of Westlake Associates, Inc.. Selling Office: Westlake Associates, Inc..

$1,599,950

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 courtesy of Windermere Real Estate Co..

$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 courtesy of Windermere Real Estate Co.. 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 courtesy of Westlake Associates, Inc.. 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 courtesy of COMPASS. Selling Office: COMPASS.

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

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