547 S Sullivan Street Seattle, WA $ 599,580
547 S Sullivan Street
$ 599,580
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547 S Sullivan Street

Seattle, WA, 98108
$ 599,580
Bedrooms3 Baths2.0 Sq 1,250

Monthly Estimate*

$ 4,141

Listed by Inspire Realty
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Multi-Family Home for sale in Seattle, WA

for $599,580 with 3 bedrooms and 2 full baths. This 1,250 square foot home was built in 1905 on a lot size of 0.1033.

New Price! Best priced duplex within 5 miles grossing over $4000 in monthly revenue with loyal happy tenants. Enjoy owning this income-producing low-maintenance asset or house-hack your way to financial freedom by living in one of the cottages. South Park has massively transformed with attractive townhomes surrounding and walkable amazing coffee shops like Little Jaye and local eateries. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped 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 double driveway facing gorgeous townhomes and new driveway rolling gate. With 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. Back Rear Cottage has brand new Washer & Dryer. Seller is executing 1031 exchange. Schedule your tour today!

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Multi-Family Active

Price

$ 599,580

Bedrooms

3

Full Bath

2

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

2584800

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1905
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 39695
Insurance Expense 1264
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
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
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 Conventional FHA State Bond VA Loan
Tax Annual Amount 4728
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks New Price! Best priced duplex within 5 miles grossing over $4000 in monthly revenue with loyal happy tenants. Enjoy owning this income-producing low-maintenance asset or house-hack your way to financ
Leasable Area 1250
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2457
Property Style 52 - Duplex
Cap Rate 6.25
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Exterior
Exterior Amenities Cement Planked
Lot Features Alley Curbs Dead End Street Paved Secluded Sidewalk
Water Source Public
Total Parking 4
Foundation Details Pillar/Post/Pier
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 High Speed Internet
Parking Uncovered Total 4
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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 NWM2584800
Street Number 1 547
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* Excluded Features
List By
Autumn Allen

Listing Agent

Inspire Realty

Broker

autumn@luxsolarisrealty.com

Email

Affordability Calculator

$4,535
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,141
Monthly Property Taxes
$394
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/2/2026$599,580 -4.07% Price Down
9/21/2026$625,000 Listed Price

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547 S Sullivan Street, Seattle, WA, 98108 is a Multi-Family Home for sale at $599,580 with 1,250 sqft and a lot size of 0.1033. 547 S Sullivan Street has 3 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 98108 which is in Seattle, WA