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$1,250,000

  • Sold
  • Closed
  • Multi-Family
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Explore this prime multi-family property in the heart of the Seattle MF area. Boasting a 2,770 SF building with three updated units and 2 one-car garages this impeccably maintained property offers outstanding investment potential. Built in 1969 and thoughtfully renovated in 2012, it presents a compelling opportunity for a discerning investor. With LR1(M) zoning and a full occupancy rate, this asset is positioned for immediate income generation and future growth. Don't miss out on the chance to own a piece of this thriving market with a property that exemplifies the best of low-rise, garden-style living in the Seattle area.

Full Property Details for 5506 7th Ave NW

General

  • Sold For: $1,250,000
  • Taxes: $12,000 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2425280
  • Added to Site: 188 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Fenced-Partially, Patio
  • Security/Safety: Partially Fenced

Parking

  • Covered Spaces: 2
  • Uncovered Spaces: 3

Location

  • Area: 705 - Ballard/Greenlake
  • County: King
  • Subdivision: Ballard
  • Building Name: GILMAN PARK ADD
  • Driving Directions: Green Lake Way N, merge onto N 46th St., Left onto NW Market St, Right onto 7th Ave NW, Triplex on the Right.

School Information

  • High School District: Seattle
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Ballard High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Brick, Cement/Concrete, Stucco
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,770
  • Year Built: 1969
  • Property Condition: Good

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1148
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: Public Records
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $12,000
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2768200090
  • Block: 122
  • Lot Number: 3

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— 5506 7th Ave NW —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 5506 7th Ave NW

School District:Seattle School District
NameGradesDistance
West Woodland Elementary School
5601 4th Avenue Northwest, Seattle, WA 98107
K-50.2 mi
Hamilton International Middle School
1610 North 41st Street, Seattle, WA 98103
6-81.5 mi
Ballard High School
1418 Northwest 65th Street, Seattle, WA 98117
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5506 7th Ave NW

Date
Details
Price
Change
Source
10/07/2025
Sold
$1,250,000
—
MLS
8/26/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 5506 7th Ave NW

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854 Evergreen Point Rd, Medina, WA 98039 - Photo 1 Just Listed
$8,595,000

854 Evergreen Point Rd  Medina, WA 98039

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 5,415
    Sq. Ft.
Listed by Robyn Kimura Hsu | Realogics Sotheby's Int'l Rlty and Renee Vanous | Windermere Real Estate/East
7640 NE 32nd St, Medina, WA 98039 - Photo 1 Just Listed
$4,900,000

7640 NE 32nd St  Medina, WA 98039

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 6
    Total Baths
  • 5,600
    Sq. Ft.
Listed by Anna F. Riley | Windermere Real Estate/East and Denise Niles | Windermere Real Estate/East
7611 NE 12th St, Medina, WA 98039 - Photo 1 Just Listed
$6,180,000

7611 NE 12th St  Medina, WA 98039

  • Single Family
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 5,706
    Sq. Ft.
Listed by Anna F. Riley | Windermere Real Estate/East and Denise Niles | Windermere Real Estate/East
9615 NE 26th St, Clyde Hill, WA 98004 - Photo 1 Just Listed
$3,198,000

9615 NE 26th St  Clyde Hill, WA 98004

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,330
    Sq. Ft.
Listed by Alice Gu | Skyline Properties, Inc.

Price Reduced near 5506 7th Ave NW

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4123 94th Ave SE, Mercer Island, WA 98040 - Photo 1 Price Reduced
-$100,000 (-3.58%)
$2,695,000

4123 94th Ave SE  Mercer Island, WA 98040

  • Single Family
  • Active
  • Updated 2 days ago
  • 6
    Beds
  • 4
    Total Baths
  • 3,900
    Sq. Ft.
Listed by Joe Leslie | eXp Realty
7909 78th Ave SE, Mercer Island, WA 98040 - Photo 1 Price Reduced
-$220,000 (-2.82%)
$7,580,000

7909 78th Ave SE  Mercer Island, WA 98040

  • Single Family
  • Active
  • Updated 3 days ago
  • 7
    Beds
  • 11
    Total Baths
  • 9,340
    Sq. Ft.
Listed by Helena Chen | eXp Realty
4640 95th Ave NE, Yarrow Point, WA 98004 - Photo 1 Price Reduced
-$210,000 (-2.41%)
$8,490,000

4640 95th Ave NE  Yarrow Point, WA 98004

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 6
    Total Baths
  • 5,210
    Sq. Ft.
Listed by Tere Foster | Compass and Moya Skillman | Compass
3204 81st Pl SE, Mercer Island, WA 98040 - Photo 1 Price Reduced
-$40,500 (-7.11%)
$529,000

3204 81st Pl SE  #B202  Mercer Island, WA 98040

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 963
    Sq. Ft.
Listed by Christy Beach | Redfin

Recent Sales near 5506 7th Ave NW

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341 NW 53rd St, Seattle, WA 98107 - Photo 1 Sold
$1,245,000

341 NW 53rd St  Seattle, WA 98107

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,960
    Sq. Ft.
Listed by Katie Hanchinamani | Windermere Real Estate GH LLC and Ryan Hoff | Windermere Real Estate GH LLC
Sold by Stephanie St. Mary | Windermere Real Estate/East
5510 3rd Ave NW, Seattle, WA 98107 - Photo 1 Sold
$1,095,000

5510 3rd Ave NW  Seattle, WA 98107

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,500
    Sq. Ft.
Listed by Christine Andreasen | eXp Realty
Sold by Shirin Atarodi | KW Everett
602 NW 49th St, Seattle, WA 98107 - Photo 1 Sold
$1,100,000

602 NW 49th St  Seattle, WA 98107

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,880
    Sq. Ft.
Listed by Laura Highsmith | Keller Williams Downtown Sea
Sold by Franklin Painter | Compass and Sam Pan | Compass
5508 11th Ave NW, Seattle, WA 98107 - Photo 1 Sold
$1,250,000

5508 11th Ave NW  Seattle, WA 98107

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,600
    Sq. Ft.
Listed by Rosemary Pham | Windermere R E Mount Baker
Sold by Ann M. Babb-Nordling | RE/MAX Northwest

5506 7th Avenue NW, Seattle, WA 98107 (MLS# 2425280) is a Multi-Family property that was sold at $1,250,000 on October 07, 2025. This property was listed by Alan Berkwitt from our Bellevue Office.Want to learn more about 5506 7th Avenue NW? Do you have questions about finding other Multi-Family real estate for sale in Broadway? You can browse all Broadway real estate or contact a Coldwell Banker agent to request more information.