5954 Fauntleroy WAY SW, Seattle, WA 98136
5954 Fauntleroy WAY SW, Seattle, WA 98136
5954 Fauntleroy WAY SW, Seattle, WA 98136
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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by:Paragon Real Estate Advisors • Brian D. Platt
$1,400,000
Est. payment /mo
6 Beds
3 Baths
3,090 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,090 sqft

Price per Sqft $453

Subdivision Fauntleroy

MLS Listing ID 2489998

Style 53 - Tri-plex

Bedrooms 6

Year Built 1968

Annual Tax Amount $9,135

Lot Size 4,400 Sqft

Property Sub-Type Multi Family

Property Description

Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.22% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle's continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Stucco

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Josh Barnard

Josh Barnard

+1(253) 677-5765

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