1521 NW 65th Street Seattle WA 98117 MLS #NWM2363574

Listing Provided Courtesy of Paragon Real Estate Advisors
Rare investment opportunity in one of Seattle’s most desirable neighborhoods. The Ballard 9 has been meticulously maintained, with numerous high-quality updates completed during tenant turnovers. Its spacious, light-filled units, paired with professional management, have contributed to long-term tenant retention. This property offers a compelling value-add opportunity: an investor can increase cash flow by raising rents to market levels and continuing the proven strategy of upgrading units upon turnover.

Property Details

Price:
$2,300,000
MLS #:
NWM2363574
Status:
Active
Beds:
0
Baths:
0
Address:
1521 NW 65th Street
Type:
Multi Family
Subdivision:
Ballard
Neighborhood:
705 – Ballard/Greenlake
City:
Seattle
Listed Date:
Apr 23, 2025
State:
WA
Finished Sq Ft:
6,224
Total Sq Ft:
6,224
ZIP:
98117
Year Built:
1959
Units:
9

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Hardwood
Heating
Baseboard

Exterior

Construction Materials
Brick, Wood
Exterior Features
Brick, Wood Products
Parking Spots
9
Roof
Composition

Financial

Net Operating Income
$132,737
Tax Year
2025
Taxes
$21,225

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