2232 NW 58th St

10
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

5.55% Cap Rate | The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is...5.55% Cap Rate | The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is to copper. Ownership has made ongoing interior improvements, with select units featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is FULLY renovated.
  1. Listed by Gabe Blake • Blake Investment Advisors
  2. Listed by Josh Blake • Blake Investment Advisors

Property Details for 2232 Northwest 58th Street

Community Name
Ballard
School District
Seattle
Number of Assigned Spaces
5
Total Covered Parking
0
Entry Date
06-25-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/11/2025 09:13 AM

Property Details for 2232 Northwest 58th Street

StatusActive
MLS #2397581
Days on Market186
Cumulative Days on Market177
Taxes$14,866 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of Blake Investment Advisors
Add your commute

Building Information for 2232 Northwest 58th Street

Stories3Residences5Year Built1979Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$9,634 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,395

Property Taxes

$1,239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2232 Northwest 58th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Directions: Turn right off market street onto 22nd Ave NW, then turn left onto NW 58th st
  • 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: 1.0
  • 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
  • Amenities: Coin Op Laundry
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 11570
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: See Remarks
  • Photos Count: 21
Lot Information
  • Lot Details: Adjacent to Public Land
  • Lot Size Source: King County
  • Parcel Number Free Text: 2767604175
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 3
  • Vacancy Rate: 2
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 48155
  • Gross Adjusted Income: 146498
  • Gross Rent Multiplier: 12.64
  • Gross Scheduled Income: $141,193
  • Insurance Expense: $7,105
  • Net Operating Income: $98,343
  • Other Expenses: $14,614
  • Total Monthly Income: 12443
  • Fuel Expense: $0
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: 925
  • Rent Unit 1: $2,209.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
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: 925
  • Rent Unit 2: $2,450.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
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: 925
  • Rent Unit 3: $2,159.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • 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: 925
  • Rent Unit 4: $2,850.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • 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: 925
  • Rent Unit 5: $2,098.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 1
  • Bathrooms Unit 5: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4625.0

Property History for 2232 Northwest 58th Street

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Price Change

NWMLS #2397581

$1,699,000—
Sep 29, 2025

Price Change

NWMLS #2397581

$1,785,000—
Jun 25, 2025

Listed (Active)

NWMLS #2397581

$1,899,000—
May 31, 2001

Sold (Public Record)

Public Record #73396165

$564,000—
DateEvent & SourcePrice
10/17/2025

Price Change

NWMLS #2397581

$1,699,000
09/29/2025

Price Change

NWMLS #2397581

$1,785,000
06/25/2025

Listed (Active)

NWMLS #2397581

$1,899,000
05/31/2001

Sold (Public Record)

Public Record #73396165

$564,000

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

Public Records for 2232 Northwest 58th Street

Taxable ValueLand$1,450,000Additions$97,000Total$1,547,000
Tax Record2024$14,867 ($1,239 / month)
Home Facts
Total Finished SqFt4,205 SqFtAbove Ground SqFt4,205 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1996ZoningMR RC (M)CountyKINGAPN276760-4175

Schools near 2232 Northwest 58th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

Similar Sold Homes

2232 Northwest 58th Street is a multi-family home for sale in Seattle, WA 98107. This property was listed for sale on June 25, 2025 by Blake Investment Advisors, it's currently listed at $1,699,000. It has been on the market for a total of 186 days and was last sold on May 31, 2001. This listing's school district is Seattle Public Schools. Nearby schools include Adams Elementary School, Whitman Middle School and Ballard High School. 2232 Northwest 58th Street is a 10-bed, 10-bath, multi-family home built in 1979.

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 Blake Investment Advisors

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 05:34 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.