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Listing Firm: Lee & Associates Commercial RE: Dea Sumantri

Bought With: Lee & Associates Commercial RE : Candice Chevaillier

SOLD On January 31, 2025
NWMLS # 2287605

$4,850,000

  • Sold Price

5121 17th Avenue NW, Seattle, WA 98107

Listings with the three tree icon are courtesy of NWMLS

About This Property

Sunset House is a 21-unit apartment building which exemplifies pride of ownership. Prime Ballard location, walking distance to the Historic Ballard Avenue. Built in 1964, this building is being offered to the market now for the first time since it was built. Immaculate, well-maintained building with PEX & Copper plumbing, vinyl windows, re-mortared exterior bricks, and LVT floorings in most units. Stable rent income with an opportunity to realize a 36.4% lift in revenue from current below-market rents through strategic turnovers and renovation.

Buyer's Agent: Candice Chevaillier • Lee & Associates Commercial RE

Listed by: Dea Sumantri • Lee & Associates Commercial RE

Aris360 Last Checked: Just Now (Aug 03, 2025 02:21 PM)

  • Source: NWMLS as Distributed by MLS Grid #2287605

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 17th
  • Zip/Postal Code: 98107
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Ballard
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.379165
  • Latitude
    • 47.666083
  • Directions
    • West on NW Market St Turn Left on 17th Ave NW

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Other
    • Vinyl
    • Vinyl Plank
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 5
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 17
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
    • Cement/Concrete
  • Site Description
    • Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • Roof
    • Flat,
    • Torch Down,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • SPU
  • Building Total Area (Sq. Ft.)
    • 8250
  • Has View
    • Yes
  • View Description
    • Bay,
    • Territorial,

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $50003
  • Year Built
    • 1964
  • Effective Year Built
    • 1990
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Aug 03, 2025 02:21 PM