816 NW 60th St, Seattle, WA 98107

$1,350,000
3,160
SqFt

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Listing courtesy of Olympic View Realty.

List Price
$1,350,000
Status
ACTIVE
MLS#
2561658
Days on Market
0
Style
53 - Tri-plex
Finished SqFt
3,160
Area Total SqFt
3160
Annual Tax Ammount
14014.72
Lot Size (sq ft)
4,750
Sewer
Sewer Connected

Property Description

Prime investment opportunity in the heart of Ballard! This spacious tri-plex offers an exceptional opportunity for investors or owner-occupants seeking strong rental income in one of Seattle's most sought-after neighborhoods. Each residence is full of character, featuring cozy fireplaces and thoughtfully designed floor plans. The two upper-level units offer spacious two-story layouts with two bedrooms, two bathrooms, private laundry rooms, oversized garages, and a primary ensuite with a dedicated den or home office on the lower level. The lower-level unit features two bedrooms, one bathroom, and its own in-unit laundry.Two of the three units have been recently remodeled with beautifully updated kitchens and bathrooms, enhancing both style and rental appeal. A partially fenced backyard provides additional outdoor space for residents to enjoy. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers outstanding flexibility and long-term potential in an unbeatable Ballard location. Please do not disturb the tenants.

Additional Information

List Date
2026-07-29 16:43:15
Community
Ballard
Net Operating Income
$67,573
Gross Adjusted Income
$84,930
Gross Scheduled Income
$89,400
Total Monthly Income
$7,450
Insurance Expenses
$2,300
Gross Rent Multiplier
15.1
Total Expenses
$17,356
Cap Rate
5
Vacancy Rate
5
Total Number of Units
3
Unit Name
816
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1968
Roof
Composition
Site Features
Deck, Fenced-Partially
Other Expenses
1041
Energy Source
Electric
School District
Seattle
Total Monthly Income
$7,450
Gross Scheduled Income
$89,400
Vacancy Rate
5
Gross Adjusted Income
$84,930
Tax Year
2026
Insurance Expense
$2,300
Total Expenses
$17,356
Net Operating Income
$67,573
Gross Rent Multiplier
15.1
Cap Rate
5
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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