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

  801 NW 54th Street Seattle, WA 98107

Active (36 Days)
$2,980,000 (USD)
6,560
SQFT
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Description

Gilman Park Plaza - Current Cap of 6.33% 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 Nov 21 2025 at 10:37 PM PST
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

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 09, 2025
Price Changed
$2,980,000
-7%
-$220,000
Oct 16, 2025
Listed
$3,200,000
-
-
Location
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Disclaimer: Based on information submitted to the MLS GRID as of 11/21/25 14:37. All data is obtained from various sources and may not have been verified by RSVP Brokers ERA 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.
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