1433 NW 64th St
Seattle, WA 98107
Ballard 32 · Multifamily Property For Sale · 32 Units

Ballard 32 Apartments presents a rare opportunity to acquire a well-maintained, value-add multifamily asset in the heart of one of Seattle’s most sought-after neighborhoods. Constructed in 1986, this desirable vintage offering combines enduring appeal with more modern building systems and construction standards—perfectly aligning with strong tenant demand for updated housing in Ballard.
Offered as a turnkey investment with attractive in-place cash flow, the property provides immediate operational stability alongside meaningful upside. Investors can unlock additional NOI through measured rent increases to market, capitalizing on the asset’s proven renovation program and prime location.
All 32 units feature spacious, well-designed floor plans with large kitchens and dining nooks, expansive living areas and bedrooms, private decks, and full-size in-unit washers and dryers.
19 units have been fully renovated with quartz countertops, new cabinetry, stainless steel appliances, luxury vinyl plank flooring, and modernized bathrooms.
12 units have been partially upgraded with new LVP flooring, fresh paint, and updated appliances.
1 unit remains in original condition, offering further value-add potential.
The property includes 32 dedicated parking spaces in a secure underground garage, with a hydraulic elevator providing convenient access to all four residential floors. Building systems and construction features include copper plumbing, double-pane vinyl windows, electric heat, and wood-frame construction with marblecrete siding.
Ballard 32 Apartments offers investors a compelling combination of location, quality, stability, and upside in one of Seattle’s most resilient rental markets.