547 S Sullivan Street, Seattle, WA 98108

Property Description

Exceptional duplex investment or house-hacking opportunity featuring a 6.5% Cap Rate and strong immediate cash flow in an area already transformed. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped street, this unique property comprises two fully detached, well-maintained cottages with zero shared walls. The tenants love the privacy and have been there since 2022. The spacious 2-bedroom front unit and the 1-bedroom rear unit complete with a private double driveway and new security gate—generate a combined gross income of over $4000 per month. Boasting an effective year built of 2022, the turnkey asset features updated paint, flooring, and appliances, while offering a massive future development play surrounded by new townhomes. Seller is executing 1031 exchange. Schedule your tour today!

Listing Status:

Active

Data Last Updated:

September 23, 2026 at 7:19AM

Listing Office:

Inspire Realty : 253-365-1778

Listing Agent:

Autumn Allen : 206-604-3160

MLS ID:

2584800

Interior

• Flooring: VinylVinyl PlankCarpet
• A/C: None
• Heating: Wall Furnace
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Thermal Windows

Exterior

• General: Cement Planked
• Parking: Parking spaces: 4

Construction

• Roofing: Composition
• General: 52 - DuplexPillar/Post/Pier

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 7883600700
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls