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Ardivus Brivity

Sooper Dooper Guy | Template Draper

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5816 14th Ave NW , Seattle, WA 98107
$1,795,000
Est. Payment: $8,794.12/mo
10 Bed
10 Bath
4950 Sqft
Status: active | Days on site: 3
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Ardivus Brivity
Sooper Dooper Guy

House 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 6.4% 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.

Highlights

Listed by Michael Urquhart , 206-623-8880 and Brian D. Platt , 206-623-8880 Paragon Real Estate Advisors , 206-623-8880. Northwest Multiple Listing Service

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1978

County

King

Area

705 - Ballard/Greenlake

Neighborhood

Ballard

School District

Seattle

Listing ID

2531058

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:10
  • Full Bathrooms:
Floor:Laminate,Carpet
Other:Public

Exterior Features

Lot:Zoning: Multi-Family
Garage Capacity:5
Zoning:Multi-Family
Roof:Composition
Others:Wood Products
Sewer:Sewer Connected
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$8,794
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$1,481

Home Price

$1,795,000

Home Price

Loan Details

30 yrs
6.199%

Interest Rate

Loan Type

Down Payment

20%
$359,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,794.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,794.12 $1,480.67 $0.00 $10,274.79
Yearly $105,529.47 $17,768.00 $0.00 $123,297.47
Total $3,165,884.18 $533,040.00 $0.00 $3,698,924.18
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Seattle, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-06-22T14:57:15.000Z

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