554 Prospect Street Seattle WA 98109 MLS #NWM2462772

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Listing Provided Courtesy of Windermere Real Estate Midtown
Lower Queen Anne/Uptown: the best/closest neighborhood to downtown Seattle. Great for an owner-operator or remote owner, 554 Prospect is a rarely available, purpose-built and recently renovated, 5-unit workhorse. The location is unparalleled: a burgeoning neighborhood with easy access to a myriad of coffee, bars, restaurants, shopping & entertainment. The 2013-studs-out-renovation includes one studio, two 2-bedrooms, and two 2-bedroom + den homes (convert & use the dens as bedrooms?). Private storage units (all homes) & in-unit laundry (4 homes). Seattle Center, Climate Pledge, South Lake Union, and the top of Queen Anne are moments away. With an 84 (“Very Walkable”) Walkscore, 554 Prospect is a great addition (or start) to your portfolio.
Current real estate data for Multi Family in Seattle as of Jan 08, 2026
132
Multi Family Listed
108
Avg DOM
431
Avg $ / SqFt
$2,262,578
Avg List Price

Property Details

Price:
$1,950,000
MLS #:
NWM2462772
Status:
Active
Beds:
8
Baths:
8
Type:
Multi Family
Subdivision:
Queen Anne
Neighborhood:
700queenannemagnolia
Listed Date:
Jan 5, 2026
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 VerifyTerritorial

Schools

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

Interior

Cooling
None
Flooring
Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
Heating
Forced Air

Exterior

Construction Materials
Wood
Exterior Features
Wood Products
Roof
Composition

Financial

Net Operating Income
$110,475
Tax Year
2025
Taxes
$13,807

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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#nwm2462772 at 554 Prospect Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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