12317 35th Avenue Ne, Seattle, WA 98125

Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: chris c. nye
Office: mls4owners.com
MLS#:2489986
Source:NWMLS
12317 35th Avenue Ne,Seattle, WA 98125
$1,216,800
  • - Beds
  • - Baths
  • 3,380 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,216,800
  • Price per sq. ft.:$360

About this home

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

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Home facts

  • Year built:1960
  • Listing ID #:2489986
  • Updated:March 10, 2026 at 08:03 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor, Vinyl Plank
  • Living area:3,380 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Built Up
  • Year built:1960
  • Building area:3,380 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Alley, Paved

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,216,800
  • Price per sq. ft.:$360
  • Tax amount:$11,586 (2026)

Features and amenities

  • Amenities:Cable TV, High Speed Internet
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