554 Prospect Street Seattle WA 98109 MLS #NWM2380847

MLS #NWM2380847 image #0MLS #NWM2380847 image #1MLS #NWM2380847 image #2MLS #NWM2380847 image #3MLS #NWM2380847 image #4MLS #NWM2380847 image #5MLS #NWM2380847 image #6MLS #NWM2380847 image #7MLS #NWM2380847 image #8MLS #NWM2380847 image #9MLS #NWM2380847 image #10MLS #NWM2380847 image #11MLS #NWM2380847 image #12MLS #NWM2380847 image #13MLS #NWM2380847 image #14MLS #NWM2380847 image #15MLS #NWM2380847 image #16MLS #NWM2380847 image #17MLS #NWM2380847 image #18
Listing Provided Courtesy of SJA Real Estate
Located in the heart of Queen Anne, 554 Prospect offers a rare opportunity to own a fully-renovated five-unit building in one of Seattle’s most desirable neighborhoods. The unit mix includes one studio, two 2-bedrooms, and two 2-bedroom + den layouts, each upgraded in a 2013 studs-out renovation. Modern amenities include in-unit laundry and private storage units. Walkable to Seattle Center, the Space Needle, and vibrant retail, with easy access to Downtown, South Lake Union, and Hwy 99. This charming asset blends historic character with strong income potential in a highly walkable, high-demand rental market.
Current real estate data for Multi Family in Seattle as of Sep 07, 2025
195
Multi Family Listed
94
Avg DOM
465
Avg $ / SqFt
$1,907,870
Avg List Price

Property Details

Price:
$1,950,000
MLS #:
NWM2380847
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Queen Anne
Neighborhood:
700queenannemagnolia
Listed Date:
May 23, 2025
Finished Sq Ft:
5,656
Total Sq Ft:
5,656
Lot Size:
3,813 sqft / 0.09 acres (approx)
Year Built:
1909
Units:
5
700 – Queen Anne/magnolia700queenannemagnoliaQueen AnneSeattleBuyer To VerifyBuyer To VerifyBuyer To Verify

Schools

School District:
Seattle
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Hardwood, Carpet
Heating
Forced Air

Exterior

Construction Materials
Wood
Exterior Features
Wood Products
Roof
Composition

Financial

Net Operating Income
$96,099
Tax Year
2024
Taxes
$14,716

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Property Summary

    Located in the Queen Anne subdivision, 554 Prospect Street Seattle WA is a Multi Family for sale in Seattle, WA, 98109. It is listed for $1,950,000 To schedule a showing of MLS#nwm2380847 at 554 Prospect Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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554 Prospect Street
Seattle, WA