Ballard Homes with 55 - 5-9 Units Style

Welcome to Ballard, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its rich maritime history and eclectic charm, Ballard seamlessly blends old-world character with modern living. Stroll along the bustling streets lined with boutique shops, artisanal coffee houses, and some of the best seafood restaurants in the city. The iconic Ballard Locks, where boats navigate between Puget Sound and Lake Union, is a must-see, offering a picturesque spot to watch salmon swim upstream during spawning season.

Ballard is also home to a thriving arts scene, with galleries and studios showcasing local talent, as well as a variety of music venues that keep the neighborhood alive with rhythm and energy. On weekends, the Ballard Farmers Market draws in locals and visitors alike, offering fresh produce, handmade goods, and a taste of the community spirit that defines this area.

When it comes to housing, Ballard features a diverse array of options, including charming homes in the 55-59 unit style. These residences offer a unique blend of space and style, perfect for families, young professionals, and anyone looking to experience the best of Seattle living. With their thoughtful layouts and modern amenities, these homes provide a comfortable sanctuary amidst the lively neighborhood atmosphere.

As you explore Ballard, you’ll find that it’s not just a place to live, but a community to thrive in. From its scenic parks to its vibrant nightlife, this neighborhood offers something for everyone, making it a truly special corner of Seattle. Come discover the charm of Ballard, where every street has a story and every home is a gateway to adventure!

Newest Ballard Homes with 55 - 5-9 Units Style

$1,650,000

2555526 MLS ⋅ ACTIVE Status

This is the one!! Very Well maintained 5 unit building in a desirable Ballard and very walkable Location. The building features 3 townhome style 2 bedroom loft units with private balconies and 2 one bedroom units with many upgrades . The building has a shared laundry room and storage for each unit, 2 tandem parking spaces and 3 uncovered spaces in the back, and some longer terms tenants. Very little turnover in this building. Located in the heart of Ballard, don't miss out on this solid turn key investment property.

1750 NW 58th Street, Seattle

Listing courtesy of RE/MAX Metro Realty, Inc..

$1,800,000

2554587 MLS ⋅ ACTIVE Status

Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

2209 NW 59th Street, Seattle

Listing courtesy of North Pacific Properties.

$1,725,000

2531058 MLS ⋅ ACTIVE Status

Kos Apartments is a five unit multifamily property located in the Ballard neighborhood of Seattle. All five units are two bedroom, two bathroom residences averaging 990 square feet, positioned on a 5,100 square foot LR3 RC (M1) zoned lot. The property was constructed in 1978 and features wood frame construction, double pane vinyl windows, copper plumbing, and five dedicated parking stalls including four carport stalls. Two of the five units have been renovated and are leased at rents approaching market. The remaining three units are in original condition and leased month to month, with two tenants in place since 2011. This tenant structure presents a clean path for a renovation value-add play: as legacy tenants turn, a new owner can renovate the units to the same finish level as the two renovated units, supporting a renovated rent target of $2,550 per unit and a 6.7% proforma cap rate. Ballard continues to see strong rental demand driven by proximity to downtown Seattle, Fremont, and the broader South Lake Union employment corridor, as well as walkable retail, waterfront access, and established transit connectivity.

5816 14th Avenue NW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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