Rockhood
$3,200,000List price
Active

2223 NW 59th Street · Seattle, WA 98107

Source: NWMLS · Kidder Mathews · Max Frame #NWM2592865

About this home

Twin Courts Apartments presents an exceptional investment opportunity in Seattle's highly desirable Ballard neighborhood. The property consists of 14 units across two buildings, featuring 10 one-bedroom and 4 two-bedroom apartments totaling approximately 9,408 rentable square feet. The property offers strong in-place cash flow with a 5.9% cap rate and attractive seller financing options. Recent capital improvements include updated electrical panels, newer TPO roofs, and renovations to 5 of the 14 units, providing additional upside through continued interior improvements and rental growth. Situated on two separate parcels totaling approximately 10,000 square feet, the property features covered and surface parking, on-site laundry, and convenient access to Downtown Ballard's restaurants, shopping, breweries, and entertainment. Twin Courts offers investors a compelling combination of stable income, value-add potential, and a prime Ballard location. Seller financing available; contact listing brokers for details.

Location

Basics

Property type
Multi Family
Style
10+ Units
Stories
3 stories
Condition
Good
Year built
1964
Building area
9,408 sq ft
Lot size
10,000 sq ft (0.23 acres)
County
King
MLS #
NWM2592865

Interior

Heating
Baseboard
Cooling
None
Flooring
Laminate

Exterior & lot

Exterior features
Stucco
Roof
Flat
Foundation
Slab
Lot features
Curbs, Sidewalk, Value In Land
View
City
Waterfront
No

Parking

Parking spaces
16
Covered spaces
6

Utilities

Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Ballard
Property tax
$33,533 (2026)

Transaction

Listed on
Oct 9, 2026
Days active
18
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Schools

School district: Seattle

High
Ballard High School
SchoolDigger 4 stars · Top 10% in WA

Curious about this home?

Just talk to Bowerbird,
your AI agent with real opinions.

Download App

Listing provided courtesy of: Kidder Mathews

Listing agent: Max Frame.

Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-10-09.