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Listing Firm: SJA Real Estate: Samantha Shelton

Active
NWMLS # 2380847
  • - Beds
  • - Baths
  • 5656 Sq.ft.

554 Prospect Street , Seattle, WA 98109

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Aris360 Last Checked: 8 Minutes Ago (Jun 07, 2025 11:00 AM)

  • Source: NWMLS as Distributed by MLS Grid #2380847

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Prospect
  • Zip/Postal Code: 98109
  • City: Seattle

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$3,847 per month
Principal & Interest
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Property Taxes

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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Queen Anne
  • Community
    • 700 - Queen Anne/Magnolia
  • MLS Area
    • 700 - Queen Anne/Magnolia
  • Longitude
    • -122.345836
  • Latitude
    • 47.629101
  • Directions
    • From I-5, take exit 167 toward Mercer St. Continue on Mercer, turn right on 5th Ave N, then left on Taylor Ave N. Turn right on Prospect St. 554 Prospect is on the left in Queen Anne.

  • Floors
    • Hardwood
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood Products
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Very Good,
  • Water
    • SPU
  • Building Total Area (Sq. Ft.)
    • 3813
  • Has View
    • Yes
  • View Description
    • Territorial,

  • High School District
    • Seattle
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
    • Subject to Tenant Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $14716
  • Year Built
    • 1909
  • Effective Year Built
    • 2013
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 2025 . 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.

Jun 07, 2025 11:00 AM