12317 35th AVE NE, Seattle, WA 98125
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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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Tatum Maldonado

Tatum Maldonado

+1(425) 361-5303
Listed by:MLS4owners.com • Chris C. Nye
$ 1,216,800
Est. payment /mo
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Pending

12317 35th AVE NE Seattle, WA 98125

9 Beds

3 Baths

3,380 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

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 Triplex in Meadowbrook's LR3(M) Growth Zone Cash-flowing 1960 triplex on a quiet Meadowbrook street—three identical 3-bed/1-bath units (1,100 SF each), two leased through 2026 at $2,225/month ($6,675/mo GSR, $80,100 annual), one vacant for immediate repositioning or owner occupancy. Each unit includes in-unit laundry; tenants pay all utilities (electric + RUBS for sewer/water/garbage). Seven dedicated parking spaces (two per unit plus one spare). Extensively updated 2019–2026: all units feature newer vinyl windows (2019), kitchen/bath cabinets (2019), and appliances. Recent capital improvements include PEX replumbing (2024), water heaters (2020–2024), GFCI upgrades, new carpet/vinyl flooring, interior paint refreshes, and redirected downspout drainage (2026). Major deferred maintenance already handled—minimal CapEx ahead. Zoned LR3(M) in Seattle's targeted high-density growth corridor. Meadowbrook offers serene tree-lined streets with investor-friendly transit: rapid buses within 5-minute walk, 10 minutes to Northgate light rail, Burke-Gilman Trail bike access, and Lake City Way retail/dining. Ideal for small investors seeking stable cash flow or portfolio consolidation plays. No rent control; clean repositioning opportunity.

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)
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Tatum Maldonado

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Phone

+1(425) 361-5303

Address

1800 112th Ave NE, Bellevue, Washington, USA

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12317 35th AVE NE