547 S Sullivan Street, Seattle, WA 98108

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: autumn allen
Office: inspire realty253-365-1778
MLS#:2584800
Source:NWMLS
547 S Sullivan Street,Seattle, WA 98108
$594,000
  • - Beds
  • - Baths
  • 1,250 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$594,000
  • Price per sq. ft.:$475.2

About this home

Rate buy down + Solid cash flowing duplex with DSCR around 1.135 in the recently re-developed LR3(m) zoned South Park area. Brand New Interior Paint in Front 2bed1bath unit. Brand new W/D in back unit. Both roofs have been cleaned with no leaks. This is one of the last properties to develop! Near $4000 in monthly revenue with loyal happy tenants. Enjoy owning this income-producing low-maintenance asset or house-hack by living in one of the cottages. South Park has massively transformed with attractive townhomes surrounding, walkable amazing coffee shops like Little Jaye and local eateries. Situated on a 4,500 fully fenced private dead end street, this unique property boast two independent cottages with ZERO shared walls and separate meters making utilities a breeze. The tenants love the privacy and have been there since 2022. The spacious front cottage features an open 2 Bed 1 Bath + Living Room plus free easy parking front and the rear 1-bedroom rear unit is complete with a private...

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Home facts

  • Year built:1905
  • Subdivision & Development:South Park
  • Listing ID #:2584800
  • Updated:November 13, 2026 at 01:41 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor, Vinyl Plank
  • Living area:1,250 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1905
  • Building area:1,250 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Alley, Curbed Lot, Dead-end Street, Paved, Secluded, Sidewalk
  • Construction Materials:Cement Planked
  • Exterior Features:Fenced-Fully

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$594,000
  • Price per sq. ft.:$475.2
  • Tax amount:$4,728 (2025)

Features and amenities

  • Amenities:High Speed Internet

Parking

  • Total parking spaces:4
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 13, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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