2226 NW 58th St
Seattle WA 98107
58th Ballard
2226 NW 58th St Seattle WA 98107
Listing #: 708493 | Status: Available | Last Modified: 4/15/2026 |
For Sale
- Phone:(425) 623-5616
- Email:ryan@westlakeassociates.com
- Office Name:Westlake Associates, Inc.
- Office Phone:(206) 505-9400
- Office Website:
- Agent Phone:(425) 233-1289
- Agent Email:sid@westlakeassociates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 7,500,000.0
- $/SF$ 663.7
- $/Unit$ 7,500,000.0
- Listing StatusAvailable
- Days on Market78
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income515,534
- Vacancy Factor %0.00%
- Operating Expenses174,862
- Net Operating Income340,672
- CAP Rate 4.54 %
- 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
- CAP Rate 4.54 %
- Building StatusExisting
- # of Buildings1
- # of Floors6
- # of Units20
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF18896
- Net Rentable Area11300
- Total Office SF
- Largest Contiguous SF
- Lot SF4792
- Acres0.11
- Property TypeMulti-Family
- Office Type
- Building ClassA
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street22nd Ave NW
- Market AreaFremont/Ballard
- Tax ID #2767604170
- Additional Parcels
- ZoningMR-RC(M)
- # Covered Spaces3
- # Uncovered Spaces-3
- Total Parking Spots0
- Parking Ratio
- Year Built2018
- Year Renovated
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeFramed, Wood
58th Ballard For Sale - 20-Unit MultiFamily
58th Ballard, located in the heart of the popular Ballard neighborhood, offers a vibrant and diverse atmosphere with a range of amenities and job opportunities. Ballard is one of Seattle’s most desirable and supply-constrained neighborhoods. The area bene?ts from strong demographic fundamentals, proximity to major employment hubs, and walkable access to retail, dining, and transit. Ballard’s continued popularity with young professionals and long-term renters supports durable demand and consistent rent growth, positioning the asset well for stable cash ?ow through market cycles. 58th Ballard has been exceptionally maintained with all 20 units offering ef?cient layouts. Interior unit ?nishes consist of new construction features such as luxury vinyl plank ?ooring, quartz countertops, stainles














