$1,216,800
12317 35th Avenue NE, Seattle, WA 98125
3,380 Sq Ft
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12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125
12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125 12317 35th Avenue NE, Seattle, WA 98125

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MLS #2489986 / Listing provided by NWMLS & MLS4owners.com.

$1,216,800

12317 35th Avenue NE
Seattle, WA 98125

Active 17 hours ago
3,380
Sq Ft
$360
Per Sq Ft
1960
Year Built

Investor-Ready Triplex in Meadowbrook’s LR3(M) Growth Zone Cash-flowing 1960 triplex on a quiet Meadowbrook street—three identical 3-bed/1-bath units (1,100 SF each), two leased through 2026 at $2,225/month ($6,675/mo GSR, $80,100 annual), one vacant for immediate repositioning or owner occupancy. Each unit includes in-unit laundry; tenants pay all utilities (electric + RUBS for sewer/water/garbage). Seven dedicated parking spaces (two per unit plus one spare). Extensively updated 2019–2026: all units feature newer vinyl windows (2019), kitchen/bath cabinets (2019), and appliances. Recent capital improvements include PEX replumbing (2024), water heaters (2020–2024), GFCI upgrades, new carpet/vinyl flooring, interior paint refreshes, and redirected downspout drainage (2026). Major deferred maintenance already handled—minimal CapEx ahead. Zoned LR3(M) in Seattle’s targeted high-density growth corridor. Meadowbrook oaers serene tree-lined streets with investor-friendly transit: rapid buses within 5-minute walk, 10 minutes to Northgate light rail, Burke-Gilman Trail bike access, and Lake City Way retail/dining. Ideal for small investors seeking stable cash flow or portfolio consolidation plays. No rent control; clean repositioning opportunity.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Total Uncovered Parking Spaces: 6

Structure

  • Roof: Built-Up
  • Exterior Features: See Remarks
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Alley, Paved
  • Acres: 0.1207
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Seattle

Lot Details

  • Lot Features: Alley, Paved
  • Acres: 0.1207
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 0
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Stacey Tull

Stacey Tull
Broker | REALTOR®

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