Prepared by https://www.commercialmls.com
12000 15th Ave NE Seattle WA 98125
Listing #: 682766 | Status: Available | Last Modified: 4/7/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 852,710 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 852,710 |
| CAP Rate | 4.00 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Financial Summary | |
|---|---|
| CAP Rate | 4.000 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 39 |
| A/C | Yes |
| Total Building SF | 28,785 SF |
| Net Rentable Area | 28,785 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 14,375 SF |
| Acres | 0.33 |
| Year Built | 2000 |
| Sprinklers | Yes |
| Construction Type | Concrete, Steel, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Market Area | N. Seattle |
| Tax ID # | 6798100830 |
| Zoning | LR3-RC(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 43 |
| # Uncovered Spaces | -37 |
| Total Parking Spots | 6 |
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
39 apartment units, and 4 commercial units.
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
Raleigh Manor Apts
12000 15th Ave NE Seattle WA 98125
Listing #: 682766 | Status: Available | Listing Date: 6/10/2024 | Last Modified: 4/7/2026 | Email Listing
































