$1,350,000
5954 Fauntleroy Way
Seattle, WA 98136
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
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
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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