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Listed by:Realogics Sotheby's Int'l Rlty • Kimberleigh King

$1,200,000

Est. payment - /mo

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6 Beds

4 Baths

2,740 SqFt

New

5952 Fauntleroy WAY SW Seattle, WA 98136

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,740 sqft

Price per Sqft $437

Subdivision Fairmount

MLS Listing ID 2584274

Style 53 - Tri-plex

Bedrooms 6

Year Built 1996

Annual Tax Amount $9,667

Lot Size 4,400 Sqft

Property Sub-Type Multi Family

Property Description

Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location. Built in 1996 and in great condition with terrific curb appeal. Attractive terraced landscaping. All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans. Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath, and one is 1 bed/1 bath, for a total of 2850 +/- sq ft of living space. Each unit has a dishwasher, washer, and dryer. 4 parking spaces in the alley, plus plenty of street parking out front. Excellent tenant occupancy. Rents total $6405/month and are below market, creating ability to improve on current CAP rate of 4.7%. Rent increase notice delivered 9/1/2026 (5%). Fairmount Park neighborhood is centrally located. Morgan and Alaska junctions are nearby. Close to shops, restaurants, parks, and schools. Beautiful Lincoln Park and the Fauntleroy ferry are minutes away. Great public transportation out front and great access to downtown Seattle. Truly an ideal investment opportunity. Live in one unit and rent out two or just capitalize on this amazing opportunity!

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Cable TV, Deck, Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions

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Professional Services

Top Painting Services

5402 40th Ave SW, Seattle, WA 98136

Painters Phone: 206-552-9282
Potter Construction

5606 California Ave SW, Seattle, WA 98136

Contractors Phone: 206-935-9696
Ventana Construction

5458 California Ave SW, Seattle, WA 98136

Contractors Phone: 206-932-3009
Vornbrock & Sons Construction

5602 California Avenue SW, Seattle, WA 98136

Contractors Phone: 206-935-7500
Kennan-Meyer Architecture PS

5426 California Ave SW, Seattle, WA 98136

Contractors Phone: 206-938-1970

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