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Listing provided courtesy of Kidder MathewsNWMLSMLS# NWM2504524MLS Provider
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Twin Courts presents a rare multifamily investment in the heart of Ballard, offering two contiguous parcels that create unique long-term exit strategies. The property has undergone substantial capital improvements, including updated electrical panels throughout and one roof being replaced in 2020 and the other in 2016. With 5 of 14 units already renovated, investors can continue the proven value-add program to unlock up to 28% rental growth potential. Efficient, well-designed floorplans drive strong tenant demand, while its highly walkable location ensures long-term desirability. With strong in-place rents, upside through remaining renovations, and flexible ownership options, Twin Courts stands out as a compelling Ballard opportunity.

Source: NWMLS, MLS#: NWM2504524

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  • Property Type
    Residential Income
  • Lot
    0.23 acres

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  • Median Age
    34
  • Population Density
    11,325
  • College Educated
    80%
  • Estimated Median Income
    $102,436
  • Estimated Total Home Owners
    5,772
  • Estimated Total Renters
    9,074
  • Owner / Renter Divide
    39% / 61%
  • Estimated Average Household Size
    2
  • Total Population
    28,025
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2223 NW 59th Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.