3317 Claremont Avenue S, Seattle, WA 98144
- $950,000
- 3,180
- SqFt
Listing courtesy of KW Greater Seattle.
- List Price
- $950,000
- Status
- PENDING - BACKUP OFFER REQUESTED
- MLS#
- 2535881
- Days on Market
- 84
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,180
- Area Total SqFt
- 3180
- Annual Tax Ammount
- 8875
- Lot Size (sq ft)
- 4,400
- Sewer
- Sewer Connected
Property Description
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.
/u.realgeeks.media/nwmoderngroup/nwmodern_blue-grey_logo_REAL_black-real.png){kind=logo}
Additional Information
- List Date
- 2026-05-03 17:43:11
- Community
- Mt Baker
- Net Operating Income
- $59,554
- Gross Adjusted Income
- $87,192
- Gross Scheduled Income
- $87,192
- Total Monthly Income
- $7,266
- Insurance Expenses
- $9,197
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 10.89
- Total Expenses
- $27,637
- Cap Rate
- 6.26
- Total Number of Units
- 3
- Unit Name
- 3317
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1998
- View
- City, Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully, Gated Entry, Patio
- Other Expenses
- 3565
- Energy Source
- Electric
- School District
- Mount Baker
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,266
- Gross Scheduled Income
- $87,192
- Gross Adjusted Income
- $87,192
- Tax Year
- 2025
- Insurance Expense
- $9,197
- W/S/G Expenses
- $6,000
- Total Expenses
- $27,637
- Net Operating Income
- $59,554
- Gross Rent Multiplier
- 10.89
- Cap Rate
- 6.26
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.