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$1,216,800 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 14 hours ago

Listed by Chris C. Nye | MLS4owners.com | (253) 460-1900

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12317 35th Avenue NE, Seattle, WAVideo Tour of 12317 35th Avenue NE, Seattle, WA.
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.

Full Property Details for 12317 35th Ave NE

General

  • Price: $1,216,800
  • Taxes: $11,586 (2026)
  • Status: Pending
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2489986
  • Updated: 3/31/2026
  • Added to Site: 22 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Cable TV, High Speed Internet

Parking

  • Uncovered Spaces: 6

Location

  • Area: 710 - North Seattle
  • County: King
  • Subdivision: Meadowbrook
  • Driving Directions: Turn onto 35th Ave NE

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: See Remarks
  • Foundation: Poured Concrete
  • Roof: Built-Up
  • Stories in Building: 2
  • Square Feet: 3,380
  • Year Built: 1960
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.1207
  • Lot Size (Sq. Ft.): 5,258
  • Lot Size Source: County
  • Lot Features: Alley, Paved
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $11,586
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 8822900145

Listed by Chris C. Nye | MLS4owners.com | (253) 460-1900

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Schools serving 12317 35th Ave NE

School District:Seattle School District
NameGradesDistance
Cedar Park Elementary School
13224 37th Avenue Northeast, Seattle, WA 98125
PK-50.6 mi
John Rogers Elementary School
4030 Northeast 109th Street, Seattle, WA 98125
K-50.8 mi
Jane Addams Middle School
11051 34th Avenue Northeast, Seattle, WA 98125
6-80.6 mi
Nathan Hale High School
10750 30th Avenue Northeast, Seattle, WA 98125
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12317 35th Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Listed
$1,216,800
15.89%
MLS
6/06/2019
Sold
$1,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12317 35th Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,479
19%
$1,038,000
2%
2024
$8,816
-3%
$1,021,000
—
2022
$9,097
34%
$1,021,000
36%
2021
$6,793
—
$752,000
15%
2021
$6,793
-1%
$653,000
-3%
2020
$6,894
10%
$675,000
-1%
2019
$6,290
-3%
$685,000
11%
2018
$6,494
23%
$619,000
20%
2017
$5,297
7%
$516,000
9%
2016
$4,958
16%
$472,000
14%
2015
$4,278
-3%
$414,000
8%
2014
$4,428
—
$385,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Chris C. Nye | MLS4owners.com | (253) 460-1900

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12317 35th Avenue NE, Seattle, WA 98125 (MLS# 2489986) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 12317 35th Avenue NE is currently listed for $1,216,800 and was received on March 10, 2026. Want to learn more about 12317 35th Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

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