2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
2223 NW 59th ST, Seattle, WA 98107
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Michele Hunt

Michele Hunt

+1(206) 334-7449
Listed by:Kidder Mathews • Max Frame
$ 3,200,000
Est. payment | /mo

3 Beds

2 Baths

9,408 SqFt

Save Virtual Tour
$ 3,200,000
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

9,408 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,408 sqft

Price per Sqft $340

Subdivision Ballard

MLS Listing ID 2592865

Style 56 - 10+ Units

Bedrooms 3

Year Built 1964

Annual Tax Amount $33,533

Lot Size 10,000 Sqft

Lot Dimensions 10000

Property Sub-Type Multi Family

Property 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.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Stucco

View Y/N Yes

View City

Roof Type Flat

Building

Lot Description Curbs, Sidewalk, Value In Land

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://simonandersonteam.com/listings/twin-courts/

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Michele Hunt

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 334-7449

michelehuntre@gmail.com

1400 112th AVE SE,, Bellevue, WA 98004

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from or on behalf of Premiere Realty, Inc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

2223 NW 59th ST