Address
2209 Nw 59th Street, Seattle, WA
Price
$ 1,800,000
Property Attributes
- ID#2554587
- TypeMulti-Family
- CountyKING
- CitySeattle
- AreaBallard-Greenlake
- NeighborhoodBallard
- Zip98107
- Style5-9 Units
- Year Built1966
- Taxes$ 14800
- Price$ 1,800,000
- Bedrooms9
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage4286
- Lot Size0.1148 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.
| Price History | |
|---|---|
| 7/14/2026 | Listed $1,800,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Possession | Closing |
| Roof | Flat |
| Garage Spaces | 2 |
| Year Built | 1966 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Building Name | Gilman Park Add Blks 01 Thru 47 |
| County | King |
| Net Operating Income | 86097 |
| Insurance Expense | 7318 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Ballard |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS |
| City | Seattle |
| Senior Community Y/N | No |
| High School District | Seattle |
| Zoning Description | Multi-Family |
| Number Of Units Total | 6 |
| MLS Area | 705 - Ballard/Greenlake |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5000 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 14800 |
| Public Remarks | Well-maintained six-unit multifamily property located in the heart of Ballard,one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year,while the re |
| Leasable Area | 4286 |
| Structure Type | Multi Family |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Amenities | Coin Op Laundry,Storage |
| Water Company | Seattle Public Utilities |
| Units Below Grade | false |
| Units In Building Total | 6 |
| Water Sewer Garbage | 10363 |
| Property Style | 55 - 5-9 Units |
| Cap Rate | 4.78 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Laminate,Vinyl Plank,Carpet |
|---|---|
| Total Stories | 3 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Stucco,Wood Products |
|---|---|
| Total Parking | 6 |
| Foundation Details | Poured Concrete |
| Building Area Total | 4286 |
| Lot Size Acres | 0.1148 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Total | 4 |
| Lot Number | 11 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98107
Price
Taxes
Year Built
Visits
In The Neighborhood
Seattle
$ 2,595,000
- Type
- Multi-Family | Active
- Rooms
- 14 Beds + 11 Baths
Listed by: Lee & Associates Commercial RE
Waterfront
Seattle
$ 1,200,000
- Type
- Multi-Family | Active
- Size
- 2,070 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Redfin
Views
Seattle
$ 2,250,000
- Type
- Multi-Family | Active
- Rooms
- 12 Beds + 6 Baths
Listed by: Lee & Associates Commercial RE
Reduced
Seattle
$ 1,540,000
- Type
- Multi-Family | Active
- Size
- 3,320 SqFt
- Rooms
- 5 Beds + 5 Baths
Listed by: Skyline Properties, Inc.
Views
Seattle
$ 1,200,000
- Type
- Multi-Family | Active
- Size
- 2,460 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Windermere Real Estate/HLC
Seattle
$ 950,000
- Type
- Multi-Family | Active
- Size
- 2,520 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: Coldwell Banker Bain
Reduced
Seattle
$ 2,650,000
- Type
- Multi-Family | Active
- Size
- 7,120 SqFt
- Rooms
- 11 Beds + 10 Baths
Listed by: L. Dankers Real Estate Group
Seattle
$ 1,274,995
- Type
- Multi-Family | Active
- Size
- 3,400 SqFt
- Rooms
- 4 Beds + 5 Baths
Listed by: Kelly Right RE of Seattle LLC
Seattle
$ 1,650,000
- Type
- Multi-Family | Active
- Size
- 4,890 SqFt
- Rooms
- 8 Beds + 5 Baths
Listed by: RE/MAX Metro Realty, Inc.
Seattle
$ 1,150,000
- Type
- Multi-Family | Active
- Size
- 2,850 SqFt
- Rooms
- 6 Beds + 3 Baths
Listed by: John L. Scott, Inc
Reduced
Seattle
$ 1,250,000
- Type
- Multi-Family | Active
- Size
- 2,770 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: COMPASS
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's 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 relating
