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$1,985,000
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Property Description
Updated Rents & Cap Rate!! Turnkey 6-Unit Investment in Prime Ballard Location! This well-maintained multifamily property offers strong rental upside and the potential to add an additional unit for even more value. This low-maintenance gem is perfect for investors seeking long-term growth. New water heaters, fresh exterior paint & lighting; all units have new flooring, paint & updates throughout. Large floor plans w/room to add additional 3rd bedroom. Shared laundry, storage lockers, 4 carport parking + 6 dedicated reserved spots, fenced & private patio. 98% Walking score! Don't miss this rare opportunity to own in one of Seattle's most sought-after neighborhoods! Offering Memorandum available.
Full Property Details
Full Property Details for 2216 NW 59th St
General
- Sold For: $1,985,000
- Taxes: $15,692 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2343981
- Added to Site: 310 day(s) ago
Interior
- Flooring: Laminate, Vinyl Plank, Carpet
Additional Information
- Amenities: Fenced-Partially, Patio
- Security/Safety: Partially Fenced
Parking
- Carport Spaces: 4
- Uncovered Spaces: 6
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Ballard
- Building Name: Gilman Park
- Driving Directions: North Market Street to NW 59th St
School Information
- High School District: Seattle
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Stucco, Wood
- Foundation: Poured Concrete
- Roof: Torch Down
- Stories in Building: 2
- Square Feet: 5,380
- Year Built: 1969
Unit Information
- Units in Building: 6
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Matrix
- Lot Dimensions: 100 x 50
- Lot Features: Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $15,692.19
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 2767603820
- Block: 34
- Lot Number: 16
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Schools
Schools serving 2216 NW 59th St
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Adams Elementary School, Seattle, WA 6110 28th Avenue Northwest, Seattle, WA 98107 | K-5 | 0.3 mi |
Whitman Middle School 9201 15th Avenue Northwest, Seattle, WA 98117 | 6-8 | 1.7 mi |
Ballard High School 1418 Northwest 65th Street, Seattle, WA 98117 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2216 NW 59th St
Date
Details
Price
Change
Source
10/06/2025
Sold
$1,985,000
-5.48%
MLS
3/13/2025
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2216 NW 59th Street, Seattle, WA 98107 (MLS# 2343981) is a Multi-Family property that was sold at $1,985,000 on October 06, 2025. This property was sold by Mario Sanelli from our Issaquah Office.Want to learn more about 2216 NW 59th Street? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.


