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!
Active
Listed by:
Autumn Allen,
Inspire Realty
Price cut: $30K (11/6)
$645,000
547 S Sullivan Street, Seattle, WA 98108
3beds
2baths
1,250sqft
Est.:
Duplex
Built in 1905
-- sqft lot
$-- Zestimate®
$516/sqft
$-- HOA
What's special
Ample parkingUpdated finishesFenced lotQuiet dead-end streetNew fencingRefreshed paint
- 93 days |
- 261 |
- 8 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 12:43pm
Listed by:
Autumn Allen,
Inspire Realty
Source: NWMLS,MLS#: 2432506
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wall Unit(s), Electric, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 4,499.75 Square Feet
- Features: Curbs, Dead End Street, Paved, Secluded, Sidewalk, Fenced-Fully
Details
- Parcel number: 7883600700
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Cement Planked, Cement Plank
- Roof: Composition
Condition
- Very Good
- Year built: 1905
- Major remodel year: 2022
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: South Park
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $516/sqft
- Tax assessed value: $439,000
- Annual tax amount: $4,728
- Date on market: 9/10/2025
- Cumulative days on market: 95 days
- Listing terms: Cash Out,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Price change | $645,000-4.4%$516/sqft |
Source: | ||
| 10/24/2025 | Price change | $675,000-1.5%$540/sqft |
Source: | ||
| 9/11/2025 | Listed for sale | $685,000+9.6%$548/sqft |
Source: | ||
| 7/25/2022 | Sold | $625,000+150%$500/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,728 +13% | $439,000 +9.2% |
| 2023 | $4,183 +6% | $402,000 -5% |
| 2022 | $3,946 +10.2% | $423,000 +20.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,807/mo
Principal & interest
$3140
Property taxes
$441
Home insurance
$226
Climate risks
Neighborhood: South Park
Nearby schools
GreatSchools rating
- 1/10Concord Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Denny Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Chief Sealth High SchoolGrades: 9-12Distance: 1.9 mi
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