This listing courtesy of River Voorhees , Westlake Associates, Inc.
$1,400,000

7329 15th Avenue NW, Seattle, WA 98107

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon4,404sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

Listing Status:
Active
Data Last Updated:
August 13, 2026 at 2:21AM
Listing Office:
Westlake Associates, Inc. : 206-505-9400
Listing Agent:
River Voorhees : 206-505-9400
MLS ID:
2493653
  • Flooring: LaminateVinyl PlankCarpet
  • A/C: None
  • Heating: RadiatorWall Furnace
  • Fireplace: Fireplaces: 0
  • General: BrickWood
  • Parking: Parking spaces: 2
  • Roofing: Composition
  • General: 55 - 5-9 Units
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Seattle
  • County: King
  • Zoning: 7518500770
  • View: TerritorialView
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of River Voorhees , Westlake Associates, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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