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10-Unit Apartment Building with Carports
For Sale
$2,750,000

5920 24th Ave Nw, Seattle, WA 98144

Fully leased multifamily property in Ballard with laundry facilities, storage lockers, and on-site parking.

Property SizeContact for details
Days on Market25

Property Features for 5920 24th Ave Nw

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 9 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 10

Taxes and HOA fees

Annual Taxes $22,728

Amenities

laundry room
storage lockers

Building Details

Year Built 1965
Buildings 1
Listing Agency: L. Dankers Real Estate Group
Listed By: David Dankers
Source: Exprealty
Added: Jul 29 Changed: Aug 21 Last Checked: Aug 21 at 10:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L. Dankers Real Estate Group

Investment Insights

Based on property information with market context.

This 10-unit apartment building was constructed in 1965 and includes nine one-bedroom, one-bath residences plus one two-bedroom, one-bath residence. A first-floor laundry room with storage lockers serves the building. The property also includes three carports and three off-street parking spaces.

Located in Ballard at 5920 24th Ave NW in Seattle, the building is fully leased and offers an established multifamily configuration with a mix of one- and two-bedroom units.

Key Highlights

  • 10‑unit apartment building constructed in 1965
  • Unit mix includes 9 one‑bedroom units and 1 two‑bedroom unit
  • All units are fully leased

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Barber Shop Grocery & Convenience Store Bed & Breakfast Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,069
Businesses Nearby

Demographics for 98144, WA

32,178
Population
16,381
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
9,464
Density / Sq Mi
$94,051
Median Household Income
$65,078
Median Earnings
$1,805
Median Rent
$890,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property in Ballard with laundry facilities, storage lockers, and on-site parking.
Where is this apartment building located?
The property is located at 5920 24th Ave Nw Seattle, WA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 10‑unit apartment building constructed in 1965; Unit mix includes 9 one‑bedroom units and 1 two‑bedroom unit; All units are fully leased
More about this property
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