Property Details

3317 Claremont Avenue S
Seattle, WA 98144
$950,000
MLS# 2535881 courtesy of NWMLS Listing firm: KW Greater Seattle

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3317 Claremont Avenue S, Seattle, WA 98144, Seattle

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Multi-Family
Property Type
3,180
Bldg Sq Ft
3
Units
6.26%
Cap Rate
1998
Year Built

Property Overview

Imagine buying your first home and having two tenants help pay your mortgage every month. For the first time ever, this triplex is being offered by its original owner—a rare opportunity to build wealth through real estate while enjoying the comfort of homeownership. Instead of purchasing a traditional townhome and carrying the full mortgage yourself, live in the spacious two-story 3-bedroom, 1.5-bath owner's unit and collect rental income from two additional 2-bedroom, 1-bath units to help offset your monthly housing costs.The owner's unit offers the privacy and feel of a townhome, with living, dining, and kitchen spaces on the main floor and generously sized bedrooms upstairs. Whether you're a first-time buyer looking to lower your housing expenses or an investor seeking strong rental income, this property offers immediate earning potential from day one. Additional features include a shared laundry room, three designated parking spaces, ample street parking, and a roof replaced just five years ago for added peace of mind. Conveniently located near shopping, dining, public transit, and within walking distance of light rail access, this property combines lifestyle, convenience, and investment potential.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Mt Baker
Listed Jun 5, 2026
Structure Type Triplex
Parcel Number 1282300515

Tax & HOA

Annual Property Tax $8,875 (2025)
Est. Monthly Tax $740/mo

Financial Summary

Cap Rate 6.26%
Net Operating Income $59,554
Gross Scheduled Income $87,192
Gross Rent Multiplier 10.89
Total Expenses $27,638

Building & Use

Building Sq Ft 3,180
Leasable Area 3,180 sqft
Total Units 3
Lot Size 4,400 sqft
Year Built 1998

Exterior & Lot

Lot Size 0.10 sqft
Year Built 1998
Exterior Materials Cement Plank
Sewer Sewer Connected
Lot Features Paved, Sidewalk
Exterior Features Cement Planked

Community & Access

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Location

City Seattle
County King
Coordinates 47.57292, -122.29590

Additional Information

Tax Year 2025
Annual Taxes $8,875
Possession Array
Listed By
Liz Figueroa
KW Greater Seattle

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