Seattle, WA 98108 547 S Sullivan Street
$685,000
13 more
Presented By: Inspire Realty and NWMLS
- MLS# 2432506
- 09/11/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,250
Home Details
Adorable 2 units are turn key, fully rented, w/great cash flow. It is also 1 of the last 2 last parcels in the neighborhood awaiting new development (LR3 Zoning). The front property is a cozy 2b 1ba & the back has a 1b 1ba Cottage. Both are updated, well laid out, w/appliances. Units have fresh paint, & new fencing. Dead-end street w/ plentiful parking. Adjacent 551 Sullivan St is also for sale, making this a fantastic investment w/side by side properties. Beautiful South Park is nestled between West Seattle and Georgetown with its own ecosystem of breweries, restaurants, library & parks. Walk to it all. Enjoy the cash flow or get paid during permitting and build! Builders Capital offers fantastic funding!
Presented By: Inspire Realty and NWMLS
Interior Features for 547 S Sullivan Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories1
General for 547 S Sullivan Street
Building Area UnitsSquare Feet
Cap Rate5.5
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsHeading E on Cloverdale, then take a L of 5th Ave S, then R on S Sullivan St. Nice Private dead end street.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictSeattle
Insurance Expense1264
Leasable Area1250
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet4500
Lot Size UnitsSquare Feet
MLS Area140 – West Seattle
ModificationTimestamp2025-09-11T21:43:12.987Z
NWM_ShowMapLinkY
Net Operating Income37405
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
PossessionClosing
Property ConditionVery Good
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAdorable 2 units are turn key, fully rented, w/great cash flow. It is also 1 of the last 2 last parcels in the neighborhood awaiting new development (LR3 Zoning). The front property is a cozy 2b 1ba &
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSouth Park
Tax Annual Amount4728
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water Sewer Garbage2457
Year Built1905
Exterior for 547 S Sullivan Street
Building Area Total1250
Covered Spaces
Exterior AmenitiesCement Planked
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Dead End Street, Paved, Secluded, Sidewalk
Lot Size Acres0.1033
Parking Uncovered Spaces2
Site FeaturesFenced-Fully
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®