Property Details
3317 Claremont Avenue S
Seattle, WA 98144
$950,000
Active
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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
Directions
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Location
City
Seattle
County
King
Coordinates
47.57292, -122.29590
Additional Information
Tax Year
2025
Annual Taxes
$8,875
Possession
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