Prepared by https://www.commercialmls.com
554 Prospect St Seattle WA 98109
Listing #: 694998 | Status: Available | Last Modified: 4/16/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 5.52 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 5 |
| Total Building SF | 5,656 SF |
| Net Rentable Area | 5,656 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 5,227 SF |
| Acres | 0.12 |
| Year Built | 1909 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Second Address | 558 Prospect St |
| Market Area | Queen Anne/Magnolia |
| Tax ID # | 5457801955 |
| Zoning | LR3(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 5 |
| Total Parking Spots | 5 |
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
554 Prospect Steet
554 Prospect St Seattle WA 98109
Listing #: 694998 | Status: Available | Listing Date: 4/1/2025 | Last Modified: 4/16/2026 | Email Listing





