551 S Sullivan Street
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    Courtesy of Inspire Realty and NWMLSNWMLS

    OverviewEstate Overview - $988,000Closed

    Listing View9
    Like Count-
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    551 S Sullivan Street,

    Seattle, WA 98108

    New Price, $10,000 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...See More

    • 0 Beds
    • 0 Baths
    • 2760 Sqft
    • Residential Income

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 1,100,000
    Listing Date: 09/11/2025
    Days on dealty:Was on Dealty for 167 days
    County:King
    MLS Type:NWMLSNWMLS
    Built In:2003
    Has HOA:No
    Status Change Date:February 25, 2026
    Pool:No
    Cumulative Days on market:119 days
    Last Updated:03/24/2026, 12:20:55 AM
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: Multi Family
    • Construction materials: Cement Plank
    • Roof: Composition
    Flooring
    • Ceramic Tile
    • Vinyl
    • Vinyl Plank
    • Carpet
    Interior Spaces
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    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: Cement Planked,
    • View: Territorial
    Lot Details
    • Lot size: 0.1033 Acres / 4500 Square feet

    AmenitiesAmenities

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    Utilities
    • Cooling - None
    • Heating - Forced Air, Wall Furnace
    Laundry
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    Parking
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    HOAHOA & Financial

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    Primary HOA
      No
    Second HOA
      No
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
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    Neighborhood
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    NeighborhoodExplore The Area

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    AgentListing Agent

    Agent
    Autumn Allen

    (Inspire Realty)

    MLS # NWM2432505

    551 S Sullivan Street

    Seattle, WA 98108

    $988,000
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    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/551-s-sullivan-street-seattle-wa-98108
    Approx sqft
    2760
    Year Built
    2003
    Garage
    3
    Lot Size
    4500 sqft/ 0.104 acres

    New Price, $10,000 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 sp...(Visit the link to Get more info)

    AGENT CONTACT
    Renee Tulliani
    Dealty Real Estate Services, LLC

    Northwest Multiple Listing Service

    Based on information submitted to MLS Grid as of 03/24/2026, 12:20:55 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.