$1,295,000
Est. $7,018/mo5,585 sq ft
6045 3rd Avenue NW, Seattle, WA 98107
• Listed Nov 5, 2026•4 days active · 4 cumulative
Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; 206-812-9123; michael@paragonrea.com
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Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; 206-812-9123; michael@paragonrea.com
About this home
Great opportunity to buy a triplex with the upside of two additional units located at 6045 3rd Ave NW in Seattle’s Phinney Ridge neighborhood. Gigantic one-bedroom units + bonus rooms (one of them are 2,128 sq. ft.) present various options for a buyer to convert to two-bedroom units and/or owner-occupy. The property pairs large, owner user friendly floor plans and in unit washers and dryers with territorial views of Ballard and the Olympic Mountains. The rents have meaningful room to grow after years of self-management. The seller is open to seller financing. Built in 1979 on a 7,000 square foot NR3 lot, the 5 unit building (triplex plus 2 non-conforming units) offers approximately 5,585 net rentable square feet across 2 - 1BD/1BTH units, 1 - 2BD/1BTH unit, 1 - 1BD/2BTH unit with a bonus room, and 1 - 1BD/1.5BTH townhouse with a bonus room. Four of the five units are 875 square feet or larger. Every unit has an in unit washer and dryer, and four of the five have fireplaces. The property has been well maintained, with copper plumbing, updated Square D electrical panels, double pane windows, new exterior paint in 2024, a new roof coating in August 2025, and decks and railings replaced in 2014. One of the 875 square foot one bedroom units will be delivered vacant, giving an owner user a home to move into or an investor the ability to lease it at market rent right away. Utilities are not currently billed back and parking is included in rent.
Listed by Michael Urquhart • Paragon Real Estate Advisors
Listing updated: November 5, 2026 at 08:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2600980
Around this home
How much should you offer?
6045 3rd Avenue NW, Seattle, WA 98107
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Tri-plex
Flooring
- Laminate
- Carpet
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDigger- West Woodland Elementary SchoolPublic · Grades K-5 · 0.2 mi · State rank 8 of 1,13810/10
- Hamilton International Middle SchoolPublic · Grades 6-8 · 1.6 mi · State rank 12 of 51410/10
- Ballard High SchoolPublic · Grades 9-12 · 0.7 mi · State rank 43 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 5
- Units in building
- 5
- Units below grade
- false
- Building square feet
- 5,585 sq ft
Income & expenses
- Gross scheduled income
- $106,440
- Total monthly income
- $8,870
- Additional monthly income
- $150
- Gross adjusted income
- $103,247
- Net operating income
- $64,213
- Cap rate
- 5%
- Gross rent multiplier
- 12.17
- Vacancy rate
- 3%
- Total expenses
- $39,034
- Insurance
- $5,606
- Other expenses
- $7,539
- Water / sewer / garbage paid by
- 7894
Parking & storage
- Parking spaces
- 5
- Uncovered parking
- 4
- Covered spaces
- 1
Taxes & assessment
- Annual taxes
- $17,995
- Tax year
- 2026
- Financing
- Cash, Conventional, See Remarks
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 6045 3rd Avenue NW
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Nov 5, 2026ListedNWMLS via MLS Grid · #2600980$1,295,000$232/sq ft
Mortgage payment forecast
$8,842 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; 206-812-9123; michael@paragonrea.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 10:58 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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