$1,216,800
ActiveListing provided by Chris C. Nye, MLS4owners.com
39
DOM
About this property.
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.
Property details.
Features.
Exterior
Heating
Cooling
Flooring
Site Features
Agent information.
Schedule a Showing
Pick a day and time, and Austin will follow up to confirm.
By continuing, you consent to be contacted by Welcome to Whatcom and John L. Scott - Bellingham about this showing via call, text, or email.
Listed by: Chris C. Nye, MLS4owners.com
Courtesy of MLS4owners.com
Source: NWMLS, MLS#: 2489986
Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 02:00:26 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Provided by NWMLS as distributed by MLS Grid.
IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited.
Listed by Chris C. Nye, MLS4owners.com
$1,216,800
Active12317 35th Avenue NE, Seattle, WA 98125
0.12
Lot Acres
1960
Year Built
39
Days on Market
0 car
Garage
About This Property
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.
Property Details
Features
Exterior
Heating
Cooling
Flooring
Site Features
Agent Information
Schedule a Showing
Pick a day and time, and Austin will follow up to confirm.
By continuing, you consent to be contacted by Welcome to Whatcom and John L. Scott - Bellingham about this showing via call, text, or email.
Listed by: Chris C. Nye, MLS4owners.com
Courtesy of MLS4owners.com
Source: NWMLS, MLS#: 2489986
Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 02:00:26 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Provided by NWMLS as distributed by MLS Grid.
IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited.