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Listing Firm: Westlake Associates, Inc.: David W Petersen

Active
NWMLS # 2402233
  • - Beds
  • - Baths
  • 5658 Sq.ft.

1423 NW 60th Street , Seattle, WA 98107

Listings with the three tree icon are courtesy of NWMLS

About This Property

Owner Financing available with 30% down and 5% Interest Only. Do not Disturb Tenants. Listed for the first time in over 30 years, Ballard 5 is a unique investment opportunity in one of Seattle’s most dynamic neighborhoods. Featuring all spacious 2-bedroom units, Ballard 5 is strategically positioned just blocks away from a future light rail station expected in 2039. This major infrastructure upgrade will enhance transit access, connectivity, and overall property value, making it even more desirable for quality tenants seeking urban convenience and neighborhood charm. The property offers strong value appreciation potential and stable rental income with attractive owner financing (30% down at 5% interest only).

Aris360 Last Checked: 1 Minute Ago (Jul 05, 2025 01:18 PM)

  • Source: NWMLS as Distributed by MLS Grid #2402233

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 60th
  • Zip/Postal Code: 98107
  • City: Seattle

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$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Ballard
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.374698
  • Latitude
    • 47.672131
  • Directions
    • From Downtown Seattle, head towards Ballard on Elliott Ave W. This will turn to 15th Ave W. Turn right on NW 60th St just after the Taco Bell. Site will be on right.

  • Interior
    • Laminate Tile
  • Floors
    • Laminate
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 3
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 10
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Cement/Concrete
    • Wood
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 5000

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $14303
  • Year Built
    • 1976
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jul 05 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.

Jul 05, 2025 01:18 PM