7039 24th Avenue NW Seattle WA 98117 MLS #NWM2471981

MLS #NWM2471981 image #0
Listing Provided Courtesy of Lake & Company
EXCITING DEVELOPMENT OPPORTUNITY Two adjacent properties sold together creating an 11,000+ sq. ft. lot in Prime Ballard Location with alley access. Currently zoned residential but slated to become L3. (Buyer to verify). Back side of property with alley access well-sited for DADU or possible Townhome additions. (Buyer to verify). Two well maintained houses on front of property, (7039 and 7043 24th Ave NW). 7039 is a well-maintained triplex with a separate unit on each floor. Triplex has been upgraded with solar panels and high efficiency mini split units to heat and cool each unit. The top floor and main floor are two-bedroom, 1/bath units and the basement has a one-bedroom unit. Great tenants. Total monthly rents on Triplex is $6600/mo. 7043 24th Ave NW is a remodeled 4 bed / 2 bath charming bungalow. There is a separate entrance to the basement apartment with 2 bedrooms, 1 bath and a second kitchen and living rm. Bungalow is vacant and ready to be owner occupied or re-rented. Could live in upstairs and airbnb basement. Projected rent $5500-$6500/mo. So many options!
Current real estate data for Multi Family in Seattle as of Mar 19, 2026
157
Multi Family Listed
93
Avg DOM
445
Avg $ / SqFt
$2,216,012
Avg List Price

Property Details

Price:
$2,495,000
MLS #:
NWM2471981
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Subdivision:
Ballard
Neighborhood:
705ballardgreenlake
Listed Date:
Mar 17, 2026
Finished Sq Ft:
4,863
Total Sq Ft:
4,863
Lot Size:
11,096 sqft / 0.25 acres (approx)
Year Built:
1910
Units:
5
705 – Ballard/greenlake705ballardgreenlakeBallardSeattle

Schools

School District:
Seattle

Interior

Cooling
Ductless
Flooring
Laminate, Vinyl Plank, Carpet
Heating
Baseboard, Ductless, Wall Furnace

Exterior

Construction Materials
Wood
Exterior Features
Wood
Roof
Composition

Financial

Net Operating Income
$130,028
Tax Year
2026
Taxes
$20,145

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Property Summary

    Located in the Ballard subdivision, 7039 24th Avenue NW Seattle WA is a Multi Family for sale in Seattle, WA, 98117. It is listed for $2,495,000 To schedule a showing of MLS#nwm2471981 at 7039 24th Avenue NW in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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