551 S Sullivan Street, Seattle, WA 98108 (MLS # 2432505)
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Listing provided courtesy of Northwest MLS; Inspire Realty
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This property has it all - location, 3 turn key units, full occupancy, great cash flow. It is also 1 of the last 2 last parcels in the neighborhood awaiting new development (LR3 Zoning). Units are well laid out, sunny, w/appliances. The 2003-built Duplex has (2) 1200sft 3bed/1bath units. Backyard Cottage is adorable 1B1Ba w/ dedicated parking, private yard, large shed. Dead-end street w/ plentiful parking. Adjacent is a large, city-owned lot to enjoy. Beautiful South Park is nestled between W Seattle & Georgetown w/ecosystem of breweries, restaurants, library & parks. Walk it all! Reference 547 Sullivan next door, also for sale. RRIO & Seattle Housing Authority Compliant. Enjoy cash flow or build! Builders Capital offers great funding!
| LAST UPDATED | 9/11/2025 | TRACT | South Park |
|---|---|---|---|
| YEAR BUILT | 2003 | COMMUNITY | South Park |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 140 - West Seattle |
| CONSTRUCTION | Cement Siding |
| HEAT | Electric, Forced Air, Natural Gas |
| LOT | 4500 sq ft |
| LOT DESCRIPTION | Adjacent to Public Land, Alley, Corner Lot, Curbs, Dead End Street, Paved, Secluded, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 53 - Tri-plex |
| SUBDIVISION | South Park |
| TAXES | 7477 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/14/25 12:42 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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