801 NW 54th Street, Seattle, WA 98107

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: erich bubbel, corey crain
Office: compass
MLS#:2445525
Source:NWMLS
801 NW 54th Street,Seattle, WA 98107
$2,890,000
  • - Beds
  • - Baths
  • 6,560 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,890,000
  • Price per sq. ft.:$440.55

About this home

Gilman Park Plaza - Current Cap of 6.46% 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.

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Home facts

  • Year built:1954
  • Listing ID #:2445525
  • Updated:April 26, 2026 at 11:07 AM

Rooms and interior

  • Flooring:Laminate, Vinyl Plank
  • Living area:6,560 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat Roof
  • Year built:1954
  • Building area:6,560 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Corner
  • Construction Materials:Brick Exterior Finish, Metal/Vinyl Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,890,000
  • Price per sq. ft.:$440.55
  • Tax amount:$25,238 (2025)

Parking

  • Total parking spaces:7
  • Parking description:Uncovered Space(s) : 7
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