Off market since Sep 2026

The Story

1409 Northwest 54th Street

Seattle, WA 98107 · Home

Investor Alert! Turnkey opportunity with immediate cash flow and future developmentpotential. This fully occupied Duplex (Studio + 1Bed 1Bath) + ADU (2 Bed 1 Bath) property generates stable rental income from day one, with all units leased. Situated on II U/125-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent extensive updates in 2016 including major interior improvements and appliance replacements. Interior has been exceptionally well-maintained w/ responsible tenants. A rare opportunity to acquire a well-maintained, income-producing property today while securing future development potential for tomorrow.


Facts & Features

Property Info

Price
$850,000
Completion Year
1,910
Living Space
2,500 sq ft
Bedrooms
3
Bathrooms
3

Features & Amenities

Heating

Electric, Natural Gas, Forced Air

Appliances

Dishwasher, Dryer, Refrigerator, Disposal, Washer

Flooring

Vinyl

Roof

Composition

Lot Information

Level, Paved

Water Source

Public

Listing Broker

AgencyOne

Broker Name

AgencyOne

Agent

Joseph Lau

Location

Redmond WA 98052