2223 NW 59th Street, Seattle, WA 98107

Seattle
Local realty services provided by:Tucker Realty ERA Powered
Listed by: max frame
Office: kidder mathews
MLS#:2592865
Source:NWMLS
2223 NW 59th Street,Seattle, WA 98107
$3,200,000
Virtual Tour
  • - Beds
  • - Baths
  • 9,408 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$340.14

About this home

Twin Courts Apartments presents an exceptional investment opportunity in Seattle's highly desirable Ballard neighborhood. The property consists of 14 units across two buildings, featuring 10 one-bedroom and 4 two-bedroom apartments totaling approximately 9,408 rentable square feet. The property offers strong in-place cash flow with a 5.9% cap rate and attractive seller financing options. Recent capital improvements include updated electrical panels, newer TPO roofs, and renovations to 5 of the 14 units, providing additional upside through continued interior improvements and rental growth. Situated on two separate parcels totaling approximately 10,000 square feet, the property features covered and surface parking, on-site laundry, and convenient access to Downtown Ballard's restaurants, shopping, breweries, and entertainment. Twin Courts offers investors a compelling combination of stable income, value-add potential, and a prime Ballard location. Seller financing available.

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Home facts

  • Year built:1964
  • Subdivision & Development:Ballard
  • Listing ID #:2592865
  • Updated:October 28, 2026 at 12:01 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:9,408 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1964
  • Building area:9,408 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Curbed Lot, Sidewalk, Value In Land
  • Construction Materials:Stucco Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$340.14
  • Tax amount:$33,533 (2026)

Parking

  • Total parking spaces:16
  • Carport spaces:6
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