5952 Fauntleroy Way SW, Seattle, WA 98136 (MLS # 2584274)

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Listing provided courtesy of Northwest MLS; Realogics Sotheby's Int'l Rlty

PRICE $1,200,000
BEDS 0
BATHS 0
HOME SIZE 2,740 sqft
LOT SIZE 4,400 sqft

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!

LAST UPDATED 9/18/2026 TRACT Fairmount
YEAR BUILT 1996 COMMUNITY Fairmount
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 140 - West Seattle
CONSTRUCTION Metal Siding
HEAT Electric, Wall Furnace
LOT 4400 sq ft
LOT DESCRIPTION Alley, Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 53 - Tri-plex
SUBDIVISION Fairmount
TAXES 9667
UTILITIES Cable Available, Sewer Connected
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/19/26 12:37 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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