3315 Claremont Avenue South Seattle, WA 98144

$1,950,000
0.10
Acres
4,880
SQFT
400
$/SQFT
$1,950,000
4,880   sf
$400 / sf
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active
1/20
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The Claremont combines the durability of 1990s construction with the appeal of a full, top-to-bottom renovation—creating a turnkey multifamily investment with meaningful rental upside. Modern building systems and comprehensive updates translate to minimal near-term capital expenditures and easy day-to-day management. At the same time, current in-place rents remain below prevailing market levels for renovated apartments in the Columbia City/Mount Baker area, presenting a clear opportunity to increase income as leases roll and demand for well-finished units continues to grow. The renovation program was extensive and designed to position the property for long-term stability.

The Claremont combines the durability of 1990s construction with the appeal of a full, top-to-bottom renovation—creating a turnkey multifamily investment with meaningful rental upside. Modern building systems and comprehensive updates translate to minimal near-term capital expenditures and easy day-to-day management. At the same time, current in-place rents remain below prevailing market levels for renovated apartments in the Columbia City/Mount Baker area, presenting a clear opportunity to increase income as leases roll and demand for well-finished units continues to grow. The renovation program was extensive and designed to position the property for long-term stability.

  • Neighborhood
  • Type
  • County
    King
  • Area
    380 - Southeast Seattle
  • Tax Amount
    $12,746
  • Status
    Active
  • Listing #
    2440129
  • Built
    1992
  • Lot Size
    0.10
  • Listed on site
    21 days

Listed by:
Paragon Real Estate Advisors

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-10-23 09:32:17. DMCA
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Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
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