6251 3rd Avenue NW, Seattle, WA 98107 (MLS # 2466729)
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WOW! IMPROVED PRICE! Don't miss this opportunity to own a Ballard triplex with strong upside potential and multiple investment strategies. Live in one unit and rent the other two, or add this property to your investment portfolio. Existing rents were below market due to family occupancy in the two now-vacant units, creating exceptional value-add potential with projected rents of approximately $2,200-$2,400 per month per unit. Each unit features 2 bedrooms, 1 bath, a spacious living room, and dedicated dining space for comfortable everyday living. The lower unit has been refreshed with new carpet in the living room and bedroom, plus new flooring in the kitchen and bathroom. Additional amenities include off-street parking, onsite storage, and coin-operated laundry with storage space available for all units in the lower level. The front upper unit is occupied by a long-term tenant. The west-side upper unit and lower unit are vacant and available for viewing. Conveniently located near Woodland Park Zoo, Green Lake, shopping, nightlife, popular restaurants, coffee shops, and easy access to Hwy 99 and downtown Seattle. Explore the potential to continue operating as a triplex or investigate redevelopment opportunities to maximize the land value. Do not disturb tenant in occupied unit. Showings by appointment only; occupied unit available for viewing once under contract.
| LAST UPDATED | 6/9/2026 | TRACT | Green Lake |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | Green Lake |
| COUNTY | King | STATUS | Pending Inspection |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| PRICE HISTORY | |
| Prior to May 19, '26 | $1,125,000 |
|---|---|
| May 19, '26 - May 28, '26 | $1,100,000 |
| May 28, '26 - Jun 3, '26 | $1,025,000 |
| Jun 3, '26 - Today | $997,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 705 - Ballard/Greenlake |
| BASEMENT | Yes |
| CONSTRUCTION | Brick, Wood Siding |
| HEAT | Electric, Forced Air, Natural Gas, Wall Furnace |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Curbs, Paved, Sidewalk |
| LOT DIMENSIONS | 50x101x50x101 |
| MLS STATUS | Pending Inspection |
| STORIES | 2 |
| STYLE | 53 - Tri-plex |
| SUBDIVISION | Green Lake |
| TAXES | 12889 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/9/26 4:38 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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