2223 NW 59th Street Seattle, WA $ 3,200,000
2223 NW 59th Street
$ 3,200,000
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2223 NW 59th Street

Seattle, WA, 98107
$ 3,200,000
Bedrooms3 Baths2.0 Sq 9,408

Monthly Estimate*

$ 22,102

Listed by Kidder Mathews
2223 NW 59th Street, Seattle, WA 98107 - Image 1
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2223 NW 59th Street, Seattle, WA 98107 - Image 8
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2223 NW 59th Street, Seattle, WA 98107 - Image 17
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Multi-Family Home for sale in Seattle, WA

for $3,200,000 with 3 bedrooms and 2 full baths. This 9,408 square foot home was built in 1964 on a lot size of 0.2296.

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; contact listing brokers for details.

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Multi-Family Active

Price

$ 3,200,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 33,533

Style

10+ Units

Lot Size

0.2296

Year Built

1964

Town/City

Seattle

County/Region

King

MLS | Web ID

2592865

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1964
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Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 188981
Insurance Expense 10298
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ballard
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions 2223 -2225 NW 59TH S T SEAT TLE WA 98107
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Spaces 6
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 33533
Electric Expense 7113
Fuel Expense 7113
Property Condition Good
Public Remarks 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-bedro
Leasable Area 9408
Virtual Tour https://simonandersonteam.com/listings/twin-courts/
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company SPU
Units Below Grade true
Units In Building Total 14
Water Sewer Garbage 7113
Property Style 56 - 10+ Units
Cap Rate 5.9
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Exterior
Exterior Amenities Stucco
Lot Features Curbs Sidewalk Value In Land
Total Parking 16
Foundation Details Slab
Building Area Total 9408
Lot Dimensions 10000
Lot Size Acres 0.2296
Waterfront Y/N N
Covered Spaces 6
Irrigation Water Rights Y/N N
Parking Uncovered Total 10
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 18
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2592865
Street Number 1 2223
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* Excluded Features
List By
Max Frame

Listing Agent

Kidder Mathews

Broker

max.frame@kidder.com

Email

Affordability Calculator

$24,896
Per Month
89%
11%
0%
Monthly Principal & Interest
$22,102
Monthly Property Taxes
$2,794
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$3,200,000 Listed Price

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2223 NW 59th Street, Seattle, WA, 98107 is a Multi-Family Home for sale at $3,200,000 with 9,408 sqft and a lot size of 0.2296. 2223 NW 59th Street has 3 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 98107 which is in Seattle, WA