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1409 NW 54th Street, Seattle, WA 98107

$850,000 (Active)
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Listed by: Joseph Lau - AgencyOne

1409 NW 54th Street, Seattle, WA 98107

$$850,000
Active
est.$850,000/month.
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3 beds. 2 baths. 5,000 Sqft.

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1409 NW 54th Street, Seattle, WA 98107

$850,000
Active
est.$850,000/month.
Start My Approval
3 beds 2.75 baths 5,000 Sq.ft.
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Property details for 1409 NW 54th Street, Seattle, WA 98107
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.
Broker details: AgencyOne

Listed by: Joseph Lau
Co-listing Broker: AgencyOne
Co-listing Agent: Friska Lim
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Property Description

MLS Information

  • Listing: 2536370
  • Listing Last Modified: 2026-08-01

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1910
  • Subdivision: Ballard

Geographic Data

  • County: King
  • MLS Area: Ballard
  • Directions: GPS friendly.
Features

Interior Features

  • Flooring: Vinyl
  • Bedrooms: 3
  • Full baths: 2.75
  • Living area: 2500

Exterior Features

  • Roof type: Composition
  • Lot description: Level, Paved
  • View: Territorial
  • Foundation: Pillar/Post/Pier

Parking

    Utilities

    • Water: Public
    • Heating: Electric, Natural Gas, Forced Air
    Property Information

    Tax Information

    • Tax Annual Amount: $8,792

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    Based on information submitted to the MLS GRID as of Sat Aug 15 2026 (10.22 AM). IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. 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. The three tree icon represents listings courtesy of NWMLS.
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    Home Description

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