12030 32nd Avenue NE # 1-6 Seattle, WA $ 1,280,000
12030 32nd Avenue NE # 1-6
$ 1,280,000
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12030 32nd Avenue NE # 1-6

Seattle, WA, 98125
$ 1,280,000
Baths0.0 Sq 5,334

Monthly Estimate*

$ 7,881

Listed by Kidder Mathews
12030 32nd Avenue NE # 1-6, Seattle, WA 98125 - Image 1
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12030 32nd Avenue NE # 1-6, Seattle, WA 98125 - Image 8
12030 32nd Avenue NE # 1-6, Seattle, WA 98125 - Image 9
12030 32nd Avenue NE # 1-6, Seattle, WA 98125 - Image 10
Studio

Multi-Family Home for sale in Seattle, WA

for $1,280,000. This 5,334 square foot home was built in 1959 on a lot size of 0.1515.

A meticulously maintained, value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959, it combines strong in-place performance with significant upside potential in one of North Seattle’s most connected neighborhoods. With a “Very Walkable” walk score of 88, residents are within easy reach of neighborhood restaurants, cafés, & shops. Close proximity to the Burke-Gilman Trail & Lake Washington and 6 bus routes within a 10-minute walk. Downtown and major employment centers are just minutes away. Orca Apartments consists of 5 one-beds and 1 two-bed. Units are notably oversized, averaging approx. 770 SF, and feature large living areas, generously sized closets, and dedicated dining spaces. Amenities include expansive decks, secured entry, some dishwashers, on-site laundry, & resident storage rooms. Units have been updated upon turnover, and one unit is fully renovated. The property has been extraordinarily well maintained, with recent improvements including a new roof, updated plumbing, modernized electrical panels, and dual-pane vinyl windows. There are 6 dedicated off-alley parking spaces in addition to convenient street parking directly in front of the building. Low historical turnover and likely ability to increase income by approx. 15% by adjusting rents to market and implementing a utility bill-back system. Orca Apartments offers investors durable cash flow today with clear, measurable value-add potential in a sought-after North Seattle location

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Multi-Family Active

Price

$ 1,280,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,126

Style

5-9 Units

Lot Size

0.1515

Year Built

1959

Town/City

Seattle

County/Region

King

MLS | Web ID

2486762

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1959
Unit Number 1-6
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 63456
Insurance Expense 6015
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lake City
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions On the east side of 32nd Ave NE between NE 132nd St and NE 120th St.
High School Nathan Hale High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 6
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 6600
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School John Hay Elementary
Tax Annual Amount 12126
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Jane Addams
Public Remarks A meticulously maintained value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959 it combines strong in-place performance with significant upside potential in one of No
Leasable Area 4418
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 7773
Property Style 55 - 5-9 Units
Cap Rate 5
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Exterior
Exterior Amenities Brick
Lot Features Paved
Water Source Public
Building Area Total 5334
Lot Size Acres 0.1515
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Total 6
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2486762
Street Number 1 12030
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* Excluded Features
List By
Dan Swanson

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$8,892
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,881
Monthly Property Taxes
$1,011
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1884524 Elementary School
1328649 Middle School
Nathan Hale High High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$1,280,000 Listed Price

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12030 32nd Avenue NE # 1-6, Seattle, WA, 98125 is a Multi-Family Home for sale at $1,280,000 with 5,334 sqft and a lot size of 0.1515. 12030 32nd Avenue NE # 1-6 is a studio with 0.0 baths and was built in 1959. The property's zip code is 98125 which is in Seattle, WA