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547 S Sullivan Street, Seattle, WA 98108

Seattle
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: autumn allen
Office: inspire realty
MLS#:2432506
Source:NWMLS
547 S Sullivan Street,Seattle, WA 98108
$640,000
  • - Beds
  • - Baths
  • 1,250 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$640,000
  • Price per sq. ft.:$512

About this home

Motivated Seller Offering $15,000 in Buyer Incentives (rate buy down, CC, or improvements). This is a cash flowing, fully occupied, well-maintained investment asset. Tenants enjoy their privacy with individual cottages versus a shared-wall traditional duplex. The units have been updated with newer paint, flooring, appliances, and fencing. Access to the front 2 bed 1 bath roomy cottage is on a dead end quiet street, and the back 1 bed 1 bath spacious cottage has it's own private double driveway w/ a new rolling security gate. The area has been drastically redeveloped for fresh neighborhood curb appeal! Fantastic opportunity awaits the savvy investor or house hacker w/ this low-risk, income-producing asset. Established rental history, on time tenants, significant upside potential with the automatic 5% rent increase in May 2026 PLUS last lot left to develop. Seller will be doing a 1031 to purchase units closer to his residence. Easy to show w/ 48 hour notice! Make an offer - Seller will...

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Home facts

  • Year built:1905
  • Listing ID #:2432506
  • Updated:March 18, 2026 at 10:58 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:$640,000
  • Price per sq. ft.:$512
  • Tax amount:$4,728 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Uncovered Space(s) : 2
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of March 18, 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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