Ballard Homes with 55 - 5-9 Units Style

Welcome to Ballard, one of Seattle’s most vibrant and eclectic neighborhoods, where the charm of the Pacific Northwest meets a rich tapestry of culture, history, and community. Nestled along the shores of Shilshole Bay, Ballard boasts stunning waterfront views, picturesque parks, and a thriving local scene that makes it a sought-after destination for homebuyers.

Known for its strong maritime heritage, Ballard is home to the historic Ballard Locks, where you can watch boats navigate the waterways and explore the lush botanical gardens nearby. The neighborhood is also famous for its bustling Ballard Farmers Market, held every Sunday, showcasing fresh produce, artisanal goods, and local crafts.

When it comes to housing, Ballard offers a diverse selection of homes, including charming residences with 5-9 units. These multi-family dwellings provide an excellent opportunity for those looking to invest in the neighborhood or find a cozy community to call home. With their unique architectural styles and proximity to local amenities, these homes are perfect for families, young professionals, and anyone looking to immerse themselves in the vibrant Ballard lifestyle.

In addition to its residential appeal, Ballard is a hub of activity with numerous restaurants, breweries, and shops that reflect the neighborhood’s creative spirit. Whether you’re enjoying a meal at a trendy eatery or sipping a craft beer at a local brewery, there’s always something happening in Ballard.

With its blend of community, convenience, and coastal beauty, Ballard is not just a place to live; it’s a place to thrive. Discover your new home in this enchanting Seattle neighborhood today!

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.

$1,795,000

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 6.4% 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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