12317 35th AVE NE, Seattle, WA 98125
12317 35th AVE NE, Seattle, WA 98125
12317 35th AVE NE, Seattle, WA 98125
12317 35th AVE NE, Seattle, WA 98125
12317 35th AVE NE, Seattle, WA 98125
12317 35th AVE NE, Seattle, WA 98125
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Hawkins-Poe Realtors

Hawkins-Poe Realtors

+1(253) 820-9000
Listed by:MLS4owners.com • Chris C. Nye
$ 1,216,800
Est. payment | /mo

9 Beds

3 Baths

3,380 SqFt

Save Virtual Tour
$ 1,216,800
Est. payment | /mo
Save Virtual Tour

9 Beds

3 Baths

3,380 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,380 sqft

Price per Sqft $360

Subdivision Meadowbrook

MLS Listing ID 2489986

Style 53 - Tri-plex

Bedrooms 9

Year Built 1960

Annual Tax Amount $11,586

Lot Size 5,258 Sqft

Property Sub-Type Multi Family

Property Description

Investor-Ready Cash-Flowing Triplex in Meadowbrook's LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle's Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature See Remarks

Amenities Available Cable TV, High Speed Internet

View Y/N No

Roof Type Built-Up

Building

Lot Description Alley, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=4_wp8meuwPw

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Hawkins-Poe Realtors
Hawkins-Poe Realtors

License ID: 9531

+1(253) 820-9000 | info@hawkinspoe.com

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12317 35th AVE NE