2418 NW 57th St, Seattle, WA
20 bd · 20 ba · 12,300 sqft Multi-Family listed at $4,800,000, built in 1986 in the Ballard neighborhood.
About this home
Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.
Property details
- Price
- $4,800,000
- Bedrooms
- 20
- Bathrooms
- 20
- Interior
- 12,300 sqft
- Price / sqft
- $390
- Year built
- 1986
- Lot size
- 10,001 sqft
- Type
- Multi-Family
- Days on market
- 80
- Est. property tax
- $44,640/yr · $3,720/mo · 0.93% WA avg
- Last sold
- $796,000 · Sep 1989
Estimated monthly payment
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Price history
- Feb 5, 2026$4,800,000Initial list price
- Sep 28, 1989$796,000Sold
- May 30, 1985$62,000Sold
Location
This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.
Home Intelligence
Neighborhood (zip 98107)
This neighborhood is highly educated (40% hold a bachelor's degree). Median age is 34.0; 41% of homes are owner-occupied; median household income is $131,559.
- Median income
- $131,559
- Median age
- 34.0
- Owner-occupied
- 40.9%
- Bachelor's degree
- 40.4%
- Census median home value
- $896,300
Source: US Census Bureau American Community Survey 5-year estimates.
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