5638 3rd Avenue NW Seattle WA 98107 MLS #NWM2498641

MLS #NWM2498641 image #0
Listing Provided Courtesy of Lake & Company
Perched in the heart of Phinney Ridge, this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units, each with spacious layouts, abundant natural light with views of the Olympic Mountains, and period details that tenants love—hardwood floors, large picture windows, and solid construction throughout. Currently there is one vacant and staged unit for easy showings. The largest 3 bedroom unit will be available soon, for trouble free market rate lease updates and/or renovations, and wonderful owner occupant potential. The building offers a desirable mix of privacy, walkability and easy parking with three street facing garages. Residents enjoy easy access to neighborhood favorites—local cafés, parks, boutique shops, and major transit routes. Downtown Seattle is just minutes away. The durable brick exterior and mid-century design provide lasting curb appeal and low-maintenance ownership. Whether you’re an investor seeking steady rental income or an owner-occupant looking to offset your mortgage, this triplex delivers flexibility and long-term upside in one of Seattle’s most sought-after neighborhoods. Don’t miss this rare opportunity to own a piece of Phinney Ridge charm with built-in income potential. Full Inspection available after showing.
Current real estate data for Multi Family in Seattle as of Apr 02, 2026
155
Multi Family Listed
94
Avg DOM
450
Avg $ / SqFt
$2,196,952
Avg List Price

Property Details

Price:
$1,349,000
MLS #:
NWM2498641
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Subdivision:
Phinney Ridge
Neighborhood:
705ballardgreenlake
Listed Date:
Mar 31, 2026
Finished Sq Ft:
2,960
Total Sq Ft:
2,960
Lot Size:
6,820 sqft / 0.16 acres (approx)
Year Built:
1958
Units:
3
Ballard Acre Tracts705 – Ballard/greenlake705ballardgreenlakePhinney RidgeSeattleBuyer To VerifyBuyer To VerifyBuyer To Verify

Schools

School District:
Seattle
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
Ductless
Flooring
Ceramic Tile, Hardwood, Laminate, Carpet
Heating
Baseboard, Ductless

Exterior

Construction Materials
Brick
Covered Spaces
3
Exterior Features
Brick
Garage Spaces
3
Lot Features
Curbs, Open Space, Paved, Sidewalk
Parking Spots
3
Parking Total
3
Roof
Torch Down
Security Features
Partially Fenced
View
Mountains, Territorial

Financial

Net Operating Income
$78,341
Tax Year
2025
Taxes
$10,730

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Property Summary

    Located in the Phinney Ridge subdivision, 5638 3rd Avenue NW Seattle WA is a Multi Family for sale in Seattle, WA, 98107. It is listed for $1,349,000 To schedule a showing of MLS#nwm2498641 at 5638 3rd Avenue NW in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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