12317 35th Avenue Ne, Seattle, WA 98125

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: chris c. nye
Office: mls4owners.com253-460-1900
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 Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate...

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Home facts

  • Year built:1960
  • Subdivision & Development:Meadowbrook
  • Listing ID #:2489986
  • Updated:October 30, 2026 at 12:10 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

Parking

  • Total parking spaces:6
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 30, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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