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$900,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Car Garage
  • Updated 2 days ago

Listed by Shannon Honingford | Lake & Company | (206) 527-1777

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Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle's South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.

Full Property Details for 1056 S Sullivan St

General

  • Price: $900,000
  • Taxes: $7,215 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2524678
  • Updated: 5/15/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Cable TV, Gas Available, High Speed Internet

Parking

  • Garage Spaces: 3
  • Covered Spaces: 3
  • Uncovered Spaces: 3

Location

  • Area: 140 - West Seattle
  • County: King
  • Subdivision: South Park
  • Building Name: South Park
  • Driving Directions: Google maps

School Information

  • High School District: Seattle
  • Elementary School: Concord
  • Middle School: Denny Mid
  • High School: Cleveland High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Stove/Free Standing

Utilities

  • Sewer: Available

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,040
  • Year Built: 1901
  • Property Condition: Average

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1377
  • Lot Size (Sq. Ft.): 6,000
  • Lot Size Source: Realist
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Zoning: See Remarks

Financial Considerations

  • Tax Amount: $7,215
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7883606735
  • Block: 34
  • Lot Number: 25/26

Listed by Shannon Honingford | Lake & Company | (206) 527-1777

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Schools serving 1056 S Sullivan St

School District:Seattle School District
NameGradesDistance
Concord Elementary School
723 South Concord Street, Seattle, WA 98108
K-50.4 mi
Denny Middle School
2601 SW Kenyon St, Seattle, WA 98126
6-82.3 mi
Chief Sealth High School
2600 SW Thistle, Seattle, WA 98126
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1056 S Sullivan St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Listed
$900,000
293.01%
MLS
7/01/2011
Sold
$229,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1056 S Sullivan St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,215
-4%
$663,000
-6%
2024
$7,499
12%
$707,000
—
2022
$6,706
12%
$707,000
9%
2021
$5,964
—
$649,000
18%
2021
$5,964
10%
$549,000
10%
2020
$5,399
32%
$499,000
23%
2019
$4,098
-6%
$406,000
5%
2018
$4,379
13%
$386,000
10%
2017
$3,874
30%
$351,000
31%
2016
$2,969
8%
$267,000
6%
2015
$2,740
-9%
$253,000
-2%
2014
$3,019
—
$259,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Shannon Honingford | Lake & Company | (206) 527-1777

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Sold by Lara Weasea | Lake & Company

1056 S Sullivan Street, Seattle, WA 98108 (MLS# 2524678) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1056 S Sullivan Street is currently listed for $900,000 and was received on May 15, 2026. Want to learn more about 1056 S Sullivan Street? Do you have questions about finding other Multi-Family real estate for sale in Broadway? You can browse all Broadway real estate or contact a Coldwell Banker agent to request more information.

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