2232 NW 58th Street, Seattle, WA 98107

Property Description

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, 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 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 the owner's unit and is fully renovated.

Listing Status:

Pending

Data Last Updated:

May 2, 2026 at 2:22PM

Listing Office:

Blake Investment Advisors : 206-618-2207

Listing Agent:

Gabe Blake : 206-618-2207

MLS ID:

2397581

Interior

• A/C: Forced Air
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Stucco

Construction

• Roofing: Flat
• General: 55 - 5-9 Units

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 2767604175

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls