Sold

Listed by: Paragon Real Estate Advisors

Bought with: Raven Commercial Real Estate

$2,080,000

5454 Fauntleroy Avenue SW, Seattle, WA 98136

11beds

11baths

6,110sqft

Multi Family

Built in 1987

-- sqft lot

$2,032,000 Zestimate^®

$340/sqft

$2,725 Estimated rent

Home value

$2,032,000

$1.83M - $2.28M

$2,725/mo

Zestimate^® history

Owner options

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$2,725/mo

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$2,725/mo

Rent Zestimate^®

Refinance and save

$12,501/mo

Est. payment

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$12,501/mo

Est. payment

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What's special

Findlay Court is a meticulously maintained 10-unit apartment building located in the heart of the vibrant West Seattle neighborhood. With a strong history of diligent care under the current ownership for the past 25 years, this property offers both stability and potential for immediate rent growth. Rents are currently about 25% below market in current unit conditions presenting a significant opportunity to increase rents and improve cash flow.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 11

Heating

Radiant, Electric

Cooling

None

Features

Has fireplace: No

Interior area

Total structure area: 6,110
Total interior livable area: 6,110 sqft

Property

Parking

Total spaces: 10
Parking features: Open
Carport spaces: 4
Uncovered spaces: 6

Lot

Size: 6,237 sqft

Details

Parcel number: 2324039081
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Roof: Flat

Condition

Year built: 1987

Utilities & green energy

Sewer: Sewer Connected

Community & neighborhood

Location

Region: Seattle
Subdivision: Fairmount

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 560 days

Price history

Date	Event	Price
10/4/2024	Sold	$2,080,000-1%$340/sqft
Source: NWMLS as distributed by MLS GRID #2288342 Report a problem
9/25/2024	Pending sale	$2,100,000$344/sqft
Source: NWMLS as distributed by MLS GRID #2288342 Report a problem
9/9/2024	Listed for sale	$2,100,000$344/sqft
Source: NWMLS as distributed by MLS GRID #2288342 Report a problem
6/6/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
5/25/2022	Listed for rent	$1,350+4.2%
Source: Zillow Rental Manager Report a problem
8/19/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/6/2021	Price change	$1,295-0.4%
Source: Zillow Rental Manager Report a problem
7/27/2021	Price change	$1,300-3.7%
Source: Zillow Rental Manager Report a problem
7/20/2021	Price change	$1,350-3.2%
Source: Zillow Rental Manager Report a problem
7/15/2021	Listed for rent	$1,395+27.4%
Source: Zillow Rental Manager Report a problem
1/25/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
1/12/2021	Listed for rent	$1,095
Source: Zillow Rental Manager Report a problem