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$997,000
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Property Description
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.
Full Property Details
Full Property Details for 6251 3rd Ave NW
General
- Sold For: $997,000
- Taxes: $12,889 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2466729
- Added to Site: 184 day(s) ago
Interior
- Flooring: Vinyl, Vinyl Plank, Carpet
Additional Information
- Amenities: Deck, Gas Available, Patio
Parking
- Uncovered Spaces: 5
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Green Lake
- Building Name: Gilman
- Driving Directions: Map programs all work. Just south of 65th on 3rd Ave NW
School Information
- High School District: Seattle
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Triplex
- Exterior Const.: Brick, Wood, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 2,350
- Year Built: 1963
- 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: Realist
- Lot Dimensions: 50 x 101 x 50 x 101
- Lot Features: Curbs, Paved, Sidewalk
- Zoning: Multi-Family
Green Features
- Energy Efficient: Thermal Windows
Financial Considerations
- Tax Amount: $12,889
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 2769602755
- Block: Block 10
- Lot Number: Lot 21-22
Listed by Claudia Kuniholm | Berkshire Hathaway HS NW | (425) 453-9100
Sold by Sean D. Smith | Fellow Real Estate Services
Get Pre-Approved Today
Schools
Schools serving 6251 3rd Ave NW
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
West Woodland Elementary School 5601 4th Avenue Northwest, Seattle, WA 98107 | K-5 | 0.4 mi |
Salmon Bay School 1810 Northwest 65th Street, Seattle, WA 98117 | K-8 | 0.9 mi |
Hamilton International Middle School 1610 North 41st Street, Seattle, WA 98103 | 6-8 | 1.6 mi |
Ballard High School 1418 Northwest 65th Street, Seattle, WA 98117 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6251 3rd Ave NW
Date
Details
Price
Change
Source
7/06/2026
Sold
$997,000
—
MLS
6/03/2026
Price Reduced
$997,000
-2.73%
MLS
5/28/2026
Price Reduced
$1,025,000
-6.82%
MLS
5/19/2026
Price Reduced
$1,100,000
-2.22%
MLS
4/24/2026
Price Reduced
$1,125,000
-2.17%
MLS
2/06/2026
Price Reduced
$1,150,000
-9.8%
MLS
1/29/2026
Price Reduced
$1,275,000
-1.92%
MLS
1/09/2026
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6251 3rd Avenue NW, Seattle, WA 98107 (MLS# 2466729) is a Multi-Family property that was sold at $997,000 on July 06, 2026. Want to learn more about 6251 3rd Avenue NW? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

