547 S Sullivan Street, Seattle, WA 98108

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: autumn allen
Office: inspire realty
MLS#:2584800
Source:NWMLS
547 S Sullivan Street,Seattle, WA 98108
$625,000
  • - Beds
  • - Baths
  • 1,250 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$625,000
  • Price per sq. ft.:$500

About this home

Exceptional duplex investment or house-hacking opportunity featuring a 6.5% Cap Rate and strong immediate cash flow in an area already transformed. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped street, this unique property comprises two fully detached, well-maintained cottages with zero shared walls. The tenants love the privacy and have been there since 2022. The spacious 2-bedroom front unit and the 1-bedroom rear unit complete with a private double driveway and new security gate—generate a combined gross income of over $4000 per month. Boasting an effective year built of 2022, the turnkey asset features updated paint, flooring, and appliances, while offering a massive future development play surrounded by new townhomes. Seller is executing 1031 exchange. Schedule your tour today!

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Home facts

  • Year built:1905
  • Subdivision & Development:South Park
  • Listing ID #:2584800
  • Updated:September 25, 2026 at 12:34 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:$625,000
  • Price per sq. ft.:$500
  • Tax amount:$4,728 (2025)

Features and amenities

  • Amenities:High Speed Internet

Parking

  • Total parking spaces:4
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