Skip To Content

801 NW 54th Street

Seattle, WA 98107
  • $2,980,000
  • STATUS: Active
  • ID#: 2445525
UPDATED: 28 min ago
$2,980,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,560
    SQFT
  • $454
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.

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 and vibrant neighborhoods in Seattle.

Monthly Payment Calculator



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-11T00:15:15.213. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-11T00:15:15.213. 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.
www.iconrealestategroup.com/homes/168934387
Print Image

801 NW 54th Street Seattle, WA 98107

  • Price: $2,980,000
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • ID#: 2445525
0
Beds
0
Baths
0
½ Baths
0.2
Acres
6,560
SQFT
$454
$/SQFT
1954
Built
Neighborhood:
Ballard
County:
King
Area:
705 - Ballard/Greenlake
School District:
Seattle
Property 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 and vibrant neighborhoods in Seattle.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickMetal/VinylSee Remarks Lot Features Corner Lot Open Parking Spaces 7 Open Parking YN Yes Parking Total 7 Parking Uncovered Spaces 7 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 6560 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateVinyl Plank Heating Forced Air Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details See Remarks Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 188538 New Construction YN No Possession Closing Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 25238 Tax Year 2025 Units In Building Total 16 Water Source Public Year Built Effective 1991 Zoning Jurisdiction See Remarks



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-11T00:15:15.213. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-11T00:15:15.213. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2445525-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2445525-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2445525-1.jpg
Logo
Icon Group
11223 SE 248th Street
Kent WA, 98030
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.