12317 35th Avenue NE, Seattle, WA 98125 (MLS # 2489986)

Listing provided courtesy of Northwest MLS; MLS4owners.com

PRICE	$1,216,800
BEDS	0
BATHS	0
HOME SIZE	3,380 sqft
LOT SIZE	5,258 sqft

Request More Info Schedule a Showing

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.

LAST UPDATED	3/10/2026	TRACT	Meadowbrook
YEAR BUILT	1960	COMMUNITY	Meadowbrook
COUNTY	King	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	None
AREA	710 - North Seattle
CONSTRUCTION	See Remarks
HEAT	Baseboard, Electric
LOT	5258 sq ft
LOT DESCRIPTION	Alley, Paved
MLS STATUS	Active
STORIES	2
STYLE	53 - Tri-plex
SUBDIVISION	Meadowbrook
TAXES	11586
UTILITIES	Cable Available, Sewer Connected
WATER	Public
ZONING	Multi-Family

MORTGAGE CALCULATOR

TERM

SELLING PRICE

DOWN PAYMENT

INTEREST RATE

INSURANCE RATE

MONTHLY TAX

MONTHLY INSURANCE

TOTAL MONTHLY PAYMENT

Principal+Interest

*Estimate only

SATELLITE VIEW

First Name
Last Name
Phone Number
Email Address
Comments
Schedule a Showing?	/

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sage Sanders to contact you even if your name is on a Federal or State "Do not call List".

Properties with the Logo 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 3/10/26 12:35 PM 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.

DMCA Notice

Logo