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$1,300,000
30 Days On Site

5506 7th Avenue NW
Seattle, WA 98107

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,770
SqFt
$469
/SqFt
1969
Built
Cumulative Days On Market:
31
Subdivision:
Ballard
County:
King
Courtesy of NWMLS
Listing courtesy of Jonny Tat of COMPASS
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
5506 7th Avenue NW5506 7th Avenue NW5506 7th Avenue NW5506 7th Avenue NW
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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.

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Listing Snapshot
Price 
$1,300,000
Days On Site 
30 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,770 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1969
MLS® Number 
2542614
Status 
Active
Property Tax 
$12,663
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1148
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking Spaces 
3
Property Sub Type 
Multi Family
SqFt Total 
2770
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Flooring 
VinylCarpet
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
BrickStucco
Fencing 
Partial
Lot Features 
Paved
Patio And Porch 
Patio
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
705 - Ballard/Greenlake
School District 
Seattle
Schools
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Jonny Tat of COMPASS



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-26 09:20 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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