LISTING DETAILS

554 Prospect Steet

554 Prospect St Seattle WA 98109

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

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate5.52 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units5
Total Building SF5,656 SF
Net Rentable Area5,656 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF5,227 SF
Acres0.12
Year Built1909
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
Second Address558 Prospect St
Market AreaQueen Anne/Magnolia
Tax ID #5457801955
ZoningLR3(M)
Parking Information
#Covered Spaces0
# Uncovered Spaces5
Total Parking Spots5

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

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

For Sale

554 Prospect Steet

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