Listing provided courtesy of Berkshire Hathaway HS NWNWMLSas Distributed by MLSGrid- MLS# NWM2466729
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Welcome to Your Investment Property
Parking for 5 Cars Out Front
Established Landscaping
Entry to Lower Level Vacant Unit
Dining Room
Dining Area off Kitchen
Kitchen
Kitchen
Kitchen
Kitchen
New Kitchen Flooring
Area Off Kitchen - Casual Dining, Office Space or ?
Ample Storage in the Kitchen
Bedroom
Living Room and Dining Area
Living Room Looking Towards the Front Door
Lower Level - Bedroom
Lower Level - Virtually Staged Bedroom
Lower Level - Virtually Staged Bedroom
Lower Level - Bathroom
Part of the Basement Shared Storage Area
2nd View of 1/2 of the Basement Storage Area
Coin Operated Laundry on Site
Upper West Facing Unit Features a Private Deck
Unit A - Living Room Looking Towards Front Door
Unit A - Dining Room and Living Room
Unit A - Dining Room
Unit A - Kitchen
Patio Between Unit A and B, Entry to Unit B
Unit B - Private Patio
Unit B - Dining Room
Unit B - Dining Room - Virtually Staged
Unit B - 1 of 2 Bedrooms
Unit B - 1 of 2 Bedrooms - Virtually Staged
Unit B - Kitchen
Unit B - Living Room
Unit B - Living Room Virtually Staged
View from Above
Potential Opportunity to Rebuild and Ad Another Story to Capture the View
Triplex Features 5 Off Street Parking Space
6251 3rd Avenue NWSeattle, WA 98107
Multi-Family · 6 Beds · 2,350 Sq. ft. | 0.11 Acres$997,000
Pending
6251 3rd Avenue NW Overview
- Visits:
- 420
WOW! IMPROVED PRICE! Don’t miss this opportunity to own a Ballard triplex with strong upside potential and multiple investment strategies. Live in one unit and rent the other two, or add this property to your investment portfolio. Existing rents were below market due to family occupancy in the two now-vacant units, creating exceptional value-add potential with projected rents of approximately $2,200–$2,400 per month per unit. Each unit features 2 bedrooms, 1 bath, a spacious living room, and dedicated dining space for comfortable everyday living. The lower unit has been refreshed with new carpet in the living room and bedroom, plus new flooring in the kitchen and bathroom. Additional amenities include off-street parking, onsite storage, and coin-operated laundry with storage space available for all units in the lower level. The front upper unit is occupied by a long-term tenant. The west-side upper unit and lower unit are vacant and available for viewing. Conveniently located near Woodland Park Zoo, Green Lake, shopping, nightlife, popular restaurants, coffee shops, and easy access to Hwy 99 and downtown Seattle. Explore the potential to continue operating as a triplex or investigate redevelopment opportunities to maximize the land value. Do not disturb tenant in occupied unit. Showings by appointment only; occupied unit available for viewing once under contract.
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6251 3rd Avenue NW Facts & Features
- Type Multi-Family
- Sq. ft. 2,350
- Price/Sq.ft. $424
- Lot 0.11 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 960.26
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 56400
- Insurance Expense: 2747
- Net Operating Income: 34531
- Total Expenses: 21869.26
- Total Monthly Income: 4700
- Water/Sewer/Garbage: 5273
Building Information
- Building Name: Gilman
- New Construction: No
- Year Built: 1963
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 705 - Ballard/Greenlake
- Subdivision Name: Green Lake
Community/Development
- Amenities: Basement,Storage,Thermal Windows
Tax Information
- Tax Annual Amount: $12,889.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 2769602755
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 2350
- Building Area Units: Square Feet
- Calculated Square Footage: 2350
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 2350
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 5
- Open Parking: Yes
- Parking Total: 5
- Parking Uncovered Spaces: 5
- Parking Uncovered Total: 5
Lot Information
- Irrigation Water Rights: No
- Lot Features: Curbs, Paved, Sidewalk
- Lot Size Acres: 0.1148
- Lot Size Dimensions: 50x101x50x101
- Lot Size Square Feet: 5000
- Lot Size Units: Square Feet
- Site Features: Deck, Gas Available, Patio
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Triplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood, Wood Products
- Number Of Units Total: 3
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1400
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1500
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1800
- Beds Total: 2
- Baths Total: 1
6251 3rd Avenue NW Neighborhood
Community
98107 (Seattle) Demographics
34
Median Age
11,325
Population Density (per sq. mile)
80%
College Educated
$102,436
Estimated Median Income
5,772
Estimated Total Home Owners
9,074
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6251 3rd Avenue NW Monthly Cost
6251 3rd Avenue NW Market Data
Based on the last 30 days in this zip code
$842,839
Average List Price
$581
Average Price per Square Foot
30
Properties Sold
47
Average Days on Market
143
Properties for Sale
6251 3rd Avenue NW History
| Date | Value | Agent |
|---|---|---|
| 6/20/2026Source: NWMLS | Pending |
Claudia Kuniholm Listing Agent |
| 6/9/2026Source: NWMLS | Pending Inspection |
Claudia Kuniholm Listing Agent |
| 6/3/2026Source: NWMLS | $997,000 -2.7% |
Claudia Kuniholm Listing Agent |
| 5/28/2026Source: NWMLS | $1,025,000 -6.8% |
Claudia Kuniholm Listing Agent |
| 5/19/2026Source: NWMLS | $1,100,000 -2.2% |
Claudia Kuniholm Listing Agent |
| 4/24/2026Source: NWMLS | $1,125,000 -2.2% |
Claudia Kuniholm Listing Agent |
| 2/6/2026Source: NWMLS | $1,150,000 -9.8% |
Claudia Kuniholm Listing Agent |
| 1/29/2026Source: NWMLS | $1,275,000 -1.9% |
Claudia Kuniholm Listing Agent |
| 1/9/2026Source: NWMLS | January 09, 2026 |
Claudia Kuniholm Listing Agent |