2216 NW 59th Street Seattle WA 98107 MLS #NWM2343981

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Listing Provided Courtesy of FIRST AND MAIN
Updated Rents & Cap Rate!! Turnkey 6-Unit Investment in Prime Ballard Location! This well-maintained multifamily property offers strong rental upside and the potential to add an additional unit for even more value. This low-maintenance gem is perfect for investors seeking long-term growth. New water heaters, fresh exterior paint & lighting; all units have new flooring, paint & updates throughout. Large floor plans w/room to add additional 3rd bedroom. Shared laundry, storage lockers, 4 carport parking + 6 dedicated reserved spots, fenced & private patio. 98% Walking score! Don’t miss this rare opportunity to own in one of Seattle’s most sought-after neighborhoods! Offering Memorandum available.
Current real estate data for Multi Family in Seattle as of Sep 01, 2025
191
Multi Family Listed
97
Avg DOM
469
Avg $ / SqFt
$1,918,249
Avg List Price

Property Details

Price:
$2,100,000
MLS #:
NWM2343981
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Ballard
Neighborhood:
705 – Ballard/Greenlake
Listed Date:
Mar 13, 2025
Finished Sq Ft:
5,380
Total Sq Ft:
5,380
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1969
Units:
6
Gilman Park705 – Ballard/greenlake705 – Ballard/greenlakeBallardSeattleBuyer To VerifyBuyer To VerifyBuyer To Verify

Schools

School District:
Seattle
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Laminate, Vinyl Plank, Carpet
Heating
Baseboard

Exterior

Construction Materials
Stucco, Wood
Exterior Features
Stucco, Wood
Parking Spots
10
Roof
Torch Down
Security Features
Partially Fenced

Financial

Net Operating Income
$136,282
Tax Year
2025
Taxes
$15,692

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Property Summary

    Located in the Ballard subdivision, 2216 NW 59th Street Seattle WA is a Multi Family for sale in Seattle, WA, 98107. It is listed for $2,100,000 To schedule a showing of MLS#nwm2343981 at 2216 NW 59th Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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2216 NW 59th Street
Seattle, WA