Ballard Multifamily Investment
1433 NW 64th St, Seattle, WA 98107
Well-maintained 32-unit apartment building in prime Seattle location.
Type:Multifamily
Property size:
29,152 SFPrice / SF:
$360/SF- Added:
- Mar 4, 2026
- Days on Market:
- 78
- Last Refresh:
- Mar 16 at 2:32 pm
Property Features for 1433 NW 64th St
General Information
- Standard status
- Active
- Size
- 29,152 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1986
Listing agent Curran Hagstrom License #WA103072
Listing office Westlake Associates, Inc.
Listing date Mar 4, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Westlake Associates, Inc.
HighLights
- Prime location in the highly desirable Ballard neighborhood of Seattle.
- Turnkey investment with attractive in‑place cash flow and immediate operational stability.
- Significant upside potential through rent increases and completing renovations.
- 32 dedicated parking spaces in a secure underground garage with elevator access.
- Spacious units with desirable features: large kitchens, private decks, and in‑unit washers/dryers.
- Mix of fully renovated, partially upgraded, and original units providing value‑add opportunities.
Overview
Ballard 32 Apartments presents an opportunity to acquire a well-maintained multifamily asset in Seattle's Ballard neighborhood. Constructed in 1986, the property combines enduring appeal with modern building systems. Offered as a turnkey investment with in-place cash flow, the property provides operational stability alongside upside potential. Investors can increase net operating income through rent increases, capitalizing on the asset’s renovation program and location. All 32 units feature spacious floor plans with kitchens and dining nooks, living areas and bedrooms, private decks, and in-unit washers and dryers. 19 units have been fully renovated with quartz countertops, new cabinetry, stainless steel appliances, luxury vinyl plank flooring, and modernized bathrooms. 12 units have been partially upgraded with new LVP flooring, fresh paint, and updated appliances. One unit remains in original condition, offering further value-add potential. The property includes 32 dedicated parking spaces in a secure underground garage, with a hydraulic elevator providing access to all four residential floors. Building systems and construction features include copper plumbing, double-pane vinyl windows, electric heat, and wood-frame construction with marblecrete siding. The property contains 29152 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3753046
- Latitude
- 47.6750515
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 32-unit apartment building in prime Seattle location.
Where is this apartment building located?
The property is located at 1433 NW 64th St Seattle, WA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Prime location in the highly desirable Ballard neighborhood of Seattle.; Turnkey investment with attractive in‑place cash flow and immediate operational stability.; Significant upside potential through rent increases and completing renovations.
