551 S Sullivan Street Seattle WA 98108 MLS #NWM2432505

MLS #NWM2432505 image #0MLS #NWM2432505 image #1MLS #NWM2432505 image #2MLS #NWM2432505 image #3MLS #NWM2432505 image #4MLS #NWM2432505 image #5MLS #NWM2432505 image #6MLS #NWM2432505 image #7MLS #NWM2432505 image #8MLS #NWM2432505 image #9MLS #NWM2432505 image #10MLS #NWM2432505 image #11MLS #NWM2432505 image #12MLS #NWM2432505 image #13MLS #NWM2432505 image #14MLS #NWM2432505 image #15MLS #NWM2432505 image #16MLS #NWM2432505 image #17MLS #NWM2432505 image #18MLS #NWM2432505 image #19MLS #NWM2432505 image #20MLS #NWM2432505 image #21MLS #NWM2432505 image #22MLS #NWM2432505 image #23
Listing Provided Courtesy of Inspire Realty
This property has it all – location, 3 turn key units, full occupancy, great cash flow. It is also 1 of the last 2 last parcels in the neighborhood awaiting new development (LR3 Zoning). Units are well laid out, sunny, w/appliances. The 2003-built Duplex has (2) 1200sft 3bed/1bath units. Backyard Cottage is adorable 1B1Ba w/ dedicated parking, private yard, large shed. Dead-end street w/ plentiful parking. Adjacent is a large, city-owned lot to enjoy. Beautiful South Park is nestled between W Seattle & Georgetown w/ecosystem of breweries, restaurants, library & parks. Walk it all! Reference 547 Sullivan next door, also for sale. RRIO & Seattle Housing Authority Compliant. Enjoy cash flow or build! Builders Capital offers great funding!
Current real estate data for Multi Family in Seattle as of Sep 16, 2025
195
Multi Family Listed
95
Avg DOM
453
Avg $ / SqFt
$1,891,294
Avg List Price

Property Details

Price:
$1,100,000
MLS #:
NWM2432505
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
South Park
Neighborhood:
140westseattle
Listed Date:
Sep 11, 2025
Finished Sq Ft:
2,760
Total Sq Ft:
2,760
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
2003
Units:
3
Secluded140 – West Seattle140westseattleSouth ParkSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Ceramic Tile, Vinyl, Vinyl Plank, Carpet
Heating
Forced Air, Wall Unit(s)

Exterior

Construction Materials
Cement Plank
Exterior Features
Cement Planked
Parking Spots
3
Roof
Composition
Security Features
Partially Fenced

Financial

Net Operating Income
$70,775
Tax Year
2025
Taxes
$7,477

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Property Summary

    Located in the South Park subdivision, 551 S Sullivan Street Seattle WA is a Multi Family for sale in Seattle, WA, 98108. It is listed for $1,100,000 To schedule a showing of MLS#nwm2432505 at 551 S Sullivan Street in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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551 S Sullivan Street
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