6110 8th Avenue NW, Seattle, WA 98107

$950,000
2,520
SqFt

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Listing courtesy of Coldwell Banker Bain.

List Price
$950,000
Status
ACTIVE
MLS#
2529702
Price Change
▼ $45,000 1784847527
Days on Market
62
Style
53 - Tri-plex
Building Condition
Updated/Remodeled
Finished SqFt
2,520
Area Total SqFt
2520
Annual Tax Ammount
10589
Lot Size (sq ft)
4,557
Sewer
Sewer Connected

Property Description

Turn-Key Ballard Investment Opportunity! Savvy investors, take note! Located in a desirable, high-demand rental pocket, this property offers an ideal blend of stability and immediate upside. The main-floor unit is extensively updated with a new kitchen & modern, durable vinyl flooring with a reliable month-to-month tenants who intend to stay. The two lower-level units are vacant and freshly renovated with newer kitchens, new carpet, paint, vinyl flooring and water heater – ready for immediate occupancy. Capital expenditures have been minimized with the 2025 investments in a new re-lined sewer to the City main, exterior paint & new water heaters. All units feature washer/dryer hookups. Property includes a large backyard and a mini-garage for storage. The location is close to transit, parks and local neighborhood amenities.

Additional Information

List Date
2026-05-27 17:58:15
Community
Ballard
Net Operating Income
$44,336
Gross Adjusted Income
$63,540
Gross Scheduled Income
$63,540
Total Monthly Income
$5,295
Insurance Expenses
$4,931
Water/Sewer/Garbage Expenses
$3,684
Gross Rent Multiplier
17.3
Total Expenses
$19,204
Cap Rate
4
Total Number of Units
3
Unit Name
6110
Potential Terms
Cash, Conventional
Year Built
1930
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Outbuildings
Energy Source
Electric
School District
Seattle
Elementary School
West Woodland
Middle School
Hamilton Mid
High School
Ballard High
Total Monthly Income
$5,295
Gross Scheduled Income
$63,540
Gross Adjusted Income
$63,540
Tax Year
2026
Insurance Expense
$4,931
W/S/G Expenses
$3,684
Total Expenses
$19,204
Net Operating Income
$44,336
Gross Rent Multiplier
17.3
Cap Rate
4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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