12030 32nd Ave NE
Seattle WA 98125
Orca Apartments
12030 32nd Ave NE Seattle WA 98125
Listing #: 709362 | Status: Available | Last Modified: 4/7/2026 |
For Sale
- Phone:(425) 444-6501
- Email:dan.swanson@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,280,000.0
- $/SF$ 277.4
- $/Unit$ 1,280,000.0
- Listing StatusAvailable
- Days on Market50
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income94,848
- Vacancy Factor %5.06%
- Operating Expenses31,392
- Net Operating Income58,655
- CAP Rate 4.96 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.96 %
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5334
- Net Rentable Area4615
- Total Office SF
- Largest Contiguous SF
- Lot SF6600
- Acres0.15
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaN. Seattle
- Tax ID #8822901160
- Additional Parcels
- ZoningLR3(M)
- # Covered Spaces0
- # Uncovered Spaces6
- Total Parking Spots6
- Parking Ratio
- Year Built1959
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Meticulously Maintained Apartments in Walkable Lak
The Orca Apartments presents a compelling opportunity to acquire a meticulously maintained, value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959, this low-maintenance three-story brick building with wood-frame construction sits on a ±6,600 square foot lot and combines strong in-place performance with significant upside potential in one of North Seattle’s most connected neighborhoods. The property benefits from a “Very Walkable” walk score of 88, placing residents within easy reach of neighborhood restaurants, cafés, and shops. Outdoor recreation is easily accessible with close proximity to the Burke-Gilman Trail and Lake Washington. Transit connectivity is outstanding, with six bus routes within a 10-minute walk providing direct service to the University o










