About this home

Twin Courts Apartments presents an exceptional investment opportunity in Seattle's highly desirable Ballard neighborhood. The property consists of 14 units across two buildings, featuring 10 one-bedroom and 4 two-bedroom apartments totaling approximately 9,408 rentable square feet. The property offers strong in-place cash flow with a 5.9% cap rate and attractive seller financing options. Recent capital improvements include updated electrical panels, newer TPO roofs, and renovations to 5 of the 14 units, providing additional upside through continued interior improvements and rental growth. Situated on two separate parcels totaling approximately 10,000 square feet, the property features covered and surface parking, on-site laundry, and convenient access to Downtown Ballard's restaurants, shopping, breweries, and entertainment. Twin Courts offers investors a compelling combination of stable income, value-add potential, and a prime Ballard location. Seller financing available; contact listing brokers for details.

Exterior features

Stucco

Property details

Heating: Baseboard
Cooling: None
Flooring: Laminate
View: City
Lot: Curbs, Sidewalk, Value In Land
Sewer: Sewer Connected

Costs

Annual taxes: $33,533 (2026)

Estimate your monthly payment

$18,975/mo

Principal & interest: $16,181
Property taxes: $2,794

Down payment (20%) $640,000 Interest rate (%) Loan term (years)

Loan amount $2,560,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98107

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Kidder Mathews— Max Frame.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.