1423 NW 60th St

5
Baths
5,658 Sq. Ft.
$282 / Sq. Ft.
5,658
Sq. Ft.
$282
per Sq. Ft.

Description

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...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).
  1. Listed by David W Petersen • Westlake Associates, Inc.
  2. Listed by Chad Michael Martini • Westlake Associates, Inc.

Property Details for 1423 Northwest 60th Street

Community Name
Ballard
School District
Seattle
Total Covered Parking
4
Entry Date
01-28-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/28/2026 10:58 AM

Property Details for 1423 Northwest 60th Street

StatusActive
MLS #2473133
Days on MarketListed Today
Cumulative Days on Market161
Taxes$14,303 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of Westlake Associates, Inc.
Add your commute

Building Information for 1423 Northwest 60th Street

Stories3Residences5Year Built1976Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$8,966 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,774

Property Taxes

$1,192

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1423 Northwest 60th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Directions: From Downtown Seattle, head towards Ballard on Elliott Ave W. This will turn to 15th Ave W. Turn right on NW 60th St just after the Taco Bell. Site will be on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Cement/Concrete, Wood
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 8748
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: KCA
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 18
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: KCA
  • Parcel Number Free Text: 2767704745
  • Calculated Square Footage: 5658
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5658.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 33907
  • Gross Adjusted Income: 113943
  • Gross Rent Multiplier: 13.3
  • Gross Scheduled Income: $119,940
  • Insurance Expense: $2,256
  • Net Operating Income: $80,036
  • Other Expenses: $8,600
  • Total Monthly Income: 9895
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 5
  • Square Feet Unit 1: 900
  • Rent Unit 1: $1,695.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 4
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $2,250.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 900
  • Rent Unit 3: $2,075.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 2
  • Square Feet Unit 4: 1000
  • Rent Unit 4: $1,925.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 1
  • Square Feet Unit 5: 900
  • Rent Unit 5: $1,950.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4772.0

Property History for 1423 Northwest 60th Street

DateEvent & SourcePriceAppreciation
Jan 28, 2026

Listed (Active)

NWMLS #2473133

$1,595,000
DateEvent & SourcePrice
01/28/2026

Listed (Active)

NWMLS #2473133

$1,595,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1423 Northwest 60th Street

Taxable ValueLand$1,175,000Additions$279,000Total$1,454,000
Tax Record2024$14,754 ($1,230 / month)
Home Facts
Total Finished SqFt4,770 SqFtAbove Ground SqFt4,770 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976Year Renovated1996ZoningLR3 (M)CountyKINGAPN276770-4745

Schools near 1423 Northwest 60th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
West Woodland Elementary School
PublicK to 5

Hamilton International Middle School
Public6 to 8

Ballard High School
Public9 to 12

Salmon Bay School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1423 Northwest 60th Street is a multi-family home for sale in Seattle, WA 98107. This property was listed for sale on January 28, 2026 by Westlake Associates, Inc., it's currently listed at $1,595,000. This listing's school district is Seattle Public Schools. Nearby schools include West Woodland Elementary School, Hamilton International Middle School and Ballard High School. 1423 Northwest 60th Street is a 10-bed, 5-bath, 5,658 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Westlake Associates, Inc.

Based on information submitted to the MLS GRID as of 01/28/2026 10:58 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.