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$3,200,000 Just Listed
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.
Full Property Details
Full Property Details for 2223 NW 59th St
General
- Price: $3,200,000
- Taxes: $33,533 (2026)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2592865
- Updated: 10/9/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Laminate
Parking
- Carport Spaces: 6
- Covered Spaces: 6
- Uncovered Spaces: 10
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Ballard
- Driving Directions: 2223 -2225 NW 59TH S T, SEAT TLE, WA 98107
School Information
- High School District: Seattle
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Stucco
- Foundation: Slab
- Roof: Flat
- Stories in Building: 3
- Square Feet: 9,408
- Year Built: 1964
- Property Condition: Good
Unit Information
- Units in Building: 14
Lot Features
- Property View: City
- Lot Size (Acres): 0.2296
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: KCPV
- Lot Dimensions: 10000
- Lot Features: Curbs, Sidewalk, Value In Land
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $33,533
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 2767604120
Listed by Max Frame | Kidder Mathews | (360) 705-2800
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Schools
Schools serving 2223 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 |
Salmon Bay School 1810 Northwest 65th Street, Seattle, WA 98117 | K-8 | 0.4 mi |
Licton Springs K-8 3015 Northwest 68th Street, Seattle, WA 98117 | PK-8 | 0.6 mi |
Whitman Middle School 9201 15th Avenue Northwest, Seattle, WA 98117 | 6-8 | 1.8 mi |
Ballard High School 1418 Northwest 65th Street, Seattle, WA 98117 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2223 NW 59th St
Date
Details
Price
Change
Source
10/09/2026
Listed
$3,200,000
147.64%
MLS
7/23/2004
Sold
$1,292,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2223 NW 59th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$17,888
14%
$1,686,000
7%
2024
$15,645
-10%
$1,582,000
-16%
2024
$17,351
6%
$1,890,000
—
2022
$16,305
-11%
$1,890,000
—
2021
$18,333
—
$1,887,000
—
2021
$18,333
2%
$1,878,000
1%
2020
$17,957
21%
$1,860,000
9%
2019
$14,807
-3%
$1,699,000
11%
2018
$15,307
19%
$1,529,000
15%
2017
$12,899
18%
$1,327,000
20%
2016
$10,943
13%
$1,103,000
11%
2015
$9,685
4%
$997,000
15%
2014
$9,328
—
$868,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2223 NW 59th St
2223 NW 59th Street, Seattle, WA 98107 (MLS# 2592865) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 2223 NW 59th Street is currently listed for $3,200,000 and was received on October 09, 2026. Want to learn more about 2223 NW 59th Street? Do you have questions about finding other Multi-Family real estate for sale in Broadway? You can browse all Broadway real estate or contact a Coldwell Banker agent to request more information.
