Home Highlights
Single-Family Home
2,450 sqft
$500/sqft
Attached Garage
Local Information
-- mins to
About this House
[AVAILABLE JANUARY 1st, 2026] Welcome to your new rental home in the highly sought-after Portage Bay neighborhood of Seattle! This spacious 2-bedroom, 3-bathroom residence with an additional bonus room offers a perfect blend of modern amenities and classic charm.
Key Features:
Spacious Bedrooms: Two generously sized bedrooms provide ample space for relaxation and rest. Main bedroom includes large sitting area, reading nook with Lake Union views, and large walk-in closet. Large windows let in plenty of natural light.
Three Bathrooms: Enjoy the convenience of two full bathrooms and one half bath. Main bedroom 5-piece bath.
Bonus Room: The versatile bonus/media room features surround sound for the best movie nights. Room can also be used as a third bedroom with ample extra space adaptable to your needs.
Open Living Dining Kitchen Area: The open-concept living and dining area offers a seamless flow, perfect for hosting gatherings or cozy family nights. Hardwood floors and a charming fireplace add to the homes appeal. Entertain guests from the kitchen as you cook in this open floor plan.
Private Outdoor Space: Step out to your private patio space or your second-level deck which boasts the perfect spot to enjoy your morning coffee or casual meal.
Parking: Amazing parking available! One covered spot in the attached garage plus two designated outdoor spots available (one on street level and one by garage in driveway).
Location: Nestled in the heart of Portage Bay, this home offers easy access to the best of Seattle living. Located one block from the University bridge. I-5 freeway access less than 0.3 miles away.
Waterfront and Marinas: Take advantage of the nearby waterfront for boating, kayaking, and scenic walks.
Local Dining and Shopping: Discover a variety of local shops, cafes, and restaurants just a short stroll away in Portage Bay and Eastlake neighborhoods. Check out Johnny Mos just 700 feet away for the best pizza and Little Market just 0.2 miles away for your morning espresso and scone!
Parks and Recreation: Nearby parks and green spaces provide plenty of opportunities for outdoor activities and leisurely walks.
Last month's rent due at signing. No smoking allowed. $400 cleaning fee (non-refundable), $3000 security deposit (refundable).
Key Features:
Spacious Bedrooms: Two generously sized bedrooms provide ample space for relaxation and rest. Main bedroom includes large sitting area, reading nook with Lake Union views, and large walk-in closet. Large windows let in plenty of natural light.
Three Bathrooms: Enjoy the convenience of two full bathrooms and one half bath. Main bedroom 5-piece bath.
Bonus Room: The versatile bonus/media room features surround sound for the best movie nights. Room can also be used as a third bedroom with ample extra space adaptable to your needs.
Open Living Dining Kitchen Area: The open-concept living and dining area offers a seamless flow, perfect for hosting gatherings or cozy family nights. Hardwood floors and a charming fireplace add to the homes appeal. Entertain guests from the kitchen as you cook in this open floor plan.
Private Outdoor Space: Step out to your private patio space or your second-level deck which boasts the perfect spot to enjoy your morning coffee or casual meal.
Parking: Amazing parking available! One covered spot in the attached garage plus two designated outdoor spots available (one on street level and one by garage in driveway).
Location: Nestled in the heart of Portage Bay, this home offers easy access to the best of Seattle living. Located one block from the University bridge. I-5 freeway access less than 0.3 miles away.
Waterfront and Marinas: Take advantage of the nearby waterfront for boating, kayaking, and scenic walks.
Local Dining and Shopping: Discover a variety of local shops, cafes, and restaurants just a short stroll away in Portage Bay and Eastlake neighborhoods. Check out Johnny Mos just 700 feet away for the best pizza and Little Market just 0.2 miles away for your morning espresso and scone!
Parks and Recreation: Nearby parks and green spaces provide plenty of opportunities for outdoor activities and leisurely walks.
Last month's rent due at signing. No smoking allowed. $400 cleaning fee (non-refundable), $3000 security deposit (refundable).
3132 Franklin Ave E, Seattle, WA 98102 is a 2 bedroom, 3 bathroom, 2,450 sqft single-family home in Portage Bay. It last sold for $1,059,950 on Mar 2, 2020 (20,284% above the $5,200 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $5,500 per month. That rental listing was removed on January 15, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,225,800, with a rent estimate of $4,616/month.
Home Details for 3132 Franklin Ave E
|
|---|
Property Type / Style Property Type: Single Family Home |
|
|---|
Lease Term: 1 YearAvailable: now |
|
|---|
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
|
|---|
Parking & Garage Parking: Attached Off Street, On Site |
Comparable Sales for 3132 Franklin Ave E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $1,177,560 | 03/10/26 | 5 | 4 | 3,610 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Portage Bay
Last updated Sep 2026
Trulia Rent Estimate$4,616/mo
Average rent
$2.14K
$252MoM
Available listings
15
Around this home
What Locals Say about Portage Bay
At least 8 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's walkable to restaurants
94 % Say there are sidewalks
71 % Say parking is easy
66 % Say neighbors are friendly
59 % Say streets are well-lit
59 % Say people would walk alone at night
58 % Say car is needed
57 % Say there's holiday spirit
50 % Say kids play outside
44 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
37 % Say there's wildlife
31 % Say there are community events
25 % Say it's quiet
25 % Say yards are well-kept
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 15, 2026 Source: Zillow Rentals | ListingRemoved | $5,200 |
Dec 17, 2025 Source: Zillow Rentals | PriceChange | $5,200 Price decreased by 5% |
Aug 6, 2025 Source: Zillow Rentals | Listed For Rent | $5,500 |
Jul 14, 2024 Source: Zillow Rentals | ListingRemoved | |
Jun 28, 2024 Source: Zillow Rentals | PriceChange | $5,000 Price decreased by 16% |
Jun 22, 2024 Source: Zillow Rentals | PriceChange | $5,950 Price decreased by 6% |
May 23, 2024 Source: Zillow Rentals | Listed For Rent | $6,300 |
Mar 2, 2020 Source: NWMLS as distributed by MLS GRID #1555894 | Sold | $1,059,950 |
Feb 3, 2020 Source: Agent Provided | Pending | $1,059,950 |
Jan 24, 2020 Source: Agent Provided | Listed For Sale | $1,059,950 |
Nov 14, 2019 Source: Agent Provided | ListingRemoved | $1,075,000 |
Sep 30, 2019 Source: Agent Provided | PriceChange | $1,075,000 Price decreased by 2% |
Sep 7, 2019 Source: Agent Provided | Listed For Sale | $1,095,000 |
Jul 23, 2019 Source: Agent Provided | ListingRemoved | $1,095,000 |
Jun 29, 2019 Source: Agent Provided | PriceChange | $1,095,000 Price decreased by 5% |
May 22, 2019 Source: Agent Provided | Listed For Sale | $1,150,000 |
Feb 10, 2005 Source: NWMLS as distributed by MLS GRID #24162719 | Sold | $608,500 |
Mar 1, 2002 Source: N/A | Sold | $460,000 |
Mar 15, 2000 Source: N/A | Sold | $132,800 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,202 | $1,081,000 |
Home facts updated by county records
Frequently asked questions about 3132 Franklin Ave E
- What is 3132 Franklin Ave E estimated to be worth?Trulia's estimated value for 3132 Franklin Ave E in Seattle, WA is $1,225,800.
- What is the price history for 3132 Franklin Ave E?3132 Franklin Ave E in Seattle, WA last sold for $1,059,950 in March 2020.
- Is Seattle a buyer's or seller's market?Seattle is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Seattle?The median sale price in Seattle is $860K. That is up $6.67K from the prior month.
- Does 3132 Franklin Ave E have air conditioning?Yes, 3132 Franklin Ave E in Seattle, WA has air conditioning.
- Does 3132 Franklin Ave E have laundry facilities?Yes, 3132 Franklin Ave E in Seattle, WA has in-unit laundry.
Homes for rent near 3132 Franklin Ave E
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

