6710 24th Avenue NW Seattle WA 98117 MLS #NWM2381058

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Listing Provided Courtesy of Lee & Associates Commercial RE
With $100K price reduction and rent increases of $250 (Oct/Nov 2025) and $205 (Jan 2026), projected Cap Rate is 5.31%. Prime investment in a top Seattle neighborhood near dining, shopping, and transit. Property offers spacious units averaging 900 SF: one 3-bdrm, three 2-bdrm, and one 1-bdrm. Recent upgrades include new roof (Oct 2024), exterior sealant (Jul 2024), and deck replacements (May 2025). No charges for parking/utilities—immediate revenue upside. Value-add potential with carport conversion or adding a 6th unit (buyer to verify). Common laundry plus private W/D in 3-bdrm. Light renovations could raise rents by almost 20%.
Current real estate data for Multi Family in Seattle as of Sep 25, 2025
198
Multi Family Listed
93
Avg DOM
450
Avg $ / SqFt
$2,001,586
Avg List Price

Property Details

Price:
$1,550,000
MLS #:
NWM2381058
Status:
Active
Beds:
10
Baths:
5.75
Type:
Multi Family
Subdivision:
Ballard
Neighborhood:
705ballardgreenlake
Listed Date:
May 23, 2025
Finished Sq Ft:
5,553
Total Sq Ft:
5,553
Lot Size:
5,100 sqft / 0.12 acres (approx)
Year Built:
1977
Units:
5
705 – Ballard/greenlake705ballardgreenlakeBallardSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Laminate, Vinyl Plank, Carpet
Heating
Radiant

Exterior

Construction Materials
Stucco
Exterior Features
Stucco
Parking Spots
4
Roof
Composition
Security Features
Fully Fenced

Financial

Net Operating Income
$82,271
Tax Year
2025
Taxes
$15,076

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Property Summary

    Located in the Ballard subdivision, 6710 24th Avenue NW Seattle WA is a Multi Family for sale in Seattle, WA, 98117. It is listed for $1,550,000 To schedule a showing of MLS#nwm2381058 at 6710 24th Avenue NW in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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6710 24th Avenue NW
Seattle, WA