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
Dan Swanson
  • Phone:(425) 444-6501
  • Email:dan.swanson@kidder.com
  • Office Name:Kidder Mathews
  • Office Phone:(208) 362-8600
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,280,000.0
  • $/SF$ 277.4
  • $/Unit$ 1,280,000.0
  • Listing StatusAvailable
  • Days on Market50
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income94,848
  • Vacancy Factor %5.06%
  • Operating Expenses31,392
  • Net Operating Income58,655
  • CAP Rate 4.96 %
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
Financial Summary
  • CAP Rate 4.96 %
Associated Files
Building Information
  • 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 Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaN. Seattle
  • Tax ID #8822901160
  • Additional Parcels
  • ZoningLR3(M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces6
  • Total Parking Spots6
  • Parking Ratio
Construction
  • Year Built1959
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Meticulously Maintained Apartments in Walkable Lak

Public Comments

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

Listing Images