Rare investment opportunity in one of Seattle’s most desirable neighborhoods. The Ballard 9 has been meticulously maintained, with numerous high-quality updates completed during tenant turnovers. Its spacious, light-filled units, paired with professional management, have contributed to long-term tenant retention. This property offers a compelling value-add opportunity: an investor can increase cash flow by raising rents to market levels and continuing the proven strategy of upgrading units upon turnover.
Active
Listed by:
Cathy Jeney,
Paragon Real Estate Advisors,
Nick Hemming,
Paragon Real Estate Advisors
$2,300,000
1521 NW 65th Street, Seattle, WA 98117
10beds
9baths
6,224sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$2,164,400 Zestimate®
$370/sqft
$-- HOA
What's special
Spacious light-filled units
- 3 days
- on Zillow |
- 218 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 02:13pm
Listed by:
Cathy Jeney,
Paragon Real Estate Advisors,
Nick Hemming,
Paragon Real Estate Advisors
Source: NWMLS,MLS#: 2363574

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 9
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 6,224
- Total interior livable area: 6,224 sqft
Property
Parking
- Total spaces: 9
- Parking features: Open
- Uncovered spaces: 9
Lot
- Size: 9,883.76 Square Feet
Details
- Parcel number: 2767600525
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Ballard
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $370/sqft
- Annual tax amount: $21,225
- Date on market: 4/22/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 4 days
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