12000 15th Ave NE
Seattle WA 98125

Raleigh Manor Apts

12000 15th Ave NE Seattle WA 98125

Listing #: 682766 | Status: Available | Last Modified: 4/7/2026 |

For Sale
Mandy Wu
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 15,988,000.0
  • $/SF$ 555.4
  • $/Unit$ 15,988,000.0
  • Listing StatusAvailable
  • Days on Market693
  • Asset ClassRetail, Office, Multi-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income852,710
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income852,710
  • CAP Rate 4.00 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Financial Summary
  • CAP Rate 4.00 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units39
  • # of Elevators
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF28785
  • Net Rentable Area28785
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF14375
  • Acres0.33
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building ClassB
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaN. Seattle
  • Tax ID #6798100830
  • Additional Parcels
  • ZoningLR3-RC(M)
Parking Information
  • # Covered Spaces43
  • # Uncovered Spaces-37
  • Total Parking Spots6
  • Parking Ratio
Construction
  • Year Built2000
  • Year Renovated
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction TypeConcrete, Steel, Wood

Chicago Title

Public Comments

DESCRIPTION Prime Location: Located at 12000 15th Ave NE, Seattle, WA 98125, Raleigh Manor Apartments is situated in the bustling Northgate neighborhood. This prime location is undergoing significant development, including the new Northgate Light Rail Station, enhancing connectivity and attracting a growing population. Diverse Revenue Streams: The property features multiple family units and three retail stores on the ground floor, offering diversified income sources. The combination of residential and commercial tenants ensures a stable and reliable revenue stream. High Demand and Occupancy Rates: Seattle's strong rental market and high demand for quality housing contribute to consistently high occupancy rates. The desirable location and well-maintained units attract a wide range of tena

Public Building Comments

39 apartment units, and 4 commercial units.

Search Tags

Church/Religious Facility, Day Care, Government, Grocery Anchor, Gym/Rec Center, Industrial/Office, Industrial/Retail, Live/Work, Medical/Dental, Mini-Storage, Nursing Facility, Restaurant, Showroom, Street Retail, Executive Suite, Data Center/Call Center, Mini-Mart/C-Store, Research & Development, Lab, Salon/Spa, Life Science, Bio Tech, Bank, Bar/Tavern/Night Club

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