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3055 NE 140th Street Seattle, WA $ 2,150,000
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3055 NE 140th Street
$ 2,150,000
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3055 NE 140th Street

Seattle, WA, 98125
$ 2,150,000
Bedrooms12 Baths10.0 Sq 8,711

Monthly Estimate*

$ 14,850

Listed by Grant Fosheim, Opal Blue Real Estate, LLC, 425-359-7259, Grant@OpalBlueRE.com
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View a Virtual Tour

Multi-Family Home for sale in Seattle, WA

for $2,150,000 with 12 bedrooms and 10 full baths. This 8,711 square foot home was built in 1968 on a lot size of 0.1947.

Turnkey 10-unit Marella Apartments in Seattle’s Lake City neighborhood. All major capital projects are complete: fully re-sided with exterior paint, new roof and new windows (2023), new electrical panels (2025) and a new sewer line (2025-26), with updated common areas. Seven of ten units are renovated, leaving only three to turn. Professionally managed with zero vacancies and zero delinquencies, and all paperwork is in order: move-in reports, security deposits and last month’s rent on file. Eight 1BD/1BA (approx. 675 sf) and two 2BD/1BA (approx. 850 sf) units, plus 14 off-street parking spaces. Built 1968, effective year built 1992 per tax records, on an 8,480 sf lot. Large walk-in closets next to each hot water tank make adding in-unit washers and dryers easy. Close to Lake City Way shops, services and transit, with Stride bus rapid transit coming in 2028. 5.76% cap rate on in-place rents, 6.85% at market.

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

12

Full Bath

10

Property Type

Multi-Family

Taxes

$ 17,226

Style

10+ Units

Lot Size

0.1947

Year Built

1968

Town/City

Seattle

County/Region

King

MLS | Web ID

2596136
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject To Tenant Rights
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1968
View Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 123866
Insurance Expense 4053
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lake City
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS to property
High School Buyer To Verify
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 10
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 8480
Carport Spaces 7
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 17226
Electric Expense 1506
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Turnkey 10-unit Marella Apartments in Seattles Lake City neighborhood. All major capital projects are complete: fully re-sided with exterior paint new roof and new windows (2023) new electrical panel
Leasable Area 7100
Virtual Tour https://www.youtube.com/watch?v=9UYXobwAVrM
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Seattle
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 14866
Property Style 56 - 10+ Units
Cap Rate 5.76
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Exterior
Exterior Amenities Wood Products
Lot Features Corner Lot Paved Sidewalk
Water Source Public
Total Parking 14
Foundation Details Poured Concrete
Building Area Total 8711
Lot Size Acres 0.1947
Waterfront Y/N N
Covered Spaces 7
Irrigation Water Rights Y/N N
Parking Uncovered Total 7
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Interior
Flooring Laminate Vinyl Plank Carpet
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 NWM2596136
Street Number 1 3055
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* Excluded Features
List By
Grant Fosheim

Listing Agent

Opal Blue Real Estate, Llc

Broker

Grant@OpalBlueRE.com

Email

Affordability Calculator

$16,285
Per Month
91%
9%
0%
Monthly Principal & Interest
$14,850
Monthly Property Taxes
$1,436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3100738 Elementary School
3100363 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2026$2,150,000 Listed Price

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3055 NE 140th Street, Seattle, WA, 98125 is a Multi-Family Home for sale at $2,150,000 with 8,711 sqft and a lot size of 0.1947. 3055 NE 140th Street has 12 bedrooms, 10.0 baths, and was built in 1968. The property's zip code is 98125 which is in Seattle, WA

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