Listed by Westlake Associates, Inc.
$1,695,000
$100K PRICE DROP

1423 NW 60th St Seattle, WA 98107

West Woodland Neighborhood

Estimated payment $10,143/month

Total Views 3,206
10 Beds
5 Baths
5,658 Sq Ft
$300 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • West Woodland Elementary School Rated A
  • Wood Siding
  • 1-minute walk to Gemenskap Park

About This Home

Owner Financing available with 30% down and 5% Interest Only. Do not Disturb Tenants. Listed for the first time in over 30 years, Ballard 5 is a unique investment opportunity in one of Seattle’s most dynamic neighborhoods. Featuring all spacious 2-bedroom units, Ballard 5 is strategically positioned just blocks away from a future light rail station expected in 2039. This major infrastructure upgrade will enhance transit access, connectivity, and overall property value, making it even more desirable for quality tenants seeking urban convenience and neighborhood charm. The property offers strong value appreciation potential and stable rental income with attractive owner financing (30% down at 5% interest only).

Listing Agent

David Petersen

Westlake Associates, Inc. License #7352 Listed on: 07/02/2025

Co-Listing Agent

Chad Martini

Westlake Associates, Inc. License #118627

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2402233

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,303

Year Built

  • Built in 1976

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 5,658 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Additional Features

  • 5,000 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767704745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,303

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 5658
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Concrete, Wood
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 8748

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767704745
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KCA
  • MLSSquareFootageSource: KCA
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.08
  • LeasedItems: None
  • TotalMonthlyIncome: 9365

Multi Family

  • Gross Scheduled Income: 112380
  • Net Operating Income: 72854
  • Number Of Units Total: 5
  • Insurance Expense: 2256
  • Leasable Area: 4772
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 14303

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $1,695,000 -5.6% $300 / Sq Ft
07/02/2025 07/02/25 For Sale $1,795,000 -- $317 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2402233

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98107 West Woodland

1423 NW 60th St, Seattle, WA

This home is located at 1423 NW 60th St, Seattle, WA 98107 and is currently priced at $1,695,000, approximately $299 per square foot. This property was built in 1976. 1423 NW 60th St is a home located in King County with nearby schools including West Woodland Elementary School, Hamilton International Middle School, and Ballard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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David Petersen
Listing Agent
David Petersen
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Westlake Associates, Inc.
(206) 752-3602