Fairmount Homes with 53 - Tri-plex Style

Welcome to Fairmount, a hidden gem nestled in the vibrant city of Seattle, Washington. This charming neighborhood is a delightful blend of urban convenience and suburban tranquility, making it a perfect place for families, young professionals, and retirees alike. With its tree-lined streets, beautiful parks, and a strong sense of community, Fairmount offers a serene escape from the hustle and bustle of city life, all while being just a stone's throw away from downtown Seattle.

What truly sets Fairmount apart is its diverse array of housing options, including the increasingly popular tri-plex style homes. These unique residences provide an ideal living arrangement for those seeking a balance between privacy and community. With three separate units, tri-plex homes offer the perfect opportunity for multi-generational living or investment potential, allowing homeowners to generate rental income while enjoying the benefits of homeownership. The architecture in Fairmount is as charming as its residents, with many tri-plexes featuring classic Seattle design elements, such as large windows that allow for ample natural light and inviting outdoor spaces.

In addition to its stunning homes, Fairmount boasts a wealth of amenities. Residents enjoy easy access to local shops, cafes, and restaurants, as well as proximity to beautiful parks, schools, and public transportation. Whether you're looking for a peaceful retreat or an active lifestyle, Fairmount has something for everyone. Discover the allure of this enchanting neighborhood and explore the unique tri-plex homes that await you in Fairmount, Seattle. Your dream home is just around the corner!

Newest Fairmount Homes with 53 - Tri-plex Style

$1,200,000

2584274 MLS ⋅ ACTIVE Status

Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location. Built in 1996 and in great condition with terrific curb appeal. Attractive terraced landscaping. All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans. Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath, and one is 1 bed/1 bath, for a total of 2850 +/- sq ft of living space. Each unit has a dishwasher, washer, and dryer. 4 parking spaces in the alley, plus plenty of street parking out front. Excellent tenant occupancy. Rents total $6405/month and are below market, creating ability to improve on current CAP rate of 4.7%. Rent increase notice delivered 9/1/2026 (5%). Fairmount Park neighborhood is centrally located. Morgan and Alaska junctions are nearby. Close to shops, restaurants, parks, and schools. Beautiful Lincoln Park and the Fauntleroy ferry are minutes away. Great public transportation out front and great access to downtown Seattle. Truly an ideal investment opportunity. Live in one unit and rent out two or just capitalize on this amazing opportunity!

5952 Fauntleroy Way SW, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Kimberleigh King; 206-948-7003; kim@winninghamking.com

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