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Listed by: Autumn Allen (206) 604-3160 | Inspire Realty (253) 365-1778
$625,000
Monthly Est:$3,111
3 Beds
2 Baths
1,250sqft
547 S Sullivan St, Seattle, WA 98108
$625,000
$3,111/moEst:
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Duplex
Built in 1905
$-- HOA
4,500 sqft lot
$500/sq.ft
Description
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!
- Houzeo last checked: 11 hours ago
- Listing updated: October 1, 2026 at 9:13 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2584800
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1905
HOA Fees
-
Finished Area
1,250 sqft
Lot Size
4,500 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2584800
MLS Status
Active
Days on Market
10
Cumulative Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Wall Furnace
Cooling
None
Sewer
Sewer Connected
Flooring
Vinyl, Vinyl Plank, Carpet
Exterior Features
Cement Planked
Construction
Year Built
Year Built: 1905
Home type
Duplex
Roof
Composition
Foundation Details
Pillar/post/pier
Property Condition
Very Good
Construction Materials
Cement Plank
Utilities & Energy
Water Source
Public
Security Features
Fully Fenced
Other Features
Lot Features
Alley, Curbs, Dead End Street, Paved, Secluded, Sidewalk
Subdivision Name
South Park
Price History
| Date | Event | Price |
|---|---|---|
09/21/2026 Source: | Listed for Sale | $625,000 $500/sqft |
07/28/2022 Source: | Price Increased | $625,000 +296.83% $500/sqft |
02/02/2015 Source: | Price Decreased | $157,500 -42.62% $126/sqft |
11/24/2007 Source: | Price Increased | $274,500 +85.50% $220/sqft |
06/21/2003 Source: | Sold | $147,975 $118/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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