554 Prospect St
Seattle WA 98109

554 Prospect Steet

554 Prospect St Seattle WA 98109

Listing #: 694998 | Status: Available | Last Modified: 4/16/2026 |

For Sale
Casey Zejdlik
Michael Lyford
Reed Curtis
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,950,000.0
  • $/SF$ 344.8
  • $/Unit$ 1,950,000.0
  • Listing StatusAvailable
  • Days on Market397
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.52 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units5
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5656
  • Net Rentable Area5656
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF5227
  • Acres0.12
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address558 Prospect St
  • Cross Street
  • Market AreaQueen Anne/Magnolia
  • Tax ID #5457801955
  • Additional Parcels5457801956
  • ZoningLR3(M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces5
  • Total Parking Spots5
  • Parking Ratio
Construction
  • Year Built1909
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

554 Prospect Street

Public Comments

We are pleased to present the outstanding opportunity to acquire the 554 Prospect Apartments (“the Property”), an apartment property located in Seattle's Queen Anne neighborhood. Located in the charming and highly sought-after Queen Anne neighborhood, 554 Prospect consists of one studio, 2 two-bedrooms, and 2 two bedroom + den units. Originally built in 1909, the Property underwent a fully-permitted studs-out renovation in 2013, significantly upgrading its features and systems to compete with the best rental options in the submarket. Units include in-unit washers and dryers and come with a complementary storage unit. The studio is the only unit that utilizes the common laundry located in the unfinished basement area. Nestled in the heart of Queen Anne, one of Seattle’s most popular neigh

Listing Images