1409 NW 54th Street, Seattle, WA 98107 (MLS # 2536370)
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Listing provided courtesy of Northwest MLS; AgencyOne
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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.
| LAST UPDATED | 6/6/2026 | TRACT | Ballard |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Ballard |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | West Woodland |
|---|---|
| Jr. High School | Hamilton Mid |
| High School | Ballard High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Dryer, Refrigerator, Washer |
| AREA | 705 - Ballard/Greenlake |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, Forced Air, Natural Gas |
| INTERIOR | Dbl Pane/Storm Window |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Adjacent to Public Land, Curbs, Paved, Sidewalk, Value In Land |
| LOT DIMENSIONS | 50x100 |
| MLS STATUS | Active |
| PARKING | Off Street |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Ballard |
| TAXES | 8792.28 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/7/26 11:04 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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.
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