6045 3rd Avenue NW Seattle, WA $ 1,295,000
6045 3rd Avenue NW
$ 1,295,000
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6045 3rd Avenue NW

Seattle, WA, 98107
$ 1,295,000
Bedrooms6 Baths7.0 Sq 5,585

Monthly Estimate*

$ 8,944

Listed by Michael Urquhart, Paragon Real Estate Advisors, 206-812-9123, michael@paragonrea.com
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Multi-Family Home for sale in Seattle, WA

for $1,295,000 with 6 bedrooms and 7 full baths. This 5,585 square foot home was built in 1979 on a lot size of 0.1607.

Great opportunity to buy a triplex with the upside of two additional units located at 6045 3rd Ave NW in Seattle’s Phinney Ridge neighborhood. Gigantic one-bedroom units + bonus rooms (one of them are 2,128 sq. ft.) present various options for a buyer to convert to two-bedroom units and/or owner-occupy. The property pairs large, owner user friendly floor plans and in unit washers and dryers with territorial views of Ballard and the Olympic Mountains. The rents have meaningful room to grow after years of self-management. The seller is open to seller financing. Built in 1979 on a 7,000 square foot NR3 lot, the 5 unit building (triplex plus 2 non-conforming units) offers approximately 5,585 net rentable square feet across 2 - 1BD/1BTH units, 1 - 2BD/1BTH unit, 1 - 1BD/2BTH unit with a bonus room, and 1 - 1BD/1.5BTH townhouse with a bonus room. Four of the five units are 875 square feet or larger. Every unit has an in unit washer and dryer, and four of the five have fireplaces. The property has been well maintained, with copper plumbing, updated Square D electrical panels, double pane windows, new exterior paint in 2024, a new roof coating in August 2025, and decks and railings replaced in 2014. One of the 875 square foot one bedroom units will be delivered vacant, giving an owner user a home to move into or an investor the ability to lease it at market rent right away. Utilities are not currently billed back and parking is included in rent.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

6

Full Bath

7

Property Type

Multi-Family

Taxes

$ 17,995

Style

Tri-plex

Lot Size

0.1607

Year Built

1979

Town/City

Seattle

County/Region

King

MLS | Web ID

2600980

Features
General
Living Area 0
Sewer Available
Heating Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Flat
HOA Fee 0
Garage Spaces 1
Year Built 1979
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 64213
Insurance Expense 5606
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Phinney Ridge
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Start on I-5 N. Take exit 169. Left onto NE 50th St. Left onto Phinney Ave N. Right onto N 46th St. Destination will be on the left.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 5
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 7000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional See Remarks
Tax Annual Amount 17995
Electric Expense 0
Fuel Expense 0
Public Remarks Great opportunity to buy a triplex with the upside of two additional units located at 6045 3rd Ave NW in Seattles Phinney Ridge neighborhood. Gigantic one-bedroom units + bonus rooms (one of them are
Leasable Area 5585
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 5
Water Sewer Garbage 7894
Property Style 53 - Tri-plex
Cap Rate 5
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Exterior
Exterior Amenities Wood Products
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 5585
Lot Size Acres 0.1607
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 3
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 NWM2600980
Street Number 1 6045
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* Excluded Features
List By
Michael Urquhart

Listing Agent

Paragon Real Estate Advisors

Broker

michael@paragonrea.com

Email

Affordability Calculator

$10,444
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,944
Monthly Property Taxes
$1,500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/5/2026$1,295,000 Listed Price

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6045 3rd Avenue NW, Seattle, WA, 98107 is a Multi-Family Home for sale at $1,295,000 with 5,585 sqft and a lot size of 0.1607. 6045 3rd Avenue NW has 6 bedrooms, 7.0 baths, and was built in 1979. The property's zip code is 98107 which is in Seattle, WA