All homes

$1,350,000

5954 Fauntleroy Way

Seattle, WA 98136

Active

Beds

Baths

Sq Ft

Lot

0.10 ac

Year built

1968

Type

Residential Income

Days listed

1

MLS #

2583989

About this home

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 5.41% 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.

Exterior features

Cement/ConcreteStucco

Property details

Heating
Baseboard
Cooling
None
Flooring
Vinyl Plank
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$9,135 (2026)

Estimate your monthly payment

$7,588/mo

Principal & interest
$6,826
Property taxes
$761
Loan amount $1,080,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98136

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Paragon Real Estate Advisors— Brian D. Platt.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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