5638 3rd Ave NW

Seattle, WA 98107

$1,405,000
Last Sold Price
7
Beds
3
Baths
2,960 Sq. Ft.
$475 / Sq. Ft.
2,960
Sq. Ft.
$475
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 5/7/26
Sold 5/7/26
a view of house with garage
a balcony with stairs and a potted plant
a house view with a outdoor space
a view of a patio with a table and chairs and couches
a view of a chairs and table in backyard
a view of entryway with a front door
a living room with furniture and wooden floor
a living room with furniture and a fireplace
a living room with furniture and a large window
a living room with furniture and a wooden floor
a view of a dining room with furniture and chandelier
a kitchen with a sink a stove and cabinets
a kitchen with a sink and a cabinets
a dining hall with stainless steel appliances kitchen island granite countertop a table and chairs in it
a kitchen with stainless steel appliances granite countertop white cabinets sink and a window
a bedroom with bed and a couch
a bedroom with a bed and a lamp
a bathroom with a sink toilet and shower
a living room with furniture and a large window
a living room with furniture a large window and a fireplace
a living room with furniture and a flat screen tv
a view of a dining room with furniture window and wooden floor
a view of balcony with city view
a bedroom with a bed and a window
a bedroom with bed and a window
a bathroom with a double vanity sink a mirror and a bathtub
a kitchen with sink cabinets and utility
a view of a workspace with furniture and a window
a view of balcony with wooden floor and outdoor seating
a living room with furniture and a flat screen tv
a living room with furniture and wooden floor
a view of a dining room with furniture and wooden floor
a kitchen with a sink and cabinets
a kitchen with white cabinets and window
a bathroom with a sink a mirror and a toilet
a room with furniture a rug toys and a window
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a kitchen with a sink a stove and cabinets
a bedroom with a bed and a window
Listing provided courtesy of Compass, Lake & Company
Source: Northwest MLS

Description

Perched in the heart of Phinney Ridge, this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units, each with spacious layouts, abundant natural light with views of the Olympic Mountains, and period details that tenants love—hardwood floors, large picture windows, and solid construction throughout. Currently there is one vacant and staged unit for easy showings. The largest 3 bedroom unit will be available soon,...Perched in the heart of Phinney Ridge, this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units, each with spacious layouts, abundant natural light with views of the Olympic Mountains, and period details that tenants love—hardwood floors, large picture windows, and solid construction throughout. Currently there is one vacant and staged unit for easy showings. The largest 3 bedroom unit will be available soon, for trouble free market rate lease updates and/or renovations, and wonderful owner occupant potential. The building offers a desirable mix of privacy, walkability and easy parking with three street facing garages. Residents enjoy easy access to neighborhood favorites—local cafés, parks, boutique shops, and major transit routes. Downtown Seattle is just minutes away. The durable brick exterior and mid-century design provide lasting curb appeal and low-maintenance ownership. Whether you're an investor seeking steady rental income or an owner-occupant looking to offset your mortgage, this triplex delivers flexibility and long-term upside in one of Seattle’s most sought-after neighborhoods. Don’t miss this rare opportunity to own a piece of Phinney Ridge charm with built-in income potential. Full Inspection available after showing.

Property Details for 5638 3rd Avenue Northwest

Community Name
Phinney Ridge
School District
Seattle
View
Mountains, Territorial
Number of Assigned Spaces
3
Total Covered Parking
3
Offers Review Date
04-06-2026
Entry Date
03-31-2026
Energy Source
Electric
LISTING UPDATED: 05/07/2026 03:25 PM

Property Details for 5638 3rd Avenue Northwest

StatusSold
MLS #2498641
Days on Market6
Cumulative Days on Market6
Taxes$10,730 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.16 AC / 6,820 SF
CountyKing County
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Location

Listing Courtesy of Lake & Company

Sold By COMPASS

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Building Information for 5638 3rd Avenue Northwest

Stories3Residences3Year Built1958Building Size-Lot Size0.16 AC / 6,820 SF

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$7,895 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,001

Property Taxes

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HOA Dues

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Property Information for 5638 3rd Avenue Northwest

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Fenced-Partially, High Speed Internet, Rooftop Deck
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: GPS works great! Plenty of street parking available.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 3.0
  • Number of Carport Spaces: 0.0
  • 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: Ceramic Tile, Hardwood, Laminate, Carpet
  • Amenities: Coin Op Laundry,Storage
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Ductless
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Torch Down
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4124
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utility
  • Water Company: Seattle Public Utility
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: County Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1958
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Open Space, Paved, Sidewalk
  • Lot Size Dimensions: 48'x114'x78'x110'
  • Lot Number: 23&30
  • Lot Size Source: County Records
  • Parcel Number Free Text: 0455000650
  • Calculated Square Footage: 2960
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2960.0
  • 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: 10
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $453
  • Total Expenses: 19604
  • Gross Adjusted Income: 97945
  • Gross Rent Multiplier: 12.4
  • Gross Scheduled Income: $108,828
  • Insurance Expense: $3,497
  • Net Operating Income: $78,341
  • Other Expenses: $800
  • Total Monthly Income: 9069
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 5638
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 985
  • Rent Unit 1: $2,850.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 5640
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1175
  • Rent Unit 2: $3,480.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 5642
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 945
  • Rent Unit 3: $2,700.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2960.0

Property History for 5638 3rd Avenue Northwest

DateEvent & SourcePriceAppreciation
May 7, 2026

Sold

NWMLS #2498641

$1,405,000—
May 5, 2026

Sold (Public Record)

Public Record #1937997439

$1,405,000

+3.2% / yr

Apr 6, 2026

Pending

NWMLS #2498641

—
DateEvent & SourcePrice
05/07/2026

Sold

NWMLS #2498641

$1,405,000
05/05/2026

Sold (Public Record)

Public Record #1937997439

$1,405,000

+3.2% / yr

04/06/2026

Pending

NWMLS #2498641

—

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

Public Records for 5638 3rd Avenue Northwest

Taxable ValueLand$883,000Additions$368,000Total$1,251,000
Tax Record2025$13,299 ($1,108 / month)
Home Facts
Baths3Total Finished SqFt4,440 SqFtAbove Ground SqFt2,960 SqFtFinished Basement SqFt1,480 SqFtStories1Lot Size6,820 SqFtStyleTriplexYear Built1958ZoningNR3CountyKINGAPN045500-0650Fireplace TypeCustom

Schools near 5638 3rd Avenue Northwest

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
West Woodland Elementary School
Public - K to 5
Hamilton International Middle School
Public - 6 to 8
Ballard High School
Public - 9 to 12
Salmon Bay School
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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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 Lake & Company

Based on information submitted to the MLS GRID as of 05/07/2026 03:25 PM. 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.