Listing provided courtesy of Paragon Real Estate AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2476476
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Request Info2418 NW 57th StreetSeattle, WA 98107
Multi-Family · 20 Beds · 12,300 Sq. ft. | 0.23 Acres$4,800,000
Pending
2418 NW 57th Street Overview
- Visits:
- 4
Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.
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2418 NW 57th Street Facts & Features
- Type Multi-Family
- Sq. ft. 12,300
- Price/Sq.ft. $390
- Lot 0.23 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 68715
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 367876
- Insurance Expense: 11911
- Net Operating Income: 204789
- Total Expenses: 144693
- Total Monthly Income: 30656
- Water/Sewer/Garbage: 22156
Building Information
- New Construction: No
- Year Built: 1986
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 705 - Ballard/Greenlake
- Subdivision Name: Ballard
Community/Development
- Amenities: Storage,Thermal Windows
Tax Information
- Tax Annual Amount: $41,911.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 2767605155
- Possible Use: Multi-Family
- 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: 12300
- Building Area Units: Square Feet
- Calculated Square Footage: 12300
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 12300
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 4
Exterior
Parking Information
- Open Parking: No
- Parking Total: 31
- Parking Uncovered Total: 20
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.2296
- Lot Size Square Feet: 10000
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 9
- Carport: No
- Covered Spaces: 11
- Exterior Features: Wood, Wood Products
- Number Of Units Total: 21
- Sewer: Sewer Connected
Unit Information
Unit 11 Details
- Actual Rent: 1243
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1278
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1295
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 12 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 16 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 17 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 18 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 19 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 20 Details
- Actual Rent: 1350
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1444
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1524
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Actual Rent: 1551
- Beds Total: 1
- Baths Total: 1
Unit 14 Details
- Actual Rent: 1551
- Beds Total: 1
- Baths Total: 1
Unit 15 Details
- Actual Rent: 1700
- Beds Total: 1
- Baths Total: 1
2418 NW 57th Street 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.2418 NW 57th Street Monthly Cost
2418 NW 57th Street 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
2418 NW 57th Street History
| Date | Value | Agent |
|---|---|---|
| 4/6/2026Source: NWMLS | Pending |
|
| 2/4/2026Source: NWMLS | February 04, 2026 |