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1544 NW 53rd Street, Seattle, WA 98107

$2,250,000 (Active)
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Listed by: Dea Sumantri - Lee & Associates Commercial RE

1544 NW 53rd Street, Seattle, WA 98107

$$2,250,000
Active
est.$2,250,000/month.
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beds. baths. 5,000 Sqft.

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1544 NW 53rd Street, Seattle, WA 98107

$2,250,000
Active
est.$2,250,000/month.
Start My Approval
beds baths 5,000 Sq.ft.
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Property details for 1544 NW 53rd Street, Seattle, WA 98107
We are pleased to present this well-maintained 6-unit apartment property in Ballard, one of Seattle’s most established and desirable rental markets. Built in 1982 and offered for sale for the first time by the family of the original builder, the property combines durable construction, spacious 2-bedroom floor plans, desirable resident amenities, and identifiable renovation upside. The property is comprised entirely of 2-bedroom, 1-bath corner units featuring in-unit W/D, fireplaces, private balconies, dining areas, dishwashers, refrigerators, ranges, and wood flooring. A common area provides secure resident storage, an additional laundry set, and a 1/2 bath, with potential for conversion to an additional unit (buyer to verify). 6 parking spaces are provided, 5 of which are covered. Ownership began renovating interiors in 2021, with 3 of the 6 units remodeled to date. The remaining apartments retain classic finishes, providing a clear opportunity to continue the renovation program and capture additional rental upside. Building systems include copper plumbing and Crouse-Hinds electrical panels, and a full roof replacement was completed in August 2026. Located in the heart of Ballard, along with recent capital improvements, an all 2-bedroom unit mix, in-unit laundry, covered parking, and a straightforward value-add strategy, the property offers investors an attractive combination of current income, renovation potential, and long-term appreciation.
Broker details: Lee & Associates Commercial RE

Listed by: Dea Sumantri
Co-listing Broker: Lee & Associates Commercial RE
Co-listing Agent: Candice Chevaillier
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Property Description

MLS Information

  • Listing: 2581844
  • Listing Last Modified: 2026-09-12

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1982
  • Subdivision: Ballard

Geographic Data

  • County: King
  • MLS Area: Ballard
  • Directions: From W Nickerson St, Merge onto 15th Ave W/Ballard Bridge, Turn Left onto NW Leary Way, Turn right onto 17th Ave NW, Turn right onto NW 53rd St.
Features

Interior Features

  • Flooring: Vinyl

Exterior Features

  • Roof type: Flat
  • Lot description: Paved
  • View: City

Parking

    Utilities

    • Heating: Electric, Baseboard
    Property Information

    Tax Information

    • Tax Annual Amount: $21,782

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    Disclaimer

    Based on information submitted to the MLS GRID as of Sat Sep 12 2026 (3.19 PM). 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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