Listing provided courtesy of Kidder MathewsNWMLSas Distributed by MLSGrid- MLS# NWM2486762MLS Provider

12030 32nd Avenue NE #1-6Seattle, WA 98125

Multi-Family · 7 Beds · 5,334 Sq. ft. | 0.15 Acres
$1,280,000 Pending

12030 32nd Avenue NE #1-6 Overview

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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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12030 32nd Avenue NE #1-6 Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,334
  • Price/Sq.ft. $240
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: John Hay Elementary
  • Middle Or Junior School: Jane Addams
  • High School: Nathan Hale High

Income/Expenses

  • Other Expense: 5478
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 99840
  • Insurance Expense: 6015
  • Net Operating Income: 63456
  • Total Expenses: 31392
  • Total Monthly Income: 8320
  • Water/Sewer/Garbage: 7773

Building Information

  • New Construction: No
  • Year Built: 1959

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 710 - North Seattle
  • Subdivision Name: Lake City

Community/Development

  • Amenities: Coin Op Laundry,Storage

Tax Information

  • Tax Annual Amount: $12,126.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 8822901160
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 5334
  • Building Area Units: Square Feet
  • Calculated Square Footage: 5334
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Yes
  • Leasable Area: 4418
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 3

Unit Information

  • Unit Number: 1-6

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.1515
  • Lot Size Square Feet: 6600
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1150
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1245
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1285
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1395
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1395
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

12030 32nd Avenue NE #1-6 Neighborhood

Community

98125 (Seattle) Demographics

38
Median Age
6,834
Population Density (per sq. mile)
64%
College Educated
$78,263
Estimated Median Income
9,110
Estimated Total Home Owners
10,533
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12030 32nd Avenue NE #1-6 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12030 32nd Avenue NE #1-6 Market Data

Based on the last 30 days in this zip code

$876,158
Average List Price
$494
Average Price per Square Foot
36
Properties Sold
65
Average Days on Market
155
Properties for Sale
Calculations provided by Reliance Network

12030 32nd Avenue NE #1-6 History

Date Event Value Agent
6/3/2026Source: NWMLS Status Change
Pending
4/15/2026Source: NWMLS Status Change
Pending Feasibility
3/3/2026Source: NWMLS Added to Database
March 03, 2026