2418 NW 57th Street Seattle WA 98107 MLS #NWM2476476

MLS #NWM2476476 image #0
Listing Provided Courtesy of Paragon Real Estate Advisors
Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.
Current real estate data for Multi Family in Seattle as of Feb 05, 2026
146
Multi Family Listed
104
Avg DOM
444
Avg $ / SqFt
$2,229,931
Avg List Price

Property Details

Price:
$4,800,000
MLS #:
NWM2476476
Status:
Active
Beds:
20
Baths:
20
Type:
Multi Family
Subdivision:
Ballard
Neighborhood:
705ballardgreenlake
Listed Date:
Feb 5, 2026
Finished Sq Ft:
12,300
Total Sq Ft:
12,300
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1986
Units:
21
705 – Ballard/greenlake705ballardgreenlakeBallardSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Laminate, Vinyl Plank, Carpet
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood, Wood Products
Roof
Flat

Financial

Net Operating Income
$204,789
Tax Year
2025
Taxes
$41,911

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Property Summary

    Located in the Ballard subdivision, 2418 NW 57th Street Seattle WA is a Multi Family for sale in Seattle, WA, 98107. It is listed for $4,800,000 To schedule a showing of MLS#nwm2476476 at 2418 NW 57th Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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