$850,000
Est. $4,374/mo3 bd•2.75 ba•2,500 sq ft
1409 Nw 54th Street, Seattle, WA 98107
• Listed 2026-06-06•17 days on market
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Based on information submitted to the MLS GRID as of July 31, 2026 at 10:57pm (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.
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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 • Agency One
Listing updated: July 31, 2026 at 10:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2536370
Open houses
No upcoming open houses scheduled for this property.
$1,463,000
+$613,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $850K and $1.32M.
Rental earnings
$4,400/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,100,000Last sold price
602 Nw 49th Street, Seattle, WA 98107
$850,000Last sold price
615 Nw 48th Street, Seattle, WA 98107
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.
1409 Nw 54th Street, Seattle, WA 98107
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.
Neighborhood mobility
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
$5,320 per month
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
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3%
Over list
—
Days on market
0.5 mi
Distance
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0%
Over list
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Days on market
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Distance
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7 weeks ago
2 bd•2 ba•~1,209 sq ft•Single Family
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0%
Over list
—
Days on market
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Distance
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7 weeks ago
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10%
Under list
—
Days on market
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Distance
$1,100,000 Sold
8 weeks ago
3 bd•3.25 ba•~1,721 sq ft•Single Family
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Under list
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Days on market
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Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
