1409 NW 54th Street, Seattle, WA 98107

• 3 beds |
• 3 baths |
• 2,500 sqft

Property Description

Investor Alert! Turnkey opportunity with immediate cash flow and future developmentpotential. This fully occupied Duplex (Studio + 1Bed 1Bath) + ADU (2 Bed 1 Bath) property generates stable rental income from day one, with all units leased. Situated on II U/125-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent extensive updates in 2016 including major interior improvements and appliance replacements. Interior has been exceptionally well-maintained w/ responsible tenants. A rare opportunity to acquire a well-maintained, income-producing property today while securing future development potential for tomorrow.

Listing Status:

Active

Data Last Updated:

June 13, 2026 at 9:20PM

Listing Office:

AgencyOne : 425-772-7500

Listing Agent:

Joseph Lau : 425-772-7500

MLS ID:

2536370

Interior

• General: Dbl Pane/Storm Window
• Appliances: DishwasherDisposalDryerRefrigeratorStove(s)/Range(s)Washer
• Basement: None
• Flooring: VinylVinyl Plank
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: Off StreetParking spaces: 0

Construction

• Roofing: Composition
• General: OnePillar/Post/Pier

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Topography: Level
• Zoning: 2768300450
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls