Rockhood
$599,580List price
Active

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 School
SchoolDigger 2 stars · Top 54% in WA

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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.