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$599,580 -$25,420 (-4.07%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 23 hours ago

Listed by Autumn Allen | Inspire Realty | (253) 365-1778

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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!

Full Property Details for 547 S Sullivan St

General

  • Price: $599,580
  • Taxes: $4,728 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2584800
  • Updated: 10/2/2026
  • Added to Site: 12 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Fenced-Fully, High Speed Internet
  • Security/Safety: Fully Fenced

Parking

  • Uncovered Spaces: 4

Location

  • Area: 140 - West Seattle
  • County: King
  • Subdivision: South Park
  • Driving Directions: Heading E on Cloverdale, then take a L of 5th Ave S, then R on S Sullivan St. Nice Private dead end street.

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Cement Planked
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,250
  • Year Built: 1905
  • Property Condition: Very Good

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1033
  • Lot Size (Sq. Ft.): 4,500
  • Lot Size Source: Public Record
  • Lot Features: Alley, Curbs, Dead End Street, Paved, Secluded, Sidewalk

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $4,728
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, State Bond, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7883600700

Listed by Autumn Allen | Inspire Realty | (253) 365-1778

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Schools serving 547 S Sullivan St

School District:Seattle School District
NameGradesDistance
Concord Elementary School
723 South Concord Street, Seattle, WA 98108
K-50.3 mi
Denny Middle School
2601 SW Kenyon St, Seattle, WA 98126
6-81.9 mi
Chief Sealth High School
2600 SW Thistle, Seattle, WA 98126
9-121.9 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 547 S Sullivan St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2026
Price Reduced
$599,580
-4.07%
MLS
9/21/2026
Listed
$625,000
-1.96%
MLS
7/19/2022
Sold
$637,500
—
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 547 S Sullivan St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,038
7%
$435,000
-1%
2024
$4,728
13%
$439,000
4%
2024
$4,183
6%
$423,000
—
2022
$3,946
16%
$423,000
21%
2021
$3,414
—
$351,000
11%
2021
$3,414
4%
$317,000
2%
2020
$3,292
8%
$310,000
-3%
2019
$3,041
6%
$319,000
22%
2018
$2,874
16%
$262,000
13%
2017
$2,477
-2%
$232,000
-1%
2016
$2,528
13%
$235,000
11%
2015
$2,228
-8%
$211,000
—
2014
$2,414
—
$211,000
—
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 Autumn Allen | Inspire Realty | (253) 365-1778

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547 S Sullivan Street, Seattle, WA 98108 (MLS# 2584800) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 547 S Sullivan Street is currently listed for $599,580 and was received on September 21, 2026. Want to learn more about 547 S Sullivan Street? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

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