Located in the heart of Queen Anne, 554 Prospect offers a rare opportunity to own a fully-renovated five-unit building in one of Seattle’s most desirable neighborhoods. The unit mix includes one studio, two 2-bedrooms, and two 2-bedroom + den layouts, each upgraded in a 2013 studs-out renovation. Modern amenities include in-unit laundry and private storage units. Walkable to Seattle Center, the Space Needle, and vibrant retail, with easy access to Downtown, South Lake Union, and Hwy 99. This charming asset blends historic character with strong income potential in a highly walkable, high-demand rental market.
Active
Listed by:
Samantha Shelton,
SJA Real Estate
$1,950,000
554 Prospect Street, Seattle, WA 98109
8beds
9baths
5,656sqft
Est.:
Multi Family
Built in 1909
-- sqft lot
$-- Zestimate®
$345/sqft
$-- HOA
What's special
Modern amenitiesPrivate storage unitsIn-unit laundry
- 57 days
- on Zillow |
- 410 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 09:28am
Listed by:
Samantha Shelton,
SJA Real Estate
Source: NWMLS,MLS#: 2380847

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
Heating
- Forced Air, Electric
Cooling
- None
Features
- Flooring: Hardwood, Carpet
- Has fireplace: No
Interior area
- Total structure area: 5,656
- Total interior livable area: 5,656 sqft
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 3,811.5 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 5457801955
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1909
- Major remodel year: 2013
Utilities & green energy
- Electric: Company: Seattle City Lights
- Sewer: Sewer Connected, Company: SPU
- Water: Public, Company: SPU
Community & HOA
Community
- Subdivision: Queen Anne
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $345/sqft
- Annual tax amount: $14,716
- Date on market: 5/22/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 59 days
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