2040 NW 59th St

Seattle, WA 98107

$2,195,000
Price
9
Beds
7.5
Baths
4,928 Sq. Ft.
$445 / Sq. Ft.
4,928
Sq. Ft.
$445
per Sq. Ft.
Listing provided courtesy of Inspire Realty

Description

Ballard Park 6 is a well-maintained multifamily community in the heart of Ballard. The property features an attractive mix of large 1- and 2-bedroom floor plans, catering to professionals and long-term renters seeking larger layouts in a central, amenity-rich location. The well-appointed interiors position the asset competitively within the submarket while avoiding premium pricing associated with new construction. Ballard ranks among Seattle’s most desirable neighborhoods due to its strong employment...Ballard Park 6 is a well-maintained multifamily community in the heart of Ballard. The property features an attractive mix of large 1- and 2-bedroom floor plans, catering to professionals and long-term renters seeking larger layouts in a central, amenity-rich location. The well-appointed interiors position the asset competitively within the submarket while avoiding premium pricing associated with new construction. Ballard ranks among Seattle’s most desirable neighborhoods due to its strong employment access, vibrant retail and dining scene, and proximity to Downtown Seattle. The property’s LR2(M) zoning provides future redevelopment or expansion optionality, offering investors long-term flexibility in a premier submarket.
  1. Listed by James Upchurch • Inspire Realty

Property Details for 2040 Northwest 59th Street

Community Name
Ballard
School District
Seattle
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
01-06-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/26/2026 04:13 PM

Property Details for 2040 Northwest 59th Street

StatusActive
MLS #2464683
Days on Market22
Cumulative Days on Market22
Taxes$15,434 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of Inspire Realty
Add your commute

Building Information for 2040 Northwest 59th Street

Stories3Residences6Year Built1969Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$11,984 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,698

Property Taxes

$1,286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2040 Northwest 59th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, High Speed Internet, Patio
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • Directions: W on NW Market St. Right on 20th Ave. NW. Left on NW 59th St. Property on your right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2000
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 6
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Tax Records
  • Parcel Number Free Text: 2767603725
  • Calculated Square Footage: 4928
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4928.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: true
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $3,302
  • Total Expenses: 41767
  • Gross Adjusted Income: 146352
  • Gross Rent Multiplier: 14.9
  • Gross Scheduled Income: $154,055
  • Insurance Expense: $3,631
  • Net Operating Income: $104,585
  • Other Expenses: $15,300
  • Total Monthly Income: 12838
  • Fuel Expense: $2,100
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 821
  • Rent Unit 1: $1,649.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 821
  • Rent Unit 2: $1,945.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 821
  • Rent Unit 3: $2,200.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 821
  • Rent Unit 4: $2,600.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 821
  • Rent Unit 5: $2,350.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 821
  • Rent Unit 6: $1,995.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4928.0

Property History for 2040 Northwest 59th Street

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Price Change

NWMLS #2464683

$2,195,000—
Jan 6, 2026

Listed (Active)

NWMLS #2464683

$2,295,000—
Jul 11, 2022

Sold (Public Record)

Public Record #1493855544

$1,860,000

+7.2% / yr

Dec 31, 2009

Sold

NWMLS #29110510

$780,000—
Dec 28, 2009

Sold (Public Record)

Public Record #281071606

$780,000

+4.6% / yr

Dec 22, 2009

Pending

NWMLS #29110510

—
Aug 2, 2009

Listed (Active)

NWMLS #29110510

$919,000—
Apr 30, 2003

Sold (Public Record)

Public Record #111889770

$579,150—
DateEvent & SourcePrice
01/26/2026

Price Change

NWMLS #2464683

$2,195,000
01/06/2026

Listed (Active)

NWMLS #2464683

$2,295,000
07/11/2022

Sold (Public Record)

Public Record #1493855544

$1,860,000

+7.2% / yr

12/31/2009

Sold

NWMLS #29110510

$780,000
12/28/2009

Sold (Public Record)

Public Record #281071606

$780,000

+4.6% / yr

12/22/2009

Pending

NWMLS #29110510

—
08/02/2009

Listed (Active)

NWMLS #29110510

$919,000
04/30/2003

Sold (Public Record)

Public Record #111889770

$579,150

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2040 Northwest 59th Street

Taxable ValueLand$1,125,000Additions$434,000Total$1,559,000
Tax Record2024$17,098 ($1,425 / month)
Home Facts
Total Finished SqFt4,926 SqFtAbove Ground SqFt4,926 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1992ZoningLR2 (M)CountyKINGAPN276760-3725

Schools near 2040 Northwest 59th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Adams Elementary School
Public - K to 5
Whitman Middle School
Public - 6 to 8
Ballard High School
Public - 9 to 12
Salmon Bay School
Public - K to 8
Rating
School
Distance
Adams Elementary School
PublicK to 5

Whitman Middle School
Public6 to 8

Ballard High School
Public9 to 12

Salmon Bay School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2040 Northwest 59th Street, Seattle, WA 98107

2040 Northwest 59th Street is a multi-family home for sale in Seattle, WA 98107. This property was listed for sale on January 6, 2026 by Inspire Realty, it's currently listed at $2,195,000. It has been on the market for a total of 22 days and was last sold on July 11, 2022. This listing's school district is Seattle Public Schools. Nearby schools include Adams Elementary School, Whitman Middle School and Ballard High School. 2040 Northwest 59th Street is a 9-bed, 7.5-bath, 4,928 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Inspire Realty

Based on information submitted to the MLS GRID as of 01/26/2026 04:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.