801 NW 54th Street Seattle, WA 98107
Listing Courtesy of: MLS LogoNorthwest MLS / Compass

  801 NW 54th Street Seattle, WA 98107

Active (2 Days)
$3,200,000 (USD)

Description

Gilman Park Plaza - Current Cap of 5.87% 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.

MLS #:
2445525
Taxes
$25,238(2025)
Lot Size
8,800 SQFT
Type
Multifamily
Year Built
1954
Style
10+ Units
School District
Seattle
County
King County
Community
Ballard

Listed By

Erich Bubbel, Compass
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 17 2025 at 7:57 PM GMT+0000
Bathroom Details
Subdivision
  • Ballard
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: See Remarks
Heating and Cooling
  • Forced Air
Flooring
  • Laminate
  • Vinyl Plank
Exterior Features
  • Brick
  • Metal/Vinyl
  • See Remarks
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 10/17/25 12:57. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.