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$850,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,500 Sq. Ft.
  • Updated 2 days ago

Listed by Joseph Lau | AgencyOne | (425) 772-7500 and Friska Ping Lim | AgencyOne | (425) 772-7500

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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.

Full Property Details for 1409 NW 54th St

General

  • Price: $850,000
  • Taxes: $8,792 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2536370
  • Updated: 6/7/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Dbl Pane/Storm Window
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Vinyl, Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1
  • Main Floor Baths: 3
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 2
  • Bedrooms Main: 1

Additional Information

  • Amenities: Fenced-Fully, Gas Available, High Speed Internet
  • Security/Safety: Fully Fenced, Security System

Parking

  • Parking Features: Off Street

Location

  • Area: 705 - Ballard/Greenlake
  • County: King
  • Subdivision: Ballard
  • Driving Directions: GPS friendly.
  • Direction Faces: North

School Information

  • High School District: Seattle
  • Elementary School: West Woodland
  • Middle School: Hamilton Mid
  • High School: Ballard High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Square Feet: 2,500
  • Finished Total: 2,500 Sq. Ft.
  • Year Built: 1910
  • Property Condition: Fair

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1148
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: KCR
  • Lot Dimensions: 50 x 100
  • Topography: Level
  • Lot Features: Adjacent to Public Land, Curbs, Paved, Sidewalk, Value In Land

Financial Considerations

  • Tax Amount: $8,792.28
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 2768300450

Listed by Joseph Lau | AgencyOne | (425) 772-7500 and Friska Ping Lim | AgencyOne | (425) 772-7500

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NMLS#: 1598647

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Schools serving 1409 NW 54th St

School District:Seattle School District
NameGradesDistance
West Woodland Elementary School
5601 4th Avenue Northwest, Seattle, WA 98107
K-50.6 mi
Hamilton International Middle School
1610 North 41st Street, Seattle, WA 98103
6-81.8 mi
Ballard High School
1418 Northwest 65th Street, Seattle, WA 98117
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1409 NW 54th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/06/2026
Listed
$850,000
44.07%
MLS
7/25/2016
Sold
$590,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1409 NW 54th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$10,607
21%
$997,000
13%
2024
$8,792
9%
$881,000
15%
2024
$8,055
17%
$764,000
—
2022
$6,891
30%
$764,000
5%
2021
$5,282
—
$726,000
45%
2021
$5,282
-4%
$501,000
-6%
2020
$5,513
11%
$535,000
—
2019
$4,956
-3%
$534,000
11%
2018
$5,093
17%
$481,000
14%
2017
$4,339
9%
$421,000
12%
2016
$3,969
19%
$376,000
18%
2015
$3,322
-1%
$319,000
8%
2014
$3,362
—
$295,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Joseph Lau | AgencyOne | (425) 772-7500 and Friska Ping Lim | AgencyOne | (425) 772-7500

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1409 NW 54th Street, Seattle, WA 98107 (MLS# 2536370) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1409 NW 54th Street is currently listed for $850,000 and was received on June 06, 2026. Want to learn more about 1409 NW 54th Street? Do you have questions about finding other Single Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

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