1311 NW 85th St $1,195,000

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    1311 NW 85th St Seattle, WA 98117

    • 0 Beds
    • 0 Baths
    • 4,430 sq.ft.
    • Multi-Family
    Listing# 1494229 | Pending

    $1,195,000

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    Days On Market: 27 0 Views
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    Property Details

    Nestled in the quaint and expanding North Ballard neighborhood, Ballard 5 is well poised to take advantage of all that Ballard has to offer. Ballard 5 sits on a nearly 7,000 SF lot with LR2 RC designated zoning. The property consists of a fourplex with one non-conforming unit and a single family home on one parcel. An investor in the Ballard 5 will have a myriad of options to maximize value and grow their investment in a high-demand rental market.

    • General Features
      • County King
      • Style 55-5-9 Units
      • Number of Stories 1
      • Number of Units 5
      • Year Built 1956
      • Lot Details Corner Lot
      • Lot Square Footage 6,935
      • County King
    • Building Features
      • Approx SqFt 4,430
      • Roof Compostion
      • Exterior Wood
      • Amenities Coin Op Laundry
    • Financials
      • Total Monthly Income $7,691
      • Net Operating Income $51,680
      • Gross Scheduled Income $91,740
      • Gross Adjusted Income $88,988
      • Total Expenses $40,608
      • Other Expenses $14,788
      • Insurance Expenses $3,480
      • Expenses $40,608
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 13
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $10,407
      • Energy Source Natural Gas
      • Heating and Cooling Forced Air
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle

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    Neighborhood

    98117 (Seattle) Demographics

    41Median Age
    8,480Population Density (per sq. mile)
    75%College Educated
    $95,721 Estimated Median Income
    9,962Estimated Total Home Owners
    4,077Estimated Total Renters
    71% / 29%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,682Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $760,000 Median Sales Price
    59 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,195,000
        8/19/2019 9:51:33 AM Status Changed Source New Value: Pending
        7/22/2019 3:31:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.