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801 NW 54th St
Multi-Family
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$2,890,000

$441/sqft

801 NW 54th St, Seattle

Great $/sqft
17 bd·16 ba·6,560 sqft
Built 19548,799 sqft lotBallard

801 NW 54th St, Seattle, WA

17 bd · 16 ba · 6,560 sqft Multi-Family listed at $2,890,000, built in 1954 in the Ballard neighborhood.

About this home

Gilman Park Plaza - Current Cap of 6.46% 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.

Property details

Price
$2,890,000
Bedrooms
17
Bathrooms
16
Interior
6,560 sqft
Price / sqft
$441
Year built
1954
Lot size
8,799 sqft
Type
Multi-Family
Days on market
192
Est. property tax
$26,877/yr · $2,240/mo · 0.93% WA avg
Last sold
$2,747,600 · Jun 2023

Estimated monthly payment

Down payment20% ($578,000)
Interest rate6.75%
Principal & Interest$14,996
Property Tax$2,649
Insurance$150
Total$17,795/mo

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Price history

3%Most recent change on 2026-01-12: $2,980,000$2,890,000.

$3.52M$1.60M$-319K$260K on Sep 78 (Sold)$397K on Jun 81 (Sold)$485K on Feb 90 (Sold)$635K on Nov 96 (Sold)$1.00M on Feb 01 (Sold)$1.33M on Sep 04 (Sold)$1K on Nov 14 (Price change)$1K on Nov 14 (Price change)$1K on Nov 14 (Price change)$1K on Nov 14 (Price change)$2.75M on Jun 23 (Sold)$3.20M on Oct 25 (Initial list)$2.98M on Nov 25 (Price change)$2.89M on Jan 26 (Price change)
$260K · Sep 78$2.89M · Jan 26
  1. Jan 12, 2026$2,890,000Price change
  2. Nov 10, 2025$2,980,000Price change
  3. Oct 16, 2025$3,200,000Initial list price
  4. Jun 1, 2023$2,747,600Sold
  5. Nov 19, 2014$990Price change
  6. Nov 13, 2014$990Price change
  7. Nov 8, 2014$990Price change
  8. Nov 6, 2014$990Price change
  9. Sep 9, 2004$1,333,000Sold
  10. Feb 16, 2001$1,000,900Sold
  11. Nov 1, 1996$635,000Sold
  12. Feb 2, 1990$485,000Sold
  13. Jun 4, 1981$396,940Sold
  14. Sep 1, 1978$260,000Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Home Intelligence

Neighborhood (zip 98107)

This neighborhood is highly educated (40% hold a bachelor's degree). Median age is 34.0; 41% of homes are owner-occupied; median household income is $131,559.

Median income
$131,559
Median age
34.0
Owner-occupied
40.9%
Bachelor's degree
40.4%
Census median home value
$896,300

Source: US Census Bureau American Community Survey 5-year estimates.

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