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554 Prospect St
Multi-Family
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$1,950,000

$345/sqft

554 Prospect St, Seattle

Great $/sqft
8 bd·5 ba·5,656 sqft
Built 19093,811 sqft lotQueen Anne

554 Prospect St, Seattle, WA

8 bd · 5 ba · 5,656 sqft Multi-Family listed at $1,950,000, built in 1909 in the Queen Anne neighborhood.

About this home

Lower Queen Anne/Uptown: the best/closest neighborhood to downtown Seattle. Great for an owner-operator or remote owner, 554 Prospect is a rarely available, purpose-built and recently renovated, 5-unit workhorse. The location is unparalleled: a burgeoning neighborhood with easy access to a myriad of coffee, bars, restaurants, shopping & entertainment. The 2013-studs-out-renovation includes one studio, two 2-bedrooms, and two 2-bedroom + den homes (convert & use the dens as bedrooms?). Private storage units (all homes) & in-unit laundry (4 homes). Seattle Center, Climate Pledge, South Lake Union, and the top of Queen Anne are moments away. With an 84 ("Very Walkable") Walkscore, 554 Prospect is a great addition (or start) to your portfolio.

Property details

Price
$1,950,000
Bedrooms
8
Bathrooms
5
Interior
5,656 sqft
Price / sqft
$345
Year built
1909
Lot size
3,811 sqft
Type
Multi-Family
Days on market
110
Est. property tax
$18,135/yr · $1,511/mo · 0.93% WA avg
Last sold
$1,270,000 · Nov 2011

Estimated monthly payment

Down payment20% ($390,000)
Interest rate6.75%
Principal & Interest$10,118
Property Tax$1,788
Insurance$150
Total$12,056/mo

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Price history

$2.08M$1.30M$521K$651K on Jan 04 (Sold)$1.27M on Nov 11 (Sold)$1.95M on Jan 26 (Initial list)
$651K · Jan 04$1.95M · Jan 26
  1. Jan 5, 2026$1,950,000Initial list price
  2. Nov 30, 2011$1,270,000Sold
  3. Jan 2, 2004$651,000Sold

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 98109)

This neighborhood is highly educated (41% hold a bachelor's degree) and is primarily renter-occupied (22% owner-occupied). Median age is 32.1; median household income is $124,408.

Median income
$124,408
Median age
32.1
Owner-occupied
21.9%
Bachelor's degree
41.1%
Census median home value
$941,100

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

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