Seattle, WA 98117 6710 24th Avenue NW
$1,550,000
11 more
Presented By: Lee & Associates Commercial RE and NWMLS
- MLS# 2381058
- 05/23/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 5,553
Home Details
With $100K price reduction and rent increases of $250 (Oct/Nov 2025) and $205 (Jan 2026), projected Cap Rate is 5.31%. Prime investment in a top Seattle neighborhood near dining, shopping, and transit. Property offers spacious units averaging 900 SF: one 3-bdrm, three 2-bdrm, and one 1-bdrm. Recent upgrades include new roof (Oct 2024), exterior sealant (Jul 2024), and deck replacements (May 2025). No charges for parking/utilities—immediate revenue upside. Value-add potential with carport conversion or adding a 6th unit (buyer to verify). Common laundry plus private W/D in 3-bdrm. Light renovations could raise rents by almost 20%.
Presented By: Lee & Associates Commercial RE and NWMLS
Interior Features for 6710 24th Avenue NW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 6710 24th Avenue NW
AmenitiesCoin Op Laundry
Building Area UnitsSquare Feet
Cap Rate5.31
Carport Spaces4
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsHead west on Market Street, then turn right on 24th Ave NW. Building should be on your right.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingRadiant
High School DistrictSeattle
Insurance Expense7831
Leasable Area4495
Listing TermsCash Out, Conventional
Lot Size Square Feet5100
Lot Size UnitsSquare Feet
MLS Area705 – Ballard/Greenlake
ModificationTimestamp2025-09-19T18:28:10.854Z
NWM_ShowMapLinkY
Net Operating Income82271
New ConstructionNo
Number Of Units Total5
Open Parking Spaces0
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWith $100K price reduction and rent increases of $250 (Oct/Nov 2025) and $205 (Jan 2026), projected Cap Rate is 5.31%. Prime investment in a top Seattle neighborhood near dining, shopping, and transit.
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameBallard
Tax Annual Amount15076
Tax Year2025
Units Below Gradefalse
Units In Building Total5
ViewMountain(s)
Virtual TourClick here
Water CompanySPU
Water Sewer Garbage11856
Year Built1977
Zoning DescriptionMulti-Family
Exterior for 6710 24th Avenue NW
Building Area Total5553
Covered Spaces
Exterior AmenitiesStucco
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.1171
Parking Uncovered Spaces0
Site FeaturesFenced-Fully
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®