2232 NW 58th St
Seattle WA 98107
2232 NW 58th Street
2232 NW 58th St Seattle WA 98107
Listing #: 699104 | Status: Pending | Last Modified: 4/10/2026 |
For Sale
- Phone:(206) 618-2207
- Email:gabe@blakeia.com
- Office Name:Blake Investment Advisors
- Office Phone:(206) 619-3719
- Office Website:
- Agent Phone:
- Agent Email:josh@blakeia.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,639,000.0
- $/SF$ 364.2
- $/Unit$ 1,639,000.0
- Listing StatusPending
- Days on Market313
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.61 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings10
- # of Floors3
- # of Units5
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5694
- Net Rentable Area4500
- Total Office SF
- Largest Contiguous SF
- Lot SF5000
- Acres0.11
- Property TypeMulti-Family
- Office TypeMulti-Tenant
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaFremont/Ballard
- Tax ID #2767604175
- Additional Parcels
- ZoningMR-RC(M)
- Year Built1979
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeWood
Ballard Commons 5
5.61% In-Place Cap Rate | The Ballard Commons 5 was built in 1979 and features five large 925-square-foot, 2-bedroom, 2-bathroom apartments, each with a master bedroom and en-suite bathroom. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is to copper. Ownership has made ongoing interior improvements, with units 2,4, and 5 featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is FULLY renovated.
