13215 35th Avenue NE, Seattle, WA 98125 (MLS # 2484318)
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Listing provided courtesy of Northwest MLS; WeLakeside
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First Time on the Market in Over 30 Years! This well-maintained Lake City triplex presents investors with stable in-place income, proven tenancy, and a big rental upside! Each unit features a spacious 2-bedroom, 1.5-bath layout with approximately 1,146 sq. ft. of living space, and private balconies that keeps long-term tenant retention. The property also includes a coin-operated laundry. The top unit is rented at a pro-forma rent of $2,500 per month, demonstrating the property's income potential. Units B and C remain slightly below market rents, creating a value-add opportunity for investors through gradual rent increases! Sitting on a sizable 8,100 sq. ft. LR2-zoned lot, the property offers not only strong current cash flow but also future redevelopment or expansion potential, adding long-term value to the investment. A big highlight is the exceptionally stable tenant history, with residents who have lived here for more than 20 years and take pride in their homes, resulting in consistent occupancy and reliable income over the past 30 years of ownership!
| LAST UPDATED | 2/25/2026 | TRACT | Cedar Park |
|---|---|---|---|
| YEAR BUILT | 1974 | COMMUNITY | Cedar Park |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 710 - North Seattle |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 8102 sq ft |
| LOT DESCRIPTION | Paved |
| MLS STATUS | Active |
| STORIES | 3 |
| STYLE | 53 - Tri-plex |
| SUBDIVISION | Cedar Park |
| TAXES | 10358 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/25/26 4:41 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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