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  • Listed by: 

    Autumn Allen,

    Inspire Realty

    Price cut: $30K (11/6)
    $645,000

    547 S Sullivan Street, Seattle, WA 98108

    3beds
    2baths
    1,250sqft
    : 
    Duplex
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $516/sqft
    $-- HOA

    What's special

    Ample parkingUpdated finishesFenced lotQuiet dead-end streetNew fencingRefreshed paint
    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!
    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#: 2432506MLS Logo

    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/6/2025Price change$645,000-4.4%$516/sqft
    Source: NWMLS #2432506 Report a problem
    10/24/2025Price change$675,000-1.5%$540/sqft
    Source: NWMLS #2432506 Report a problem
    9/11/2025Listed for sale$685,000+9.6%$548/sqft
    Source: NWMLS #2432506 Report a problem
    7/25/2022Sold$625,000+150%$500/sqft
    Source: NWMLS #1976001 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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