547 S Sullivan Street Seattle WA 98108 MLS #NWM2432506
REDUCED RATE as low as 4.99% (APR 5.431%) thru List & Lock Buyer Loan Program! Fully occupied, cash flowing property on a dead-end street that has been redeveloped for fresh neighborhood curb appeal! Longtime tenants love the extra privacy that the detached double cottage provides compared to a traditional shared-wall duplex. The front property is a large 2 bed 1 bath cottage with free parking, fresh paint, newer appliances, and a large living room. The back cottage is a unique 1 bed 1 bath layout with a large central kitchen and living room, completely private free double driveway parking with a heavy duty rolling gate for a completely fenced property. Fantastic opportunity awaits the savvy investor or house hacker w/ this low-risk, income-producing asset. Established rental history and significant upside potential with the automatic 5% rent increase in May 2026 and last lot left to develop. The seller-paid rate buydown reduces the buyer’s interest rate and monthly payment. Must use CMG home loans to take advantage of this excellent offer. Terms apply. Rate lock available with full price offer. Seller will be doing a 1031 to purchase a 8plex closer to his residence. Easy to show with 48 hour appt notice!
Current real estate data for Multi Family in Seattle as of Feb 13, 2026
149
Multi Family Listed
107
Avg DOM
449
Avg $ / SqFt
$2,213,406
Avg List Price
Property Details
Price:
$645,000
MLS #:
NWM2432506
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Subdivision:
South Park
Neighborhood:
140westseattle
Listed Date:
Sep 11, 2025
Finished Sq Ft:
1,250
Total Sq Ft:
1,250
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1905
Units:
2
Schools
School District:
Seattle
Interior
Cooling
None
Flooring
Vinyl, Vinyl Plank, Carpet
Heating
Wall Unit(s)
Exterior
Construction Materials
Cement Plank
Exterior Features
Cement Planked
Parking Spots
2
Roof
Composition
Security Features
Fully Fenced
Financial
Tax Year
2025
Taxes
$4,728
Map
Contact Us
Mortgage Calculator
Community
- Address547 S Sullivan Street Seattle WA
- SubdivisionSouth Park
- CitySeattle
- CountyKing
- Zip Code98108
Property Summary
- Located in the South Park subdivision, 547 S Sullivan Street Seattle WA is a Multi Family for sale in Seattle, WA, 98108. It is listed for $645,000 To schedule a showing of MLS#nwm2432506 at 547 S Sullivan Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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Listing courtesy of Inspire RealtyThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID. NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Feb-13-2026 12:16:31 am. © 2026 NWMLS.
547 S Sullivan Street
Seattle, WA



