801 NW 54th St

Seattle, WA 98107

$2,980,000
Price
17
Beds
16
Baths
6,560 Sq. Ft.
$454 / Sq. Ft.
6,560
Sq. Ft.
$454
per Sq. Ft.
Listed By Compass
Listed By Compass
a car parked in front of a building
a view of an empty room with wooden floor and a window
a view of an empty room and wooden floor
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor
a kitchen with a sink and cabinets
a view of a room with wooden floor and a window
a bedroom with a bed and painting on the wall
a bathroom with a sink and mirror
a utility room with dryer and washer
a view of a bathroom with shower and a bathroom
a view of an empty room with wooden floor and a window
a kitchen that has a sink and a stove
a kitchen with stove and cabinets
a bathroom with a sink and a mirror
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor
a car parked in front of a building
an empty room with windows
a view of a cars park in front of a building
a picture of city view with lake view and mountain view
Listing provided courtesy of Compass, Keller Williams Realty Bothell

Description

Gilman Park Plaza - Current Cap of 6.33% 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...Gilman Park Plaza - Current Cap of 6.33% 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.

Listing Agent

  1. Erich Bubbel

    Erich Bubbel

    Listing Agent

    Compass

    erich.bubbel@compass.com

    P: (206)-399-3285

    CallTextEmail

Property Details for 801 Northwest 54th Street

Community Name
Ballard
School District
Seattle
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
10-16-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/09/2025 06:28 PM

Property Details for 801 Northwest 54th Street

StatusActive
MLS #2445525
Days on Market76
Cumulative Days on Market76
Taxes$25,238 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.20 AC / 8,800 SF
CountyKing County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass; Keller Williams Realty Bothell
Add your commute

Building Information for 801 Northwest 54th Street

Stories2Residences16Year Built1954Building Size-Lot Size0.20 AC / 8,800 SF

Payment Calculator

$16,828 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,725

Property Taxes

$2,103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 801 Northwest 54th Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: GPS Device
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Metal/Vinyl, See Remarks
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 16483
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: See Remarks
  • Foundation: See Remarks
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 25
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: Public
  • Parcel Number Free Text: 1225039002
  • Building Condition: Good
  • Calculated Square Footage: 6560
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6560.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 16
  • Units Below Grade: false
  • Units In Building Total: 16
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 76404
  • Gross Adjusted Income: 264970
  • Gross Rent Multiplier: 10.68
  • Gross Scheduled Income: $278,916
  • Insurance Expense: $6,200
  • Net Operating Income: $188,538
  • Other Expenses: $28,483
  • Total Monthly Income: 23243
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 390
  • Rent Unit 1: $1,240.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 550
  • Rent Unit 2: $1,360.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 390
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 390
  • Rent Unit 4: $1,465.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 390
  • Rent Unit 5: $1,270.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 390
  • Rent Unit 6: $1,350.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 390
  • Rent Unit 7: $1,440.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 390
  • Rent Unit 8: $1,425.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 390
  • Rent Unit 9: $1,350.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 390
  • Rent Unit 10: $1,465.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 390
  • Rent Unit 11: $1,195.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: false
  • Square Feet Unit 12: 390
  • Rent Unit 12: $1,350.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 14
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: false
  • Square Feet Unit 13: 390
  • Rent Unit 13: $1,195.00
  • Bedrooms Unit 13: 1
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 15
  • Washer/Dryer Unit 14: false
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: false
  • Square Feet Unit 14: 390
  • Rent Unit 14: $1,350.00
  • Bedrooms Unit 14: 1
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 16
  • Washer/Dryer Unit 15: false
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: false
  • Square Feet Unit 15: 390
  • Rent Unit 15: $1,465.00
  • Bedrooms Unit 15: 1
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 17
  • Washer/Dryer Unit 16: false
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: false
  • Square Feet Unit 16: 550
  • Rent Unit 16: $1,950.00
  • Bedrooms Unit 16: 2
  • Bathrooms Unit 16: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6560.0

Property History for 801 Northwest 54th Street

DateEvent & SourcePriceAppreciation
Nov 9, 2025

Price Change

NWMLS #2445525

$2,980,000—
Oct 16, 2025

Listed (Active)

NWMLS #2445525

$3,200,000—
May 31, 2023

Sold (Public Record)

Public Record #1511973890

$2,747,600

+3.9% / yr

Sep 9, 2004

Sold (Public Record)

Public Record #143423909

$1,333,000—
Feb 16, 2001

Sold

NWMLS #20119694

$1,002,500—
Feb 10, 2001

Pending

NWMLS #20119694

—
Sep 17, 2000

Listed (Active)

NWMLS #20119694

$1,045,000—
DateEvent & SourcePrice
11/09/2025

Price Change

NWMLS #2445525

$2,980,000
10/16/2025

Listed (Active)

NWMLS #2445525

$3,200,000
05/31/2023

Sold (Public Record)

Public Record #1511973890

$2,747,600

+3.9% / yr

09/09/2004

Sold (Public Record)

Public Record #143423909

$1,333,000
02/16/2001

Sold

NWMLS #20119694

$1,002,500
02/10/2001

Pending

NWMLS #20119694

—
09/17/2000

Listed (Active)

NWMLS #20119694

$1,045,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 801 Northwest 54th Street

Taxable ValueLand$1,936,000Additions$600,000Total$2,536,000
Tax Record2024$31,737 ($2,645 / month)
Home Facts
Total Finished SqFt6,752 SqFtAbove Ground SqFt6,752 SqFtStories2Lot Size8,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1954Year Renovated1991ZoningLR2 (M)CountyKINGAPN122503-9002

Schools near 801 Northwest 54th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
West Woodland Elementary School
Public - K to 5
Hamilton International Middle School
Public - 6 to 8
Ballard High School
Public - 9 to 12
Salmon Bay School
Public - K to 8
Rating
School
Distance
West Woodland Elementary School
PublicK to 5

Hamilton International Middle School
Public6 to 8

Ballard High School
Public9 to 12

Salmon Bay School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 801 Northwest 54th Street, Seattle, WA 98107

801 Northwest 54th Street is a multi-family home for sale in Seattle, WA 98107. This property was listed for sale on October 16, 2025 by Compass, it's currently listed at $2,980,000. It has been on the market for a total of 76 days and was last sold on May 31, 2023. This listing's school district is Seattle Public Schools. Nearby schools include West Woodland Elementary School, Hamilton International Middle School and Ballard High School. 801 Northwest 54th Street is a 17-bed, 16-bath, 6,560 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass; Keller Williams Realty Bothell

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/31/2025 12:14 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.