554 Prospect Street Seattle WA 98109 MLS #NWM2380847

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.
Property Details
Price:
$1,950,000
MLS #:
NWM2380847
Status:
Active
Beds:
0
Baths:
0
Address:
554 Prospect Street
Type:
Multi Family
Subdivision:
Queen Anne
Neighborhood:
700 – Queen Anne/Magnolia
City:
Seattle
Listed Date:
May 23, 2025
State:
WA
Finished Sq Ft:
5,656
Total Sq Ft:
5,656
ZIP:
98109
Lot Size:
3,813 sqft / 0.09 acres (approx)
Year Built:
1909
Units:
5
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
Tax Year
2024
Taxes
$14,716
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 3046 SW Avalon Way
Seattle, WA$2,450,000
4.49 miles away
- 4105 Stone Way N -8020
Seattle, WA$2,324,950
1.92 miles away
- 5101 Ravenna Avenue NE
Seattle, WA$2,250,000
3.20 miles away
- 2010 Waverly Place N
Seattle, WA$2,249,999
0.58 miles away
- 2123 E James Street
Seattle, WA$2,195,000
2.47 miles away
- 9632 Aurora Ave N
Seattle, WA$2,099,000
4.85 miles away
- 4212 Phinney Avenue N
Seattle, WA$2,075,000
2.04 miles away
- 1111 18th Avenue
Seattle, WA$2,018,000
2.07 miles away
- 1901 8th Avenue W
Seattle, WA$1,999,000
1.14 miles away
- 301 Belmont Avenue E
Seattle, WA$1,995,000
1.15 miles away

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated May-24-2025 1:02:28 am. © 2025 NWMLS.
554 Prospect Street
Seattle, WA
LIGHTBOX-IMAGES