5954 Fauntleroy Way SW

3
Baths
3,090 Sq. Ft.
$453 / Sq. Ft.
3,090
Sq. Ft.
$453
per Sq. Ft.

Description

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,...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.
  1. Listed by Brian D. Platt • Paragon Real Estate Advisors
  2. Listed by Michael Urquhart • Paragon Real Estate Advisors

Property Details for 5954 Fauntleroy Way Southwest

Community Name
Fauntleroy
School District
Seattle
Total Covered Parking
0
Entry Date
03-09-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 03/09/2026 04:43 PM

Property Details for 5954 Fauntleroy Way Southwest

StatusActive
MLS #2489998
Days on Market21
Cumulative Days on Market21
Taxes$9,135 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.10 AC / 4,400 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors
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Building Information for 5954 Fauntleroy Way Southwest

Stories3Residences3Year Built1968Building Size-Lot Size0.10 AC / 4,400 SF

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$6,794

Property Taxes

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HOA Dues

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Property Information for 5954 Fauntleroy Way Southwest

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: 140 - West Seattle
  • Directions: From the W Seattle bridge go straight on Fauntleroy Way SW. Property is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Cement/Concrete, Stucco
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3900
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 17
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 7625702786
  • Calculated Square Footage: 3090
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3090.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 22909
  • Gross Adjusted Income: 95999
  • Gross Rent Multiplier: 7.2
  • Gross Scheduled Income: $101,052
  • Insurance Expense: $2,131
  • Net Operating Income: $73,090
  • Other Expenses: $7,743
  • Total Monthly Income: 8421
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Top
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1030
  • Rent Unit 1: $2,750.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: Middle
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1030
  • Rent Unit 2: $2,750.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Lower
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1030
  • Rent Unit 3: $2,300.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3090.0

Property History for 5954 Fauntleroy Way Southwest

DateEvent & SourcePriceAppreciation
Mar 9, 2026

Listed (Active)

NWMLS #2489998

$1,400,000
Oct 19, 2016

Sold (Public Record)

Public Record #581077488

$775,000
DateEvent & SourcePrice
03/09/2026

Listed (Active)

NWMLS #2489998

$1,400,000
10/19/2016

Sold (Public Record)

Public Record #581077488

$775,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5954 Fauntleroy Way Southwest

Taxable ValueLand$432,000Additions$555,000Total$987,000
Tax Record2024$9,705 ($809 / month)
Home Facts
Baths4.5Total Finished SqFt3,090 SqFtAbove Ground SqFt3,090 SqFtStories3Lot Size4,400 SqFtStyleTriplexYear Built1968ZoningLR2 (M)CountyKINGAPN762570-2786Fireplace TypeHas Fireplace

Schools near 5954 Fauntleroy Way Southwest

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Gatewood Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

West Seattle High School
Public9 to 12

Louisa Boren STEM K-8
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5954 Fauntleroy Way Southwest is a multi-family home for sale in Seattle, WA 98136. This property was listed for sale on March 9, 2026 by Paragon Real Estate Advisors, it's currently listed at $1,400,000. It has been on the market for a total of 21 days and was last sold on October 19, 2016. This listing's school district is Seattle Public Schools. Nearby schools include Gatewood Elementary School, Madison Middle School and West Seattle High School. 5954 Fauntleroy Way Southwest is a 6-bed, 3-bath, 3,090 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 03/09/2026 04:43 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.