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801 NW 54th St
Seattle, WA 98107 West Woodland

$2,980,000 USD

Apartments For Sale  •  6,750 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,750 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 6.33 %
  • Zoning LR2 (M)
52 Transit Score
86 Walk Score

Highlights

15 one-bedroom / one-bath units and 1 two-bedroom / one-bath unit
Coin-operated laundry for additional income Extra on-site storage for tenants
Seven parking spaces (currently uncharged)
Updated sewer lines
New roof completed in 2024
Excellent Ballard location near shops, dining, and major transit routes

Property Flyers

Financial Summary (Actual)

Net Operating Income: $188,537 USD (2025)
Cap Rate: 6.33 %
Total Expenses: $76,433 USD

Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Online Services
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit) 15 min - 6.9 mi
AirportDriveWalkDistance
Seattle-Tacoma International 34 min - 18.4 mi
Seattle Paine Field International 36 min - 20.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Corey Crain 425-422-7931 Keller Williams Commercial Real Estate
Corey Crain 425-422-7931 Keller Williams Commercial Real Estate