801 NW 54th Street Seattle WA 98107 MLS #NWM2445525

801 NW 54th Street
Seattle, WA, 98107
$2,890,000
MLS #NWM2445525 image #0
Listing Provided Courtesy of COMPASS
Gilman Park Plaza – Current Cap of 6.46% with in place rent. 16 units in the prime Ballard neighborhood consists of 15 1Bed/1Ba units and one 2Bed/1Ba. 7 off street parking spaces, extra onsite storage stalls for extra income. Upgrades to the property in the last two years include a new TPO roof was installed in 2024, updated sewer lines along with exterior paint. Located close to mass transit and a walk score of 86/100 making this an ideal investment for future growth in one of the most bustling and vibrant neighborhoods in Seattle.
Current real estate data for Multi Family in Seattle as of Mar 01, 2026
149
Multi Family Listed
107
Avg DOM
445
Avg $ / SqFt
$2,253,570
Avg List Price

Property Details

Price:
$2,890,000
MLS #:
NWM2445525
Status:
Active
Beds:
17
Baths:
16
Type:
Multi Family
Subdivision:
Ballard
Neighborhood:
705ballardgreenlake
Listed Date:
Oct 16, 2025
Finished Sq Ft:
6,560
Total Sq Ft:
6,560
Lot Size:
8,800 sqft / 0.20 acres (approx)
Year Built:
1954
Units:
16
705 – Ballard/greenlake705ballardgreenlakeBallardSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Laminate, Vinyl Plank
Heating
Forced Air

Exterior

Construction Materials
Brick, Metal/Vinyl, See Remarks
Exterior Features
Brick, Metal/Vinyl, See Remarks
Parking Spots
7
Roof
Flat

Financial

Net Operating Income
$186,785
Tax Year
2025
Taxes
$25,238

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Property Summary

    Located in the Ballard subdivision, 801 NW 54th Street Seattle WA is a Multi Family for sale in Seattle, WA, 98107. It is listed for $2,890,000 To schedule a showing of MLS#nwm2445525 at 801 NW 54th Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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Karrie Kelley

Karrie Kelley

Realtor®

Phone 425 218-4178

More About Karrie
Courtesy of COMPASS. Disclaimer: Based on information submitted to the MLS GRID as of Mar-01-2026 5:15:36 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.

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Rover IDX
801 NW 54th Street
Seattle, WA