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JRJeff ReynoldsCompass · Seattle

Listed by Michael O Doyle, Windermere Real Estate Midtown

5,656
Square feet
$323
Per sq ft
Multi Family
Type
1909
Year built
3,813 sq ft
Lot
189
Days on market

About this property

Lower Queen Anne/Uptown: the best/closest neighborhood to downtown Seattle. Great for an owner-operator or remote owner, 554 Prospect is a rarely available, purpose-built and recently renovated, 5-unit workhorse. The location is unparalleled: a burgeoning neighborhood with easy access to a myriad of coffee, bars, restaurants, shopping & entertainment. The 2013-studs-out-renovation includes one studio, two 2-bedrooms, and two 2-bedroom + den homes (convert & use the dens as bedrooms?). Private storage units (all homes) & in-unit laundry (4 homes). Seattle Center, Climate Pledge, South Lake Union, and the top of Queen Anne are moments away. With an 84 ("Very Walkable") Walkscore, 554 Prospect is a great addition (or start) to your portfolio.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2462772
Listed
January 5, 2026
Days on market
189
Price per sq ft
$323
Original list price
$1,950,000

Unit & building

Stories in building
2
Units in building
5

Views

View
Territorial

Construction

Year built
1909
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileEngineered HardwoodVinylCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
3,813 sq ft

Terms

Terms offered
Cash

Utilities

Water
SPU
Sewer
SPU
Power
Seattle City Light

Schools

District
Seattle
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Multi Family
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Ceramic Tile
  • Engineered Hardwood
  • Vinyl
  • Carpet
  • Curbs

Listing history

  1. Listed

    $1,950,000

    January 5, 2026

  2. Current price

    $1,825,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$10,627

Principal & interest
$9,228
Property tax (est.)
$1,399

Assumes $365,000 down (20%), a $1,460,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.