About 2223 Nw 59th Street
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.
Features of 2223 Nw 59th Street
| MLS® # | 2438077 |
|---|---|
| Price | $3,600,000 |
| Price Per SqFt | $390 |
| Bathrooms | 0.00 |
| Square Footage | 9,236 |
| Acres | 0.23 |
| Year Built | 1964 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 2223 Nw 59th Street |
|---|---|
| Area | 705 - Ballard/Greenlake |
| Subdivision | Ballard |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98107 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Brick, Stucco |
|---|---|
| Lot Description | Curbs, Paved, Sidewalk, Value In Land |
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 26 |
|---|---|
| Cumulative Days on Market | 26 |
| Days on Website | 26 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kidder Mathews |
|---|