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.
Sold
Listed by: Paragon Real Estate Advisors • Michael Urquhart
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
$2,053,200 Zestimate®
$340/sqft
$3,054 Estimated rent
Home value
$2,053,200
$1.87M - $2.28M
$3,054/mo
Zestimate® history
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$12,585/mo
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Zillow last checked:
Listing updated:
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors
Bought with:
Jason D. Wilcox, 25526
Raven Commercial Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2288342
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 Square Feet
Details
- Parcel number: 2324039081
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Flat
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Fairmount
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $340/sqft
- Annual tax amount: $20,910
- Date on market: 9/14/2024
- Cumulative days on market: 676 days
- Listing terms: Conventional
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 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Fairmount Park
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Nearby schools
GreatSchools rating
- 7/10Fairmount Park ElementaryGrades: PK-5Distance: 0 mi
- 9/10Madison Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10West Seattle High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$2,053,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,053,200
- Washington
- King County
- Seattle
- 98136
- Fairmount Park
- 5454 Fauntleroy Avenue SW
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