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.
Property Details
Price:
$850,000
MLS #:
NWM2536370
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Ballard
Neighborhood:
705ballardgreenlake
Listed Date:
Jun 6, 2026
Finished Sq Ft:
2,500
Total Sq Ft:
2,500
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1910
See this Listing
Schools
School District:
Seattle
Elementary School:
West Woodland
Middle School:
Hamilton Mid
High School:
Ballard High
Interior
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
2 Full Bathrooms, 1 Three Quarter Bathroom
Cooling
None
Flooring
Vinyl, Vinyl Plank
Heating
Forced Air
Interior Features
Dbl Pane/Storm Window
Levels
One
Main Level Bathrooms
3
Main Level Bedrooms
1
Exterior
Construction Materials
Wood
Direction Faces
North
Exterior Features
Wood
Lot Features
Adjacent to Public Land, Curbs, Paved, Sidewalk, Value In Land
Parking Features
Off Street
Roof
Composition
Security Features
Fully Fenced, Security System
View
Territorial
Financial
Tax Year
2026
Taxes
$8,792
Map
Community
- Address1409 NW 54th Street Seattle WA
- SubdivisionBallard
- CitySeattle
- CountyKing
- Zip Code98107
Subdivisions in Seattle
- Admiral
- Alaska Junction
- Alki
- Allentown
- Arbor Heights
- Arboretum
- Arroyo
- Ballard
- Beach Drive
- Beacon Hill
- Belltown
- Belvedere Terrace
- Belvidere
- Bitter Lake
- Blue Ridge
- Boulevard Park
- Briarcrest
- Brighton
- Broadmoor
- Broadview
- Broadway
- Bryant
- Bryn Mawr
- Burien
- Campbell Hill
- Capitol Hill
- Cedar Park
- Cedarhurst
- Central Area
- Columbia
- Columbia City
- Crown Hill
- Delridge
- Denny Blaine
- Denny Triangle
- Downtown
- Dunlap
- Earlington
- Eastlake
- Fairmount
- Fauntleroy
- First Hill
- Fremont
- Gatewood
- Genesee
- Georgetown
- Glen Acres
- Green Lake
- Greenwood
- Gregory Heights
- Haller Lake
- Hawthorne Hills
- High Point
- Highland Park
- Highline
- Hillman City
- Holly Park
- International District
- Inverness
- Jackson Park
- Judkins
- Kent
- Lake City
- Lake Forest Park
- Lake Union
- Lakeridge
- Lakewood
- Laurelhurst
- Leschi
- Licton Springs
- Lincoln Park
- Loyal Heights
- Madison Park
- Madison Valley
- Madrona
- Magnolia
- Magnolia Bluff
- Maple Leaf
- Matthews Beach
- Meadowbrook
- Montlake
- Morgan Junction
- Mt Baker
- N Beacon Hill
- North Admiral
- North Beach
- North Burien
- North Capitol Hill
- North City
- North Shorewood
- Northgate
- Olympic Hills
- Olympic Manor
- Phinney Ridge
- Pigeon Point
- Pinehurst
- Pioneer Square
- Portage Bay
- Puget Ridge
- Queen Anne
- Rainier Beach
- Rainier Valley
- Ravenna
- Renton
- Roosevelt
- Sand Point
- SeaTac
- Seattle
- Seaview
- Seola Beach
- Seward Park
- Shoreline
- Shorewood
- Skyway
- Sodo
- South Lake Union
- South Park
- Southern
- Sunset Hill
- The Highlands
- Top Hat
- Tukwila
- University District
- Upper Rainier Beach
- Victory Heights
- View Ridge
- Wallingford
- Washington Park
- Wedgwood
- West Seattle
- Westlake
- Westwood
- Westwood Village
- White Center
- Whittier
- Windermere
- Woodland Park
Market Summary
Current real estate data for Single Family in Seattle as of Jun 11, 2026
2,135
Single Family Listed
53
Avg DOM
609
Avg $ / SqFt
$1,219,210
Avg List Price
Property Summary
- Located in the Ballard subdivision, 1409 NW 54th Street Seattle WA is a Single Family for sale in Seattle, WA, 98107. It is listed for $850,000 and features 3 beds, 3 baths, and has approximately 2,500 square feet of living space, and was originally constructed in 1910. The current price per square foot is $340. The average price per square foot for Single Family listings in Seattle is $609. The average listing price for Single Family in Seattle is $1,219,210. To schedule a showing of MLS#nwm2536370 at 1409 NW 54th Street in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by AgencyOne.
Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 11:08:39 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by AgencyOne.Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 11:08:39 pm. 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.
Copyright 2026. All rights reserved.
1409 NW 54th Street
Seattle, WA


