Ballard Homes with 55 - 5-9 Units Style

Welcome to Ballard, one of Seattle's most vibrant and eclectic neighborhoods! Nestled in the heart of King County, Ballard is a charming blend of rich maritime history, modern amenities, and a strong sense of community. Known for its picturesque views of the Puget Sound and the Olympic Mountains, this area offers a unique lifestyle that attracts families, young professionals, and retirees alike.

Ballard is celebrated for its thriving cultural scene, featuring an array of local shops, artisanal eateries, and lively breweries. Stroll along Ballard Avenue, where you'll find everything from trendy boutiques to cozy cafes, perfect for enjoying a leisurely afternoon. The renowned Ballard Locks, a marvel of engineering, is also a must-see, allowing you to witness the fascinating passage of boats and the seasonal migration of salmon.

For those seeking homes in Ballard, you'll discover a variety of options, particularly in the 55 to 59 units style. These charming residences often boast a blend of classic architecture and contemporary design, providing ample space for comfortable living. Many homes feature modern amenities while retaining their historic charm, making them ideal for anyone looking to settle in a community that values both tradition and innovation.

With excellent schools, lush parks, and a welcoming atmosphere, Ballard is not just a place to live; it's a place to thrive. Whether you’re looking to explore the bustling local scene or simply enjoy the stunning natural surroundings, Ballard offers a lifestyle that is truly one of a kind. Come and experience the magic of Ballard for yourself!

Newest Ballard Homes with 55 - 5-9 Units Style

$2,250,000

2581844 MLS ⋅ ACTIVE Status

We are pleased to present this well-maintained 6-unit apartment property in Ballard, one of Seattle’s most established and desirable rental markets. Built in 1982 and offered for sale for the first time by the family of the original builder, the property combines durable construction, spacious 2-bedroom floor plans, desirable resident amenities, and identifiable renovation upside. The property is comprised entirely of 2-bedroom, 1-bath corner units featuring in-unit W/D, fireplaces, private balconies, dining areas, dishwashers, refrigerators, ranges, and wood flooring. A common area provides secure resident storage, an additional laundry set, and a 1/2 bath, with potential for conversion to an additional unit (buyer to verify). 6 parking spaces are provided, 5 of which are covered. Ownership began renovating interiors in 2021, with 3 of the 6 units remodeled to date. The remaining apartments retain classic finishes, providing a clear opportunity to continue the renovation program and capture additional rental upside. Building systems include copper plumbing and Crouse-Hinds electrical panels, and a full roof replacement was completed in August 2026. Located in the heart of Ballard, along with recent capital improvements, an all 2-bedroom unit mix, in-unit laundry, covered parking, and a straightforward value-add strategy, the property offers investors an attractive combination of current income, renovation potential, and long-term appreciation.

1544 NW 53rd Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,650,000

2555526 MLS ⋅ ACTIVE Status

This is the one!! Very Well maintained 5 unit building in a desirable Ballard and very walkable Location. The building features 3 townhome style 2 bedroom loft units with private balconies and 2 one bedroom units with many upgrades . The building has a shared laundry room and storage for each unit, 2 tandem parking spaces and 3 uncovered spaces in the back, and some longer terms tenants. Very little turnover in this building. Located in the heart of Ballard, don't miss out on this solid turn key investment property.

1750 NW 58th Street, Seattle

Listing courtesy of RE/MAX Metro Realty, Inc..

$1,800,000

2554587 MLS ⋅ ACTIVE Status

Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

2209 NW 59th Street, Seattle

Listing courtesy of North Pacific Properties.

$1,725,000

2531058 MLS ⋅ ACTIVE Status

Kos Apartments is a five unit multifamily property located in the Ballard neighborhood of Seattle. All five units are two bedroom, two bathroom residences averaging 990 square feet, positioned on a 5,100 square foot LR3 RC (M1) zoned lot. The property was constructed in 1978 and features wood frame construction, double pane vinyl windows, copper plumbing, and five dedicated parking stalls including four carport stalls. Two of the five units have been renovated and are leased at rents approaching market. The remaining three units are in original condition and leased month to month, with two tenants in place since 2011. This tenant structure presents a clean path for a renovation value-add play: as legacy tenants turn, a new owner can renovate the units to the same finish level as the two renovated units, supporting a renovated rent target of $2,550 per unit and a 6.7% proforma cap rate. Ballard continues to see strong rental demand driven by proximity to downtown Seattle, Fremont, and the broader South Lake Union employment corridor, as well as walkable retail, waterfront access, and established transit connectivity.

5816 14th Avenue NW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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