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2223 NW 59th Street, Seattle, WA, 98107

3beds
2baths
9,408sqft
$3,495,000
$371price/sqft
$20,991/moest. monthly cost
$839,640/yrincome needed

About This Home

Twin Courts presents a rare multifamily investment in the heart of Ballard, offering two contiguous parcels that create unique long-term exit strategies. The property has undergone substantial capital improvements, including updated electrical panels throughout and one roof being replaced in 2020 and the other in 2016. With 5 of 14 units already renovated, investors can continue the proven value-add program to unlock up to 28% rental growth potential. Efficient, well-designed floorplans drive strong tenant demand, while its highly walkable location ensures long-term desirability. With strong in-place rents, upside through remaining renovations, and flexible ownership options, Twin Courts stands out as a compelling Ballard opportunity.

Getting Around

97
WalkingWalker's Paradise
51
TransitGood Transit
94
BikeBiker's Paradise

Schools

9/10
Adams Elementary SchoolGrades K-50.3 mi
8/10
Salmon Bay SchoolGrades K-80.4 mi
10/10
Ballard High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1964

Materials

  • Foundation: Poured Concrete
  • Roof: Flat
  • Construction materials: Stone,Stucco

Notable Dates

  • Major remodel year: 1964

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 9,408
  • Total interior livable area: 9,408 sqft

Property

Details

  • Parcel number: 2767604120
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: City

Lot

  • Lot size: 10,001 sqft
  • Features: Curbs,Paved,Sidewalk
  • Lot size dimensions: 10000

Parking

  • Total spaces: 12
  • Covered spaces: 6
  • Uncovered spaces: 6
  • Carport spaces: 6