Prepared by https://www.commercialmls.com
12030 32nd Ave NE Seattle WA 98125
Listing #: 709362 | Status: Available | Last Modified: 4/7/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 94,848 |
| Vacancy Factor % | 5.06% |
| Operating Expenses | 31,392 |
| Net Operating Income | 58,655 |
| CAP Rate | 4.96 % |
| 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 |
| Financial Summary | |
|---|---|
| CAP Rate | 4.958 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 6 |
| Total Building SF | 5,334 SF |
| Net Rentable Area | 4,615 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 6,600 SF |
| Acres | 0.15 |
| Year Built | 1959 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | King |
| Market Area | N. Seattle |
| Tax ID # | 8822901160 |
| Zoning | LR3(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 6 |
| Total Parking Spots | 6 |
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
Orca Apartments
12030 32nd Ave NE Seattle WA 98125
Listing #: 709362 | Status: Available | Listing Date: 3/2/2026 | Last Modified: 4/7/2026 | Email Listing










