7329 15th Avenue NW Seattle, WA $ 1,475,000
7329 15th Avenue NW
$ 1,475,000
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7329 15th Avenue NW

Seattle, WA, 98107
$ 1,475,000
Baths0.0 Sq 4,660

Monthly Estimate*

$ 9,082

Listed by Westlake Associates, Inc.
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,475,000. This 4,660 square foot home was built in 1912 on a lot size of 0.1011.

The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

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Multi-Family Active

Price

$ 1,475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,467

Style

5-9 Units

Lot Size

0.1011

Year Built

1912

Town/City

Seattle

County/Region

King

MLS | Web ID

2493653

Features
General
Living Area 0
Sewer Sewer Connected
Heating Radiator Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1912
View Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 94449
Insurance Expense 2800
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Loyal Heights
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Downtown Seattle head North on Elliott Ave W. Continue onto 15th Ave W to Ballard. Pass by cross street NW 73rd St. Site is on the left.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 7
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 4403
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 13467
Electric Expense 0
Fuel Expense 0
Public Remarks The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One
Leasable Area 4050
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 13688
Property Style 55 - 5-9 Units
Cap Rate 6.4
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Exterior
Exterior Amenities Brick Wood
Lot Features Curbs Paved
Building Area Total 4660
Lot Size Acres 0.1011
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially
Parking Uncovered Total 2
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Interior
Flooring Laminate Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2493653
Street Number 1 7329
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* Excluded Features
List By
River Voorhees

Listing Agent

Westlake Associates, Inc.

Broker

Affordability Calculator

$10,204
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,082
Monthly Property Taxes
$1,122
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$1,475,000 Listed Price

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7329 15th Avenue NW, Seattle, WA, 98107 is a Multi-Family Home for sale at $1,475,000 with 4,660 sqft and a lot size of 0.1011. 7329 15th Avenue NW is a studio with 0.0 baths and was built in 1912. The property's zip code is 98107 which is in Seattle, WA