1544 NW 53rd ST, Seattle, WA 98107
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1544 NW 53rd ST, Seattle, WA 98107
1544 NW 53rd ST, Seattle, WA 98107
1544 NW 53rd ST, Seattle, WA 98107
1544 NW 53rd ST, Seattle, WA 98107
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Jeremy Briggs

Jeremy Briggs

+1(206) 247-5058
Listed by:Lee & Associates Commercial RE • Dea Sumantri
$ 2,250,000
Est. payment /mo
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1544 NW 53rd ST Seattle, WA 98107

12 Beds

6 Baths

5,000 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Ballard

MLS Listing ID 2581844

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1982

Annual Tax Amount $21,782

Lot Size 5,000 Sqft

Property Sub-Type Multi Family

Property Description

We are pleased to present this well-maintained 6-unit apartment property in Ballard, one of Seattle's most established and desirable rental markets. Built in 1982 and offered for sale for the first time by the family of the original builder, the property combines durable construction, spacious 2-bedroom floor plans, desirable resident amenities, and identifiable renovation upside. The property is comprised entirely of 2-bedroom, 1-bath corner units featuring in-unit W/D, fireplaces, private balconies, dining areas, dishwashers, refrigerators, ranges, and wood flooring. A common area provides secure resident storage, an additional laundry set, and a 1/2 bath, with potential for conversion to an additional unit (buyer to verify). 6 parking spaces are provided, 5 of which are covered. Ownership began renovating interiors in 2021, with 3 of the 6 units remodeled to date. The remaining apartments retain classic finishes, providing a clear opportunity to continue the renovation program and capture additional rental upside. Building systems include copper plumbing and Crouse-Hinds electrical panels, and a full roof replacement was completed in August 2026. Located in the heart of Ballard, along with recent capital improvements, an all 2-bedroom unit mix, in-unit laundry, covered parking, and a straightforward value-add strategy, the property offers investors an attractive combination of current income, renovation potential, and long-term appreciation.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete

View Y/N Yes

View City

Roof Type Flat

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1676265-sale&address=1544-NW-53rd-St&officeId=2085

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Jeremy Briggs

Jeremy Briggs

Real Estate Advisor License ID: 134661

+1(206) 247-5058

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1544 NW 53rd ST