Sold

Listed by: Lee & Associates Commercial RE

Bought with: Lee & Associates Commercial RE

$4,850,000

5121 17th Avenue NW, Seattle, WA 98107

27beds

22baths

13,800sqft

Multi Family

Built in 1964

-- sqft lot

$4,598,800 Zestimate^®

$351/sqft

$2,379 Estimated rent

Home value

$4,598,800

$4.18M - $5.01M

$2,379/mo

Zestimate^® history

Owner options

List your home for rent

$2,379/mo

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$2,379/mo

Rent Zestimate^®

Refinance and save

$29,605/mo

Est. payment

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$29,605/mo

Est. payment

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What's special

Re-mortared exterior bricks

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 27
Bathrooms: 22

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Other, Vinyl, Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 13,800
Total interior livable area: 13,800 sqft

Property

Parking

Total spaces: 17
Parking features: Open
Carport spaces: 15
Uncovered spaces: 2

Features

Patio & porch: Wall to Wall Carpet
Has view: Yes
View description: Bay, Territorial
Has water view: Yes
Water view: Bay

Lot

Size: 8,250 sqft
Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Sprinkler System

Details

Parcel number: 2767703780
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Cement/Concrete
Foundation: Poured Concrete
Roof: Flat,Torch Down

Condition

Year built: 1964
Major remodel year: 1990

Utilities & green energy

Electric: Company: SCL
Sewer: Sewer Connected, Company: SPU
Water: Public, Company: SPU
Utilities for property: Xfinity, Xfinity

Community & neighborhood

Location

Region: Seattle
Subdivision: Ballard

Other

Other facts

Listing terms: Conventional,Rehab Loan
Cumulative days on market: 487 days

Price history

Date	Event	Price
1/31/2025	Sold	$4,850,000-2.9%$351/sqft
Source: NWMLS as distributed by MLS GRID #2287605 Report a problem
12/17/2024	Pending sale	$4,995,000$362/sqft
Source: NWMLS as distributed by MLS GRID #2287605 Report a problem
10/30/2024	Price change	$4,995,000-7.5%$362/sqft
Source: NWMLS as distributed by MLS GRID #2287605 Report a problem
9/10/2024	Listed for sale	$5,400,000$391/sqft
Source: NWMLS as distributed by MLS GRID #2287605 Report a problem