1409 NW 54th Street, Seattle, WA 98107

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: joseph lau, friska ping lim
Office: agencyone
MLS#:2536370
Source:NWMLS
1409 NW 54th Street,Seattle, WA 98107
$850,000
  • 3 Beds
  • 3 Baths
  • 3,600 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$850,000
  • Price per sq. ft.:$340

About this home

Investor Alert! Turnkey opportunity with immediate cash flow and future developmentpotential. This fully occupied Duplex (Studio + 1Bed 1Bath) + ADU (2 Bed 1 Bath) property generates stable rental income from day one, with all units leased. Situated on II U/125-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent extensive updates in 2016 including major interior improvements and appliance replacements. Interior has been exceptionally well-maintained w/ responsible tenants. A rare opportunity to acquire a well-maintained, income-producing property today while securing future development potential for tomorrow.

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Home facts

  • Year built:1910
  • Subdivision & Development:Ballard
  • Listing ID #:2536370
  • Updated:August 03, 2026 at 11:15 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Flooring:Vinyl Floor, Vinyl Plank
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Bedroom Description:Main Level Bedrooms : 1, Upper Level Bedrooms : 2
  • Basement:Yes
  • Living area:3,600 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1910
  • Building area:3,600 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Adjacent to Public Land, Curbed Lot, Paved, Sidewalk, Value In Land
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Fenced-Fully
  • Foundation Description:None
  • Levels:1 Story

Schools

  • High school:Ballard High
  • Middle school:Hamilton Mid
  • Elementary school:West Woodland

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$340
  • Tax amount:$8,792 (2026)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gas Available, High Speed Internet

Parking

  • Parking description:Off Street Parking
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 3, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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