7039 24th Avenue NW Seattle, WA $ 2,495,000
7039 24th Avenue NW
$ 2,495,000
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7039 24th Avenue NW

Seattle, WA, 98117
$ 2,495,000
Baths0.0 Sq 4,863

Monthly Estimate*

$ 15,362

Listed by Lake & Company
7039 24th Avenue NW, Seattle, WA 98117 - Image 1
7039 24th Avenue NW, Seattle, WA 98117 - Image 2
7039 24th Avenue NW, Seattle, WA 98117 - Image 3
7039 24th Avenue NW, Seattle, WA 98117 - Image 4
7039 24th Avenue NW, Seattle, WA 98117 - Image 5
7039 24th Avenue NW, Seattle, WA 98117 - Image 6
Studio

Multi-Family Home for sale in Seattle, WA

for $2,495,000. This 4,863 square foot home was built in 1910 on a lot size of 0.2547.

EXCITING DEVELOPMENT OPPORTUNITY Two adjacent properties sold together creating an 11,000+ sq. ft. lot in Prime Ballard Location with alley access. Currently zoned residential but slated to become L3. (Buyer to verify). Back side of property with alley access well-sited for DADU or possible Townhome additions. (Buyer to verify). Two well maintained houses on front of property, (7039 and 7043 24th Ave NW). 7039 is a well-maintained triplex with a separate unit on each floor. Triplex has been upgraded with solar panels and high efficiency mini split units to heat and cool each unit. The top floor and main floor are two-bedroom, 1/bath units and the basement has a one-bedroom unit. Great tenants. Total monthly rents on Triplex is $6600/mo. 7043 24th Ave NW is a remodeled 4 bed / 2 bath charming bungalow. There is a separate entrance to the basement apartment with 2 bedrooms, 1 bath and a second kitchen and living rm. Bungalow is vacant and ready to be owner occupied or re-rented. Could live in upstairs and airbnb basement. Projected rent $5500-$6500/mo. So many options!

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Multi-Family Active

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 20,145

Style

5-9 Units

Lot Size

0.2547

Year Built

1910

Town/City

Seattle

County/Region

King

MLS | Web ID

2471981

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Ductless Wall Furnace
Cooling Ductless
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 1
Year Built 1910
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 130028
Insurance Expense 3450
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ballard
Possible Use Residential
Green Energy Generation Solar
Special Listing Conditions None
Status Active
Directions Take 85th St. Exit off I-5. Head W to Ballard. (Past Aurora Greenwood 15th Ave NW ) then turn left (S) on NW 24th St. Properties will be on West side of street (R) just up from Mabel coffee shop.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Number Of Units Total 5
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 11096
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 20145
Electric Expense 1440
Fuel Expense 1200
Public Remarks EXCITING DEVELOPMENT OPPORTUNITY Two adjacent properties sold together creating an 11 000+ sq. ft. lot in Prime Ballard Location with alley access. Currently zoned residential but slated to become L3
Leasable Area 5263
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade true
Units In Building Total 5
Water Sewer Garbage 100
Property Style 55 - 5-9 Units
Cap Rate 5
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Exterior
Exterior Amenities Wood
Lot Features Alley Paved Sidewalk
Foundation Details Poured Concrete
Building Area Total 4863
Lot Dimensions 50 X 110
Lot Size Acres 0.2547
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Parking Uncovered Total 5
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Interior
Flooring Laminate Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas Solar PV
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2471981
Street Number 1 7039
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* Excluded Features
List By
Ellen R. Hastings

Listing Agent

Lake & Company

Broker

Affordability Calculator

$17,041
Per Month
90%
10%
0%
Monthly Principal & Interest
$15,362
Monthly Property Taxes
$1,679
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$2,495,000 Listed Price

Map


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7039 24th Avenue NW, Seattle, WA, 98117 is a Multi-Family Home for sale at $2,495,000 with 4,863 sqft and a lot size of 0.2547. 7039 24th Avenue NW is a studio with 0.0 baths and was built in 1910. The property's zip code is 98117 which is in Seattle, WA