Active
Listed by Joseph Lau • Agency One.
FOR SALE
$850,000
Est. $4,289/mo3 bd•2 ba•2,500 sq ft
1409 Nw 54th Street, Seattle, WA 98107
• Listed 2026-06-06•New today
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About this home
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.
Property type
Single Family
Year built
1910
Interior
2,500 sq ft
Open houses
No upcoming open houses scheduled for this property.
Around this home
RexMont Market Signal©
$1,255,000
+$405,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $900K and $1.68M.
Rental earnings
$3,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Viewing 1 of 5
$1,273,000Last sold price
4 beds3 baths3,000 sq ft
6542 4th Avenue Nw, Seattle, WA 98117
$424/sq ft0.9 mi away
$1,100,000Last sold price
3 beds2 baths2,700 sq ft
809 N 50th Street, Seattle, WA 98103
$407/sq ft1.2 mi away8 years older
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
RexMont OfferEdge™
How much should you offer?
1409 Nw 54th Street, Seattle, WA 98107
List price
$850,000
Down payment
$170,000
Consult a RexMont agent — Contact me now
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Dbl Pane/Storm Window
- None basement
Kitchen
- Dishwasher
- Disposal
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 3 bedrooms total
Bathrooms
- 2 full bathrooms
Flooring
- Vinyl
- Vinyl Plank
Heating & cooling
- Forced Air heating
- None cooling
Neighborhood mobility
Walk, bike & transit scores
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$5,235 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 7, 2026 at 11:27am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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