2223 NW 59th St

Seattle, WA 98107

$3,600,000
Price
3
Beds
2
Baths
9,236 Sq. Ft.
$390 / Sq. Ft.
9,236
Sq. Ft.
$390
per Sq. Ft.
a view of a white house with large windows and a table and chairs
a brick building with a sign on it
a front view of a house with parking space
a front view of a house with parking
a car parked in front of a building
a view of a car park in front of house
a view of a house with backyard
a view of an entrance with stairs
front view of a house with a small yard
a view of a balcony
a view of outdoor space
a view of kitchen with stainless steel appliances wooden floor and a refrigerator
a large kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a view of kitchen with sink and wooden floor
a kitchen with a sink a stove cabinets and wooden floor
a view of a kitchen with wooden floor and a sink
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
an empty room with wooden floor and windows
an empty room with a workbench
a view of empty room
a view of a hallway with wooden floor and closet
a bathroom with a sink a toilet and a bathtub
a bathroom with a sink a toilet and a bathtub
a kitchen with wooden floors and wooden cabinets
a view of backyard with outdoor seating and stairs
a backyard of a house with seating space
a utility room with dryer and washer
a view of a hallway
a view of a white building among the street with palm trees
a view of a house with a yard and sitting space
a view of a terrace with a city view
an aerial view of residential houses with outdoor space
an aerial view of a city with lots of residential buildings
an aerial view of a city with lots of residential buildings
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Listing provided courtesy of Kidder Mathews

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...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.

Property Details for 2223 Northwest 59th Street

Community Name
Ballard
School District
Seattle
View
City
Number of Assigned Spaces
16
Total Covered Parking
0
Entry Date
09-25-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/25/2025 12:00 PM

Property Details for 2223 Northwest 59th Street

StatusActive
MLS #2438077
Days on Market79
Cumulative Days on Market79
Taxes$31,291 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.23 AC / 10,000 SF
CountyKing County

Location

Listing Courtesy of Kidder Mathews
Add your commute

Building Information for 2223 Northwest 59th Street

Stories2Residences2Year Built1964Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$20,396 per month

30 year fixed, 6.28% Interest

Principal and Interest

$17,789

Property Taxes

$2,608

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2223 Northwest 59th Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: 2223-2225 NW 59th St Seattle, WA
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 6.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • 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
  • Bedrooms Possible: 18
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate
  • Amenities: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Brick, Stucco
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 6836
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: KCPV
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1964
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk, Value In Land
  • Lot Size Dimensions: 10000
  • Lot Size Source: KCPV
  • Parcel Number Free Text: 2767604120
  • Building Condition: Good
  • Calculated Square Footage: 9236
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9236.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 14
Financing / Income and Expenses
  • Electric Expense: $6,836
  • Total Expenses: 105625
  • Gross Adjusted Income: 180128
  • Gross Rent Multiplier: 12.8
  • Gross Scheduled Income: $299,817
  • Insurance Expense: $10,071
  • Net Operating Income: $180,128
  • Other Expenses: $43,755
  • Total Monthly Income: 23815
  • Fuel Expense: $6,836
Unit 1
  • Name Unit 1: 10 - 1x1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 588
  • Rent Unit 1: $1,610.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 4 - 2x1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 882
  • Rent Unit 2: $1,825.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9408.0

Property History for 2223 Northwest 59th Street

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

NWMLS #2438077

$3,600,000—
DateEvent & SourcePrice
09/25/2025

Listed (Active)

NWMLS #2438077

$3,600,000

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

Public Records for 2223 Northwest 59th Street

Taxable ValueLand$1,225,000Additions$357,000Total$1,582,000
Tax Record2024$17,351 ($1,446 / month)
Home Facts
Total Finished SqFt4,620 SqFtAbove Ground SqFt4,620 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated1990ZoningLR3 (M)CountyKINGAPN276760-4120

Schools near 2223 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 2223 Northwest 59th Street, Seattle, WA 98107

2223 Northwest 59th Street is a multi-family home for sale in Seattle, WA 98107. This property was listed for sale on September 25, 2025 by Kidder Mathews, it's currently listed at $3,600,000. This listing's school district is Seattle Public Schools. Nearby schools include Adams Elementary School, Whitman Middle School and Ballard High School. 2223 Northwest 59th Street is a 3-bed, 2-bath, 9,236 sqft multi-family home built in 1964.

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 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 Kidder Mathews

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/13/2025 01:56 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.