7546 24th Avenue NW, Seattle, WA 98117
- $999,000
- 1,880
- SqFt
Listing Broker: COMPASS; Michael Green; 917-873-3497; iam@seattlegreenandco.com
- List Price
- $999,000
- Status
- ACTIVE
- MLS#
- 2580142
- Price Change
- ▼ $226,000 1790540830
- Days on Market
- 1
- Style
- 52 - Duplex
- Finished SqFt
- 1,880
- Area Total SqFt
- 1880
- Annual Tax Ammount
- 923.85
- Lot Size (sq ft)
- 4,115
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-10-01
Property Description
Just a few short blocks from Loyal Heights Park, this classic brick income property features two side-by-side residences in a prime North Ballard location. Each unit offers a comfortable, independent layout, its own garage, and a flexible lower level that lives like an additional bedroom—perfect for overnight guests, a home office, media room, or workout space. With six bedrooms and three baths across both residences, the property provides valuable separation and versatility for tenants, multigenerational living, or an owner-occupant looking to offset their mortgage with rental income. Zoned LR3, it also offers meaningful long-term flexibility and potential for future multifamily redevelopment, subject to buyer verification. Close to Larsen’s Bakery, Beast & Cleaver, The Fish Store, The Mailbox, and other Loyal Heights favorites. A compelling opportunity offering immediate rental utility with future upside.
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Additional Information
- List Date
- 2026-09-27 13:58:11
- Community
- Loyal Heights
- Net Operating Income
- $59,883
- Gross Adjusted Income
- $61,200
- Gross Scheduled Income
- $61,200
- Total Monthly Income
- $5,100
- Insurance Expenses
- $127
- Water/Sewer/Garbage Expenses
- $265
- Gross Rent Multiplier
- 20
- Total Expenses
- $1,316
- Cap Rate
- 4.52
- Total Number of Units
- 2
- Unit Name
- 7546
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1954
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,100
- Gross Scheduled Income
- $61,200
- Gross Adjusted Income
- $61,200
- Tax Year
- 2025
- Insurance Expense
- $127
- W/S/G Expenses
- $265
- Total Expenses
- $1,316
- Net Operating Income
- $59,883
- Gross Rent Multiplier
- 20
- Cap Rate
- 4.52
Based on information submitted to the MLS GRID as of . 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.