6013 4th Avenue NW, Seattle, WA 98107

$1,274,995
3,400
SqFt

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Listing courtesy of Kelly Right RE of Seattle LLC.

List Price
$1,274,995
Status
ACTIVE
MLS#
2556712
Days on Market
9
Style
53 - Tri-plex
Finished SqFt
3,400
Area Total SqFt
3400
Annual Tax Ammount
12286.48
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-07-18 01:58:13
Community
Ballard
Gross Scheduled Income
$84,600
Total Monthly Income
$7,050
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$6,600
Gross Rent Multiplier
15
Total Expenses
$31,086
Cap Rate
4.2
Vacancy Rate
1
Total Number of Units
3
Unit Name
6013
Potential Terms
Cash, Conventional
Year Built
1977
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
Electric Expenses
6600
Other Expenses
3600
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,050
Gross Scheduled Income
$84,600
Vacancy Rate
1
Tax Year
2026
Insurance Expense
$2,000
W/S/G Expenses
$6,600
Total Expenses
$31,086
Gross Rent Multiplier
15
Cap Rate
4.2
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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