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Listed by: Max Frame (360) 705-2800 | Kidder Mathews (360) 705-2800
$3,200,000
Monthly Est:$15,928
18 Beds
2 Baths
9,408sqft
2223 NW 59th Street, Seattle, WA 98107
$3,200,000
$15,928/moEst:
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Multi Family
Built in 1964
$-- HOA
10,000 sqft lot
$340/sq.ft
Description
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 9, 2026 at 3:43 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2592865
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1964
HOA Fees
-
Finished Area
9,408 sqft
Lot Size
10,000 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2592865
MLS Status
Active
Days on Market
11
Cumulative Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 18
Bathrooms: 2
Interior
Sewer
Sewer Connected
Flooring
Laminate
Exterior Features
Stucco
Heating
Baseboard
Cooling
None
Construction
Year Built
Year Built: 1964
Home type
Multi Family
Construction Materials
Stucco
Foundation Details
Slab
Roof
Flat
Property Condition
Good
Other Features
Lot Features
Curbs, Sidewalk, Value In Land
Subdivision Name
Ballard
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Listed for Sale | $3,200,000 -8.44% $340/sqft |
08/01/2026 Source: | Listing Removed | $3,495,000 $371/sqft |
04/08/2026 Source: | Listed for Sale | $3,495,000 $371/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 02:32PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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