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Listed by: Dea Sumantri (206) 773-2680 , Candice Chevaillier (206) 773-2696 | Lee & Associates Commercial RE (206) 773-2696
$2,250,000
Monthly Est:$11,199
12 Beds
- 6 Baths
--sqft
1544 NW 53rd Street, Seattle, WA 98107
$2,250,000
$11,199/moEst:
Get Pre-Approved
Multi Family
Built in 1982
$-- HOA
5,000 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 1:15 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2581844

Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1982
HOA Fees
-
Finished Area
- sqft
Lot Size
5,000 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2581844
MLS Status
Active
Days on Market
21
Cumulative Days on Market
20

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Flooring
Vinyl Plank
Exterior Features
Cement/concrete
Sewer
Sewer Connected
Heating
Baseboard
Cooling
None
Construction
Year Built
Year Built: 1982
Home type
Multi Family
Roof
Flat
Property Condition
Very Good
Foundation Details
Poured Concrete
Construction Materials
Cement
Other Features
Lot Features
Paved, Sidewalk
Subdivision Name
Ballard
Price History
| Date | Event | Price |
|---|---|---|
09/11/2026 Source: | Listed for Sale | $2,250,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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