Listing provided courtesy of Berkshire Hathaway HS NWNWMLSMLS# NWM2466729MLS Provider
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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.

Source: NWMLS, MLS#: NWM2466729

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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  • Median Age
    34
  • Population Density
    11,325
  • College Educated
    80%
  • Estimated Median Income
    $102,436
  • Estimated Total Home Owners
    5,772
  • Estimated Total Renters
    9,074
  • Owner / Renter Divide
    39% / 61%
  • Estimated Average Household Size
    2
  • Total Population
    28,025
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 6251 3rd Avenue NW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/20/2026Source: NWMLS Status Change
Pending
6/9/2026Source: NWMLS Status Change
Pending Inspection
6/3/2026Source: NWMLS Price Reduction
$997,000 -2.7%
5/28/2026Source: NWMLS Price Reduction
$1,025,000 -6.8%
5/19/2026Source: NWMLS Price Reduction
$1,100,000 -2.2%
4/24/2026Source: NWMLS Price Reduction
$1,125,000 -2.2%
2/6/2026Source: NWMLS Price Reduction
$1,150,000 -9.8%
1/29/2026Source: NWMLS Price Reduction
$1,275,000 -1.9%
1/9/2026Source: NWMLS Added to Database
January 09, 2026