1223 S Sullivan Street, Seattle, WA 98108

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Listing Broker: Redfin; Angela Cramer; ; Selling Office: Keller Williams Eastside.

Sold Price
$665,000
List Price
$680,000
Status
SOLD
MLS#
2436498
Closing Date
Nov 24, 2025
Days on Market
11
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,840
Area Total SqFt
1840
Annual Tax Ammount
1172
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

This versatile property offers endless potential with fresh interior and exterior paint, new LVP flooring, and updated carpet throughout. The spacious upper unit features 2 bedrooms, a full bath, an eat-in kitchen, and open dining and living areas highlighted by tall ceilings. The lower level also boasts tall ceilings, 2 bedrooms, and a kitchen that flows seamlessly into the living and dining space. Laundry access is conveniently located on the lower level and a simple addition of a door can create full separation between units. Convenient alley access as well. Sitting on a large, flat lot with DADU potential, this property is ideal as a primary residence with rental income or a long-term investment opportunity.Seller inspection available.

Additional Information

List Date
2025-11-13 00:00:00
Community
South Park
Net Operating Income
$-7,562
Gross Adjusted Income
$1,172
Insurance Expenses
$2,758
Water/Sewer/Garbage Expenses
$1,500
Gross Rent Multiplier
1
Total Expenses
$6,390
Cap Rate
1.11
Total Number of Units
2
Unit Name
1223
Potential Terms
Cash Out, Conventional
Year Built
1900
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio
Electric Expenses
960
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Adjusted Income
$1,172
Tax Year
2025
Insurance Expense
$2,758
W/S/G Expenses
$1,500
Total Expenses
$6,390
Net Operating Income
$-7,562
Gross Rent Multiplier
1
Cap Rate
1.11
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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