Artemis Apartments

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Price: $3,000,000

Offers Date: Reviewed Upon Receipt

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Site Details

Address

1436 NW 60th Street

Neighborhood

Ballard

Total Units

Avg. Unit Size

466 SF

NRSF

5,588 SF

Buildings

Year Built

1961 (Renovated in 2018) & 2018

Land SF

5,000 SF

Residential Unit Mix

Studio

8 Units

1X1

2 Units

2X1

1 Unit

2x1.5

1 Unit

Opportunity

Turnkey 12-Unit Investment Property in the Heart of Ballard

The Artemis Apartments is a 12-unit turnkey multifamily property situated in Seattle’s highly sought-after Ballard neighborhood. The property includes a fully renovated 4-unit building and a newly constructed 8-unit building, both featuring premium upgrades such as new electrical and plumbing systems, in-unit washers/dryers, and high-end finishes. With strong rental upside potential and proximity to Ballard’s vibrant dining, entertainment, and cultural amenities, Artemis offers a stable, low-maintenance investment ideal for long-term growth.

Artemis is comprised of two thoughtfully designed buildings that cater to modern tenant expectations.

The first is an 4-unit building, fully renovated in 2018 to meet contemporary standards, while the second is a brand-new, 8-unit building completed the same year. Together, these properties offer a rare combination of turnkey functionality, low-maintenance systems, and upgraded interiors, making them an exceptional long-term investment opportunity.

FULL UNIT RENOVATIONS

Complete unit updates, including premium finishes and modernized interiors

ELECTRICAL UPGRADES

Installation of new electrical panels

LAUNDRY CONVENIENCE

In-unit washer and dryer

EXTERIOR ENHANCEMENTS

New windows and a full exterior repaint to improve curb appeal and durability

PLUMBING IMPROVEMENTS

Replacement of plumbing infrastructure

NEW ROOF

Location

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About the Area

Vibrant Modern Living in Ballard

Ballard, one of Seattle’s most desirable neighborhoods, blends historic charm with a modern, vibrant lifestyle. Originally a fishing community, it has transformed into a hotspot known for its thriving food scene, breweries, and year-round farmers market. Ballard’s waterfront parks, scenic views, and walkable streets provide ample outdoor recreation, while its rich cultural landmarks, including the Nordic Museum, celebrate its deep-rooted heritage. The neighborhood’s strong sense of community, coupled with its proximity to downtown Seattle, makes it an ideal location for long-term renters seeking both convenience and quality of life.