Fairmount Park Homes with 53 - Tri-plex Style

Fairmount Park Homes with 53 - Tri-plex Style

Welcome to Fairmount Park, a vibrant and inviting neighborhood nestled in the heart of Seattle, Washington. Known for its lush green spaces and friendly community vibe, Fairmount Park offers the perfect blend of urban convenience and natural beauty. This delightful area is characterized by its charming streets, beautifully maintained parks, and a diverse array of local amenities, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Fairmount Park is its unique housing options, particularly the tri-plex style homes that grace the neighborhood. These thoughtfully designed residences offer a perfect balance of space and privacy, making them a popular choice for those seeking a sense of community without sacrificing their personal retreat. With three separate living units, tri-plex homes provide flexibility for multi-generational living, rental income opportunities, or simply the chance to share a home with friends while maintaining individual living spaces.

The homes in Fairmount Park are not just about functionality; they also exude character and charm. Many of these tri-plexes feature modern finishes, open floor plans, and outdoor spaces perfect for entertaining or enjoying a quiet evening under the stars. Residents can take advantage of the nearby parks, hiking trails, and proximity to the vibrant Seattle downtown, all while enjoying the serenity of a close-knit neighborhood.

If you're looking for a place that combines the best of Seattle living with the comforts of home, Fairmount Park's tri-plex style residences are an excellent choice. Discover the warmth and community spirit that make this neighborhood a hidden gem in the Emerald City!

Newest Fairmount Park Homes with 53 - Tri-plex Style

$1,400,000
2489998 MLS ⋅ ACTIVE Status
Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.22% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.

5954 Fauntleroy Way SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

Start Your Search
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.