547 S Sullivan Street · Seattle, WA 98108
Source: NWMLS · Inspire Realty · Autumn Allen #NWM2584800
About this home
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!
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 1 story
- Condition
- Very Good
- Year built
- 1905 (renovated 2022)
- Building area
- 1,250 sq ft
- Lot size
- 4,500 sq ft (0.1 acres)
- County
- King
- MLS #
- NWM2584800
Interior
- Heating
- Wall Furnace
- Cooling
- None
- Flooring
- Vinyl, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Cement Planked
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Lot features
- Alley, Curbs, Dead End Street, Paved, Secluded, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- South Park
- Property tax
- $4,728 (2025)
Transaction
- Original list price
- $625,000 (4.1% price cut)
- Listed on
- Sep 21, 2026
- Days active
- 45
- Listing terms
- Cash, Conventional, FHA, State Bond, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2022-07-25
- Sold$625,000
- 2015-01-23
- Sold$157,500
- 2003-06-10
- Sold$147,975
Schools
School district: Seattle
- High
- Chief Sealth International High SchoolSchoolDigger 2 stars · Top 54% in WA

Listing provided courtesy of: Inspire Realty
Listing agent: Autumn Allen.
Based on information submitted to the MLS GRID as of —. 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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-10-02.