Homes for sale - 2223 NW 59th Street, Seattle, WA 98107

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Cari Shumaker

cari@shumakerregroup.com +1(360) 731-1004

Listed by Kidder Mathews

$ 3,600,000

Est. payment | -/mo

3 Beds

2 Baths

9,236 SqFt

Save

$ 3,600,000

Est. payment | -/mo

Save

3 Beds

2 Baths

9,236 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,236 sqft

Price per Sqft $389

Subdivision Ballard

MLS Listing ID 2438077

Style 56 - 10+ Units

Bedrooms 3

Year Built 1964

Annual Tax Amount $31,291

Lot Size 10,000 Sqft

Lot Dimensions 10000

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Brick, Stucco

View Y/N Yes

View City

Roof Type Flat

Building

Lot Description Curbs, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

GET MORE INFORMATION

Cari Shumaker

Managing Broker | Lic# 22020507

cari@shumakerregroup.com

+1(360) 731-1004

22881 State Route 3 Belfair, WA, 98528

2223 NW 59th Street Seattle, WA 98107

Cari Shumaker

Key Details

Location

Interior

Exterior

Building

Schools

Others

2223 NW 59th Street