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.
Active
Listed by: Kidder Mathews • Max Frame
$3,200,000
2223 NW 59th Street, Seattle, WA 98107
3beds
2baths
9,408sqft
Multi Family
Built in 1964
-- sqft lot
$3,040,900 Zestimate®
$340/sqft
$-- HOA
What's special
Covered and surface parkingOn-site laundryUpdated electrical panelsNewer tpo roofs
- --
- on Zillow
- 72
- views
- 3
- saves
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Max Frame,
Kidder Mathews
Source: NWMLS as distributed by MLS GRID,MLS#: 2592865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 9,408
- Total interior livable area: 9,408 sqft
Video & virtual tour
Property
Parking
- Total spaces: 16
- Carport spaces: 6
- Uncovered spaces: 10
Features
- Has view: Yes
- View description: City
Lot
- Size: 10,001 Square Feet
- Dimensions: 10000
- Features: Curbs, Sidewalk, Value In Land
Details
- Parcel number: 2767604120
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Flat
Condition
- Good
- Year built: 1964
- Major remodel year: 1964
Utilities & green energy
- Electric: Company: City Light
- Sewer: Sewer Connected, Company: SPU
- Water: Company: SPU
Community & HOA
Community
- Subdivision: Ballard
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $340/sqft
- Annual tax amount: $33,533
- Date on market: 10/9/2026
- Listing terms: Conventional
Estimated market value
$3,040,900
$2.89M - $3.19M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Listed for sale | $3,200,000$340/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







