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    5506 7Th Ave NW Seattle, WA 98107

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    For Sale
    $1,250,000

    Well-maintained 2,770 SF triplex with immediate income potential.

    Property size:
    2,770 SF
    Lot size:
    0.11 Acres

    Property Features for 5506 7Th Ave NW

    General Information

    Size
    2,770 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1969

    Source: Realogics Sotheby's Int'l Rlty Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Triplex in Seattle

    This multi-family property is located in the Seattle MF area. The 2,770 SF building contains three updated units. Constructed in 1969 and renovated in 2012, the property offers investment potential. It is zoned LR1(M) and is currently fully occupied, providing immediate income. The property exemplifies low-rise, garden-style living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.364759
    Latitude
    47.668997

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    FAQs

    What type of property is this?
    Triplex - Well-maintained 2,770 SF triplex with immediate income potential.
    Where is this triplex located?
    The property is located at 5506 7Th Ave NW Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime multi-family property in the heart of the Seattle MF area.; - 2,770 SF building with three updated units.; - Impeccably maintained property with outstanding investment potential.
    Request Owner's contact information
    5506 7Th Ave NW Seattle, WA 98107
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    Seattle, WA 98107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5506 7Th Ave NW Seattle, WA 98107
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