547 S Sullivan Street Seattle WA 98108 MLS #NWM2432506

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Listing Provided Courtesy of Inspire Realty
New Price, $5000 Buyer Bonus, Motivated Seller! Welcome to an exceptional investment that perfectly balances strong immediate cash flow with significant redevelopment upside. This property features two fully-rented, well-laid-out units—a front 2 bed/1 bath unit and a charming rear 1 bed/1 bath cottage—nestled on a quiet dead-end street with a fenced lot and rare ample parking. These properties are in solid condition with refreshed paint, updated finishes, and new fencing, the ideal setup for an investor entering the market at an affordable price, or an owner-occupant looking to “house hack” by living in one unit and renting the other. Don’t miss this enticing blend of immediate return and future potential! Annual income is over $45,000!
Current real estate data for Multi Family in Seattle as of Nov 07, 2025
197
Multi Family Listed
94
Avg DOM
449
Avg $ / SqFt
$2,012,905
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
Secluded140 – West Seattle140westseattleSouth ParkSeattle

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

Net Operating Income
$37,405
Tax Year
2025
Taxes
$4,728

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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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