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.
Listed by Joseph Lau
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AgencyOne
Listed by Friska Ping Lim
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AgencyOne
Last updated June 07, 2026
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Source: NWMLS #2536370
Listing Facts
TypeSingle-family
NeighborhoodWest Woodland
Bedrooms3
Bathrooms3
Days on Prevu10
Taxes$8,792.28/year
Size2,500 sqft
Price per sqft$340
Amenities
Dishwasher
Washer/Dryer
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
06/06/2026
Listed by AgencyOne
$850,000
Property Details for 1409 NW 54th Street
Exterior
Construction
Property Condition: Fair
Roof: Composition
Structure Type: House
Year Built: 1910
Construction Materials: Wood
Exterior Features: Wood
Features
Direction Faces: North
View: Territorial
Measurements
Building Area Total: 2,500
Building Area Units: Square Feet
Lot Features: Adjacent To Public Land, Curbs, Paved, Sidewalk, Value In Land
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 3 bathrooms in this single-family home at 1409 NW 54th Street.
What schools are nearby to 1409 NW 54th Street?
Nearby schools include the West Woodland Elementary School, Hamilton Mid Middle School, and Ballard High.
What are the annual taxes for 1409 NW 54th Street?
Annual taxes for this single-family home are estimated at $8,792.
How does 1409 NW 54th Street compare to other single-family homes in West Woodland?
This single-family home is listed 4% below the average price for single-family homes in West Woodland and has been on the market for 22 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,500 sqft.
1409 NW 54th Street is a 3-bedroom, 3-bath single-family home for sale in Seattle WA 98107. On Prevu for 10 days at $850,000. This home features 2,500 square feet of living space, located in West Woodland. The median listing price for single-family homes in this area is $895,950. Nearby schools include West Woodland Elementary School, Hamilton Mid Middle School, and Ballard High. The home offers dishwasher, pets allowed, parking, and washer/dryer. Explore more single-family home listings in Seattle.
Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.