Fauntleroy Homes with 53 - Tri-plex Style

Welcome to Fauntleroy, a picturesque neighborhood nestled in the vibrant city of Seattle, Washington. Known for its stunning waterfront views and lush green spaces, Fauntleroy offers a perfect blend of suburban charm and urban convenience. This community is characterized by its friendly atmosphere, making it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Fauntleroy is its diverse housing options, including the increasingly popular tri-plex style homes. These multi-family residences provide a unique opportunity for homeowners and investors alike. With three distinct living spaces under one roof, tri-plex homes offer flexibility and potential for rental income, making them a smart choice for those looking to enter the real estate market.

Fauntleroy boasts a range of amenities that enhance its desirability. Residents enjoy easy access to local parks, such as Lincoln Park, which features walking trails, playgrounds, and breathtaking views of Puget Sound. The nearby Fauntleroy Ferry Terminal provides a scenic route to Vashon Island and Southworth, making weekend getaways a breeze.

The neighborhood is also home to a variety of shops, cafes, and restaurants, ensuring that residents have everything they need within reach. With a strong sense of community and a focus on sustainability, Fauntleroy is more than just a place to live; it’s a lifestyle.

Explore the charm of Fauntleroy and discover the potential of tri-plex homes, where community spirit and modern living come together in perfect harmony. Whether you’re looking to invest or settle down, Fauntleroy is waiting to welcome you home.

Newest Fauntleroy Homes with 53 - Tri-plex Style

$1,350,000

2583989 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 5.41% 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 Broker: Paragon Real Estate Advisors; Brian D. Platt; ;

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