301 22nd Ave is a prominent multi-family address in the Ballard neighborhood of Seattle, known for walkable streets, transit access, and strong rental demand. This location attracts investors, professionals, and families looking for stability in a growing urban corridor.
Below you will find a detailed overview of 301 22nd Ave, including neighborhood context, investment metrics, property management considerations, and common questions from prospective tenants and buyers.
| Attribute | Value | Notes | Source/Date |
|---|---|---|---|
| Address | 301 22nd Ave, Seattle, WA | Corner property near market and transit | MLS/Public Records |
| Neighborhood | Ballard | Trendy area with restaurants, breweries, and parks | City Data |
| Property Type | Multi-family (duplex/triplex) | Mixed residential use, close to shops | County Assessor |
| Rent Range (2 bed) | $2,400–$2,900 | Based on recent comps in 2024 | Rental Platforms |
| Transit Access | RapidRide D, Metro Bus, Burke-Gilman Trail | Under 10 minutes to Ballard Avenue shopping | Transit Agency |
Neighborhood Dynamics Around 301 22nd Ave
Street Activity and Local Amenities
Located in Ballard, 301 22nd Ave sits amid a dense mix of cafes, boutiques, and neighborhood parks. Residents enjoy short walks to grocery stores, waterfront views, and frequent street festivals that highlight the area’s cultural diversity.
Transportation and Commute Patterns
The property benefits from strong transit links, including the RapidRide D line and multiple bus routes that connect to downtown and Capitol Hill. The Burke-Gilman Trail provides a safe route for cyclists and pedestrians, supporting car-free lifestyles for many households.
Investment Metrics and Market Position
Revenue Potential and Occupancy
For investors, 301 22nd Ave offers competitive net operating income driven by steady demand and relatively low vacancy. Proximity to employment centers and schools helps maintain high occupancy rates across both long-term and short-term rental channels.
Risk Factors and Property Considerations
Like many urban multifamily buildings, this property is exposed to interest rate fluctuations and local zoning changes. Property managers monitor insurance costs, maintenance backlogs, and tenant turnover to protect long-term returns and preserve asset value.
Property Management and Tenant Experience
On-Site Services and Communication
Professional management at 301 22nd Ave emphasizes responsive maintenance, clear lease enforcement, and proactive community rules enforcement. Tenants often highlight timely handling of repairs and transparent communication as key strengths of the resident experience.
Move-In Process and Lease Terms
Move-in procedures include credit checks, reference verification, and a detailed walkthrough to document existing conditions. Standard leases outline renewal options, pet policies, and parking arrangements, helping both landlords and tenants avoid misunderstandings.
Key Takeaways for Residents and Investors
- Prime Ballard location with strong walkability and transit access
- Stable rental demand driven by proximity to jobs and amenities
- Transparent lease terms and responsive property management
- Potential risks from rising insurance and regulatory changes
- Good long-term outlook for occupancy and value retention
FAQ
Reader questions
Is 301 22nd Ave suitable for first-time renters in Ballard?
Yes, the building is popular among first-time renters due to its location, transit access, and clear lease terms that help new residents settle into the neighborhood quickly.
What are typical utility arrangements for tenants at 301 22nd Ave?
Many units include water and trash in the base rent, while electricity, gas, and internet are often separately metered and paid directly by the tenant based on usage.
How does parking work at this address given the urban setting? On-site parking is limited and often reserved for assigned spaces or permit holders. Street parking is competitive, so many tenants rely on public transit, biking, or rideshare options. What is the process for submitting maintenance requests at 301 22nd Ave?
Tenants can submit maintenance requests through a property management portal, by phone, or via email, with most non-emergency repairs acknowledged within 24 hours and completed based on priority.