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Listed by: Michael Urquhart (206) 812-9123 , Brian D. Platt (206) 812-9130 | Paragon Real Estate Advisors (206) 623-8880
$1,725,000
Monthly Est:$8,586
10 Beds
10 Baths
4,950sqft
5816 14th Avenue NW, Seattle, WA 98107
$1,725,000
$8,586/moEst:
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Multi Family
Built in 1978
$-- HOA
5,100 sqft lot
$348/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 4:38 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2531058
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1978
HOA Fees
-
Finished Area
4,950 sqft
Lot Size
5,100 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2531058
MLS Status
Active
Days on Market
125
Cumulative Days on Market
125
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 10
Interior
Flooring
Laminate, Carpet
Exterior Features
Wood Products
Sewer
Sewer Connected
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1978
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Ballard
Price History
| Date | Event | Price |
|---|---|---|
06/01/2026 Source: | Listed for Sale | $1,725,000 -3.90% $348/sqft |
06/01/2026 Source: | Price Increased | $1,795,000 +4.06% $363/sqft |
06/01/2026 Source: | Price Increased | $1,725,000 +7.81% $348/sqft |
03/18/2021 Source: | Sold | $1,600,000 $323/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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