$1,200,000
 $6,442 est/mo Sourced by Back At You

5952 Fauntleroy Way,Seattle, WA 98136

Seattle, WA 98136

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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!

Details

MLS #2584274
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1996
Days On Site57
Listing Provided ByRealogics Sotheby's Int'l Rlty | Kimberleigh King

Features

SQ Feet2,740
Story(s)2
Units3
Acreage0.10

Taxes

Property9667

Area Information

StateWA
CountyKing
CitySeattle
Zip Code98136
Area140 West Seattle
Community NameFairmount
Listing VS Median (in Fairmount)
Price:
$1,200,000
low | high
Med:
$690,000
92.5% of Average
sqft:
2,740
low | high
Med:
1,690
88.321167883212% of Average
$ / sqft:
$438
low | high
Med:
$408
56.775147928994% of Average
On site:
57
low | high
Med:
29
100% of Average
Sourced by Back At You

Market Activity 98136

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Learn More About This Property

StateWA
CountyKing
CitySeattle
Zip Code98136
Area140 West Seattle
Community NameFairmount
Listing VS Median (in Fairmount)
Price:
$1,200,000
low | high
Med:
$690,000
92.5% of Average
sqft:
2,740
low | high
Med:
1,690
88.321167883212% of Average
$ / sqft:
$438
low | high
Med:
$408
56.775147928994% of Average
On site:
57
low | high
Med:
29
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $900K - $1.5M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
6302 37th Avenue Property Photo 1
$965,000
6302 37th Avenue
Seattle, WA 98126
Listing Updated: October 24, 2026 at 10:00:25 AM PDT