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6013 4th Avenue NW, Seattle, WA, 98107

4beds
5baths
3,400sqft
$1,274,995
$375price/sqft
$7,955/moest. monthly cost
$318,200/yrincome needed

About This Home

Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,600 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.

Getting Around

77
WalkingVery Walkable
53
TransitGood Transit
77
BikeVery Bikeable

Schools

9/10
Ballard High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement/Concrete,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Tri-plex
  • Property subType: Triplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 3,400
  • Total interior livable area: 3,400 sqft

Property

Details

  • Parcel number: 2769600305
  • Special condition: Standard

Lot

  • Lot size: 5,000 sqft
  • Features: Curbs,Paved,Sidewalk,Deck,Fenced-Partially,Patio

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,447$77,364
Home Insurance *$169$2,028
Property Taxes $1,107$13,284
Electricity $232$2,790
Total$7,955$95,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$272,742/yr
40% on housing$238,650/yr
45% on housing$212,133/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 98107$382
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98107$597
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-18Listed for sale$1,274,995
2015-01-20Sold$715,000

For Sale by Agent

AgentPuneet Sachdeva
BrokerageKelly Right RE of Seattle LLC

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