Listing provided courtesy of Westlake Associates, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2493653
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Request Info7329 15th Avenue NWSeattle, WA 98107
Multi-Family · 9 Beds · 4,660 Sq. ft. | 0.10 Acres$1,400,000
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7329 15th Avenue NW Overview
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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.
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7329 15th Avenue NW Facts & Features
- Type Multi-Family
- Sq. ft. 4,660
- Price/Sq.ft. $300
- Lot 0.10 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 8874
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 138900
- Insurance Expense: 2800
- Net Operating Income: 95904
- Total Expenses: 38829
- Total Monthly Income: 11425
- Water/Sewer/Garbage: 13688
Building Information
- New Construction: No
- Year Built: 1912
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 705 - Ballard/Greenlake
- Subdivision Name: Loyal Heights
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $13,467.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 7518500770
- 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: 4660
- Building Area Units: Square Feet
- Calculated Square Footage: 4660
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl Plank, Carpet
- Heating: Yes
- Leasable Area: 4050
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Partially Fenced
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 2
- Parking Uncovered Total: 2
Lot Information
- Irrigation Water Rights: No
- Lot Features: Curbs, Paved
- Lot Size Acres: 0.1011
- Lot Size Square Feet: 4403
- Lot Size Units: Square Feet
- Site Features: Deck, Fenced-Partially
- Elevation Units: Feet
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood
- Number Of Units Total: 7
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1250
- Beds Total: 0
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1285
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1325
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1600
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1630
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1850
- Beds Total: 2
- Baths Total: 1
Unit 7 Details
- Actual Rent: 2485
- Beds Total: 2
- Baths Total: 1
7329 15th 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.7329 15th Avenue NW Monthly Cost
7329 15th 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
7329 15th Avenue NW History
| Date | Value | Agent |
|---|---|---|
| 6/3/2026Source: NWMLS | $1,400,000 -5.1% |
|
| 3/17/2026Source: NWMLS | March 17, 2026 |