Active · Residential Income

547 S Sullivan Street , Seattle, WA 98108

Seattle, WA 98108

$599,580

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Inspire Realty · MLS #2584800 · Active

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About this property

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!

Property details

Property type: Multi Family
Year built: 1905
Lot size: 4,500 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $4,728 (2025)
Parking spaces: 4
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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