547 S Sullivan Street, Seattle, WA 98108
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: autumn allen
Office: inspire realty
MLS#:2432506
Source:NWMLS
547 S Sullivan Street,Seattle, WA 98108
$645,000
- - Beds
- - Baths
- 1,250 sq. ft.
- Multi-family
- Active
Price summary
- Price:$645,000
- Price per sq. ft.:$516
About this home
REDUCED RATE as low as 4.99% (APR 5.431%) thru List & Lock Buyer Loan Program! Fully occupied, cash flowing property on a dead-end street that has been redeveloped for fresh neighborhood curb appeal! Longtime tenants love the extra privacy that the detached double cottage provides compared to a traditional shared-wall duplex. The front property is a large 2 bed 1 bath cottage with free parking, fresh paint, newer appliances, and a large living room. The back cottage is a unique 1 bed 1 bath layout with a large central kitchen and living room, completely private free double driveway parking with a heavy duty rolling gate for a completely fenced property. Fantastic opportunity awaits the savvy investor or house hacker w/ this low-risk, income-producing asset. Established rental history and significant upside potential with the automatic 5% rent increase in May 2026 and last lot left to develop. The seller-paid rate buydown reduces the buyer's interest rate and monthly payment. Must use CMG home loans to take advantage of this excellent offer. Terms apply. Rate lock available with full price offer. Seller will be doing a 1031 to purchase a 8plex closer to his residence. Easy to show with 48 hour appt notice!
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Home facts
- Year built:1905
- Listing ID #:2432506
- Updated:February 12, 2026 at 06:43 PM
Rooms and interior
- Living area:1,250 sq. ft.
Heating and cooling
- Heating:Wall Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1905
- Building area:1,250 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$645,000
- Price per sq. ft.:$516
- Tax amount:$4,728 (2025)
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