1409 NW 54th Street · Seattle, WA 98107
Source: NWMLS · AgencyOne · Joseph Lau #NWM2593416
About this home
Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex (600 sf Studio + 800 sf 1Bed 1Bath) + 1100 sf ADU (2 Bed 1 Bath) property generates stable rental income from day one, with all units leased. Zoned II U/125, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story
- Stories
- 1 story
- Year built
- 1910
- Lot size
- 5,000 sq ft (0.11 acres)
- County
- King
- MLS #
- NWM2593416
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Vinyl, Vinyl Plank
- Appliances
- Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Interior features
- Dbl Pane/Storm Window
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Lot features
- Adjacent to Public Land, Curbs, Paved, Sidewalk, Value In Land
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking features
- Off Street
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Ballard
- Property tax
- $9,879 (2026)
Transaction
- Listed on
- Oct 11, 2026
- Days active
- 108
- Price per sq ft
- $306
- Listing terms
- Cash, Conventional
- Possession
- Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2016-07-26
- Sold$590,000
Schools
School district: Seattle
- Elementary
- West Woodland
- Middle
- Hamilton Mid
- High
- Ballard High SchoolSchoolDigger 4 stars · Top 10% in WA
Listing provided courtesy of: AgencyOne
Listing agent: Joseph Lau.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-10-12.