2232 NW 58th St, Seattle, WA

About this home

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.

Property details

Price

$1,639,000

Bedrooms

10

Bathrooms

10

Year built

1979

Lot size

5,001 sqft

Type

Multi-Family

Days on market

304

Est. property tax

$15,243/yr · $1,270/mo · 0.93% WA avg

Last sold

$564,000 · May 2001

Estimated monthly payment

Price history

▼ 3.5%Most recent change on 2026-03-02: $1,699,000 → $1,639,000.

1. Mar 2, 2026$1,639,000Price change
2. Oct 17, 2025$1,699,000Price change
3. Sep 29, 2025$1,785,000Price change
4. Jun 25, 2025$1,899,000Initial list price
5. May 31, 2001$564,000Sold
6. May 14, 1980$260,000Sold
7. Feb 13, 1979$45,000Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Location

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Neighborhood (zip 98107)

This neighborhood is highly educated (40% hold a bachelor's degree). Median age is 34.0; 41% of homes are owner-occupied; median household income is $131,559.

Median income

$131,559

Median age

34.0

Owner-occupied

40.9%

Bachelor's degree

40.4%

Census median home value

$896,300

Source: US Census Bureau American Community Survey 5-year estimates.

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