551 S Sullivan Street, Seattle, WA 98108
Multi-Family Home 
Built in 2003 
4,500sqft lot
—— car garage 
$——/sqft 
Listed 2 months ago
Property Description
This listing courtesy of Autumn Allen, Inspire Realty
New Price, $10000 Buyer Bonus, Motivated Seller! Step into an exceptional income-producing property that blends comfortable living w/ cash flow. Current annual income is over $86,000 w/planned rent increase May 2026. This 2003 building is well-maintained, fully-fenced, & just minutes from the vibrant hubs of Georgetown & SoDo. It comprises of 3 units, 7 beds & 3 baths across 2,760 SF making it perfect for owner-occupant living while generating significant rental income. Main building hosts 2 spacious, identical 3-bedroom light-filled flats, updated finishes, & plus charming 1-bed cottage (DADU). This property ensures peace of mind w/ newer systems, ample off-street parking, & extra upside via redevelopment. Don’t wait to secure this one!
- Listing Status:
- Active
- Listing Office:
- Inspire Realty : 253-365-1778
- Listing Agent:
- Autumn Allen : 253-365-1778
- MLS ID:
- 2432505
- General: Cement Planked
- Parking: Parking spaces: 3
- Roofing: Composition
- General: 53 - Tri-plex
- HOA Amenities: 0.0
- Originating MLS: nwmls
- School District: Seattle
- County: King
- Zoning: 7883600710
- View: TerritorialView
- Water: Public
- Sewer: Sewer Connected
- Source: nwmls
This listing courtesy of Autumn Allen, Inspire Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Concord International Elementary School
723 S Concord St, Seattle, WA, 98108
Grades KG-5
0.24 miles away
David T. Denny International Middle School
2601 SW Kenyon St, Seattle, WA, 98126
Grades 6-8
1.86 miles away
Cleveland High School STEM
5511 15th Ave S, Seattle, WA, 98108
Grades 9-12
1.84 miles away
