Pending27d on market
12317 35th Avenue NE
Seattle, WA, 98125 • Cedar Park • King County
$1,216,800
$360/sqft
Down payment assistance available
9Beds
3Baths
3,380Sqft
0.12 acLot
1960Built
Property DNA
Tri-plex Style
Built 1960 · 66 years of history
Meadowbrook
Cedar Park
This home is getting attention
Listed 27 days ago · 386 views · 14 saves
Market activity
Demand and pricing signals for this listing
386 views
People checking out this listing
14 saves
Buyers have saved this home
27 days on market
Recently listed
$360/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 31% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1960
Investor-Ready Triplex in Meadowbrook’s LR3(M) Growth Zone Cash-flowing 1960 triplex on a quiet Meadowbrook street—three identical 3-bed/1-bath units (1,100 SF each), two leased through 2026 at $2,225/month ($6,675/mo GSR, $80,100 annual), one vacant for immediate repositioning or owner occupancy. Each unit includes in-unit laundry; tenants pay all utilities (electric + RUBS for sewer/water/garbage). Seven dedicated parking spaces (two per unit plus one spare). Extensively updated 2019–2026: all units feature newer vinyl windows (2019), kitchen/bath cabinets (2019), and appliances. Recent capital improvements include PEX replumbing (2024), water heaters (2020–2024), GFCI upgrades, new carpet/vinyl flooring, interior paint refreshes, and redirected downspout drainage (2026). Major deferred maintenance already handled—minimal CapEx ahead. Zoned LR3(M) in Seattle’s targeted high-density growth corridor. Meadowbrook offers serene tree-lined streets with investor-friendly transit: rapid buses within 5-minute walk, 10 minutes to Northgate light rail, Burke-Gilman Trail bike access, and Lake City Way retail/dining. Ideal for small investors seeking stable cash flow or portfolio consolidation plays. No rent control; clean repositioning opportunity.
Standout features identified
Our analysis highlights serene tree-lined streets, in-unit laundry, and seven dedicated parking spaces as key attractions of this home.
Estimated monthly payment
Based on current rates
$7,572/month
Principal & Interest$5,950
Property Tax$1,217
Insurance$406
Down payment20% ($243,360)
3%50%
Est. 6.18% rate · 30yr fixed · $973,440 loan
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At a glance
Key facts and listing details
TypeMulti Family
Year Built1960
HeatingBaseboard, Electric
CoolingNone
Parking6 Parking spaces
Days on Zillow27 Days
Price/sqft$360
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTri-plex
ConditionUpdated/Remodeled
Year built1960
Systems
HeatingBaseboard, Electric
CoolingNone
RoofBuilt-Up
ConstructionSee Remarks
Water / SewerPublic / Sewer Connected
Parking & Outdoor
Lot5,257 sqft
Location & Tax
NeighborhoodCedar Park
Annual tax$11,586
Parcel8822900145
Features & details
5 categories of property features
Interior Features
Flooring
Vinyl
Vinyl Plank
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Construction
See Remarks
Lot Features
Paved
Cable TV
High Speed Internet
Listing insights
Market data and value estimates
StatusPending
Days on market27
Tax rate0.82%
Price/sqft$360
On marketMar 10, 2026
PostedMar 10, 2026
Last sold$1,050,000
MLS statusPending
MLS updatedMar 31, 2026
Tour days6
Views386
Favorites14
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98125
Price history
6 events
DateEventPrice$/sqftSource
Mar 31, 2026Pending Sale$1,216,800$360NWMLS as distributed by MLS GRID
Mar 10, 2026Listed For Sale$1,216,800$360NWMLS as distributed by MLS GRID
Jun 11, 2019Sold$1,050,000$311NWMLS as distributed by MLS GRID
Jun 15, 2018Sold$800,000$237NWMLS as distributed by MLS GRID
Apr 9, 2018Pending Sale$799,950$237Windermere Real Estate Co.
Mar 26, 2018Listed For Sale$799,950$237Windermere Real Estate Co.
Pending Sale$1,216,800
Mar 31, 2026•$360/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,216,800
Mar 10, 2026•$360/sqft•NWMLS as distributed by MLS GRID
Sold$1,050,000
Jun 11, 2019•$311/sqft•NWMLS as distributed by MLS GRID
Sold$800,000
Jun 15, 2018•$237/sqft•NWMLS as distributed by MLS GRID
Pending Sale$799,950
Apr 9, 2018•$237/sqft•Windermere Real Estate Co.
Listed For Sale$799,950
Mar 26, 2018•$237/sqft•Windermere Real Estate Co.
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$10,479$1,038,000
Apr 7, 2023$8,816$879,000
Apr 7, 2022$9,097$1,021,000
Apr 7, 2021$7,403$752,000
Apr 7, 2020$6,793$653,000
Apr 7, 2019$6,894$675,000
Apr 7, 2018$6,290$685,000
Apr 7, 2017$6,494$619,000
Apr 7, 2016$4,278$516,000
Apr 7, 2015$4,278$472,000
Apr 7, 2014$4,278$414,000
Apr 7, 2013$4,278$385,000
Apr 7, 2012—$342,000
Apr 7, 2011—$383,000
Apr 7, 2010—$342,000
Apr 7, 2009—$342,000
Apr 7, 2007—$302,000
Apr 7, 2006—$285,000
Apr 7, 2005—$266,000
Apr 7, 2001$2,369$199,000
Apr 7, 2000$2,380$190,000
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
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Based on information submitted to the MLS GRID as of 2026-04-07 06:18:26 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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