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547 S Sullivan Street Seattle, WA $ 645,000
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$ 645,000 Get more info
547 S Sullivan Street
$ 645,000
Back to search
Share Save

547 S Sullivan Street

Seattle, WA, 98108
$ 645,000
Baths0.0 Sq 1,250

Monthly Estimate*

$ 4,024

Listed by Inspire Realty
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Studio

Multi-Family Home for sale in Seattle, WA

for $645,000. This 1,250 square foot home was built in 1905 on a lot size of 0.1033.

New Price, $5000 Buyer Bonus, Motivated Seller! Welcome to an exceptional investment that perfectly balances strong immediate cash flow with significant redevelopment upside. This property features two fully-rented, well-laid-out units—a front 2 bed/1 bath unit and a charming rear 1 bed/1 bath cottage—nestled on a quiet dead-end street with a fenced lot and rare ample parking. These properties are in solid condition with refreshed paint, updated finishes, and new fencing, the ideal setup for an investor entering the market at an affordable price, or an owner-occupant looking to "house hack" by living in one unit and renting the other. Don't miss this enticing blend of immediate return and future potential! Annual income is over $45,000!

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Multi-Family Active

Price

$ 645,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,728

Style

Duplex

Lot Size

0.1033

Year Built

1905

Town/City

Seattle

County/Region

King

MLS | Web ID

2432506
Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Fully Fenced
Year Built 1905
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 37405
Insurance Expense 1264
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Park
Special Listing Conditions None
Status Active
Directions Heading E on Cloverdale then take a L of 5th Ave S then R on S Sullivan St. Nice Private dead end street.
City Seattle
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 140 - West Seattle
Lot Size Units Square Feet
Lot Size Square Feet 4500
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 4728
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks New Price $5000 Buyer Bonus Motivated Seller! Welcome to an exceptional investment that perfectly balances strong immediate cash flow with significant redevelopment upside. This property features two
Leasable Area 1250
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2457
Property Style 52 - Duplex
Cap Rate 6.5
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Exterior
Exterior Amenities Cement Planked
Lot Features Alley Curbs Dead End Street Paved Secluded Sidewalk
Water Source Public
Total Parking 2
Building Area Total 1250
Lot Size Acres 0.1033
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Fully
Parking Uncovered Spaces 2
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2432506
Street Number 1 547
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* Excluded Features
List By
Autumn Allen

Listing Agent

Inspire Realty

Broker

Affordability Calculator

$4,418
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,024
Monthly Property Taxes
$394
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/7/2025$645,000 -4.44% Price Down
10/24/2025$675,000 -1.46% Price Down
9/11/2025$685,000 Listed Price

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547 S Sullivan Street, Seattle, WA, 98108 is a Multi-Family Home for sale at $645,000 with 1,250 sqft and a lot size of 0.1033. 547 S Sullivan Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 98108 which is in Seattle, WA

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