$2,250,000
Est. $11,687/mo1544 Nw 53rd Street, Seattle, WA 98107
• Listed 2026-09-11•1 day on market
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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.
Listed by Dea Sumantri • Lee & Associates Commercial RE
Listing updated: September 11, 2026 at 04:59pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2581844
1544 Nw 53rd 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.
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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 8 days.
$825,000 Sold
1 week ago
3 bd•3.25 ba•~1,620 sq ft•Single Family
1118 Nw 56th Street #a, Seattle, WA 98107
6%
Under list
—
Days on market
0.3 mi
Distance
$10,800,000 Sold
2 months ago
•Single Family
1433 Nw 64th Street, Seattle, WA 98107
3%
Over list
—
Days on market
0.5 mi
Distance
$729,000 Sold
2 months ago
2 bd•2 ba•~1,209 sq ft•Single Family
945 Nw 61st Street, Seattle, WA 98107
0%
Over list
—
Days on market
0.5 mi
Distance
$4,300,000 Sold
2 months ago
•Single Family
2418 Nw 57th Street, Seattle, WA 98107
10%
Under list
—
Days on market
0.5 mi
Distance
$1,100,000 Sold
3 months ago
3 bd•3.25 ba•~1,721 sq ft•Single Family
1139 Nw 57th Street, Seattle, WA 98107
5%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 11, 2026 at 04:59pm (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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Nearby open houses (1)
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