5638 3rd Avenue NW Seattle, WA $ 1,349,000
5638 3rd Avenue NW
$ 1,349,000
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5638 3rd Avenue NW

Seattle, WA, 98107
$ 1,349,000
Baths0.0 Sq 2,960

Monthly Estimate*

$ 8,306

Listed by Lake & Company
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,349,000. This 2,960 square foot home was built in 1958 on a lot size of 0.1566.

Perched in the heart of Phinney Ridge, this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units, each with spacious layouts, abundant natural light with views of the Olympic Mountains, and period details that tenants love—hardwood floors, large picture windows, and solid construction throughout. Currently there is one vacant and staged unit for easy showings. The largest 3 bedroom unit will be available soon, for trouble free market rate lease updates and/or renovations, and wonderful owner occupant potential. The building offers a desirable mix of privacy, walkability and easy parking with three street facing garages. Residents enjoy easy access to neighborhood favorites—local cafés, parks, boutique shops, and major transit routes. Downtown Seattle is just minutes away. The durable brick exterior and mid-century design provide lasting curb appeal and low-maintenance ownership. Whether you're an investor seeking steady rental income or an owner-occupant looking to offset your mortgage, this triplex delivers flexibility and long-term upside in one of Seattle’s most sought-after neighborhoods. Don’t miss this rare opportunity to own a piece of Phinney Ridge charm with built-in income potential. Full Inspection available after showing.

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Multi-Family Pending

Price

$ 1,349,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,730

Style

Tri-plex

Lot Size

0.1566

Year Built

1958

Town/City

Seattle

County/Region

King

MLS | Web ID

2498641

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Ductless
Cooling Ductless
Possession Closing See Remarks Subject To Tenant Rights
Roof Torch Down
HOA Fee 0
Garage Spaces 3
Security Features Partially Fenced
Year Built 1958
View Mountains Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Ballard Acre Tracts
County King
Net Operating Income 78341
Insurance Expense 3497
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Phinney Ridge
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Pending Inspection
Directions GPS works great! Plenty of street parking available.
High School Buyer To Verify
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family Residential
Number Of Units Total 3
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 6820
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 10730
Electric Expense 453
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Perched in the heart of Phinney Ridge this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units each with spa
Leasable Area 2960
Structure Type Triplex
Building Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry Storage
Water Company Seattle Public Utility
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 4124
Property Style 53 - Tri-plex
Cap Rate 5.81
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Exterior
Exterior Amenities Brick
Lot Features Curbs Open Space Paved Sidewalk
Water Source Public
Total Parking 3
Building Area Total 2960
Lot Dimensions 48'x114'x78'x110'
Lot Size Acres 0.1566
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Fenced-Partially High Speed Internet Rooftop Deck
Parking Uncovered Total 0
Lot Number 23&30
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Interior
Flooring Ceramic Tile Hardwood Laminate Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
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 NWM2498641
Street Number 1 5638
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* Excluded Features
List By
Maureen Van Hollebeke

Listing Agent

Lake & Company

Broker

Affordability Calculator

$9,200
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,306
Monthly Property Taxes
$894
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
3100738 Elementary School
3100363 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,349,000 Listed Price

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5638 3rd Avenue NW, Seattle, WA, 98107 is a Multi-Family Home for sale at $1,349,000 with 2,960 sqft and a lot size of 0.1566. 5638 3rd Avenue NW is a studio with 0.0 baths and was built in 1958. The property's zip code is 98107 which is in Seattle, WA