551 S Sullivan Street, Seattle, WA 98108

Local realty services provided by:Imagine Realty ERA Powered
Listed by: autumn allen
Office: inspire realty
MLS#:2432505
Source:NWMLS
551 S Sullivan Street,Seattle, WA 98108
$998,900
  • - Beds
  • - Baths
  • 2,760 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$998,900
  • Price per sq. ft.:$361.92

About this home

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!

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Home facts

  • Year built:2003
  • Listing ID #:2432505
  • Updated:November 15, 2025 at 12:06 PM

Rooms and interior

  • Living area:2,760 sq. ft.

Heating and cooling

  • Heating:Forced Air, Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:2003
  • Building area:2,760 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$998,900
  • Price per sq. ft.:$361.92
  • Tax amount:$7,477 (2025)
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