547 S Sullivan Street, Seattle, WA 98108 (MLS # 2584800)
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Listing provided courtesy of Northwest MLS; Inspire Realty
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Exceptional 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 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. Book tour today!
| LAST UPDATED | 9/21/2026 | TRACT | South Park |
|---|---|---|---|
| YEAR BUILT | 1905 | COMMUNITY | South Park |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 140 - West Seattle |
| CONSTRUCTION | Cement Siding |
| HEAT | Electric, Natural Gas, Wall Furnace |
| LOT | 4500 sq ft |
| LOT DESCRIPTION | Alley, Curbs, Dead End Street, Paved, Secluded, Sidewalk |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | South Park |
| TAXES | 4728 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/21/26 9:32 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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