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Seattle, WA, 98125 • Cedar Park • King County
$240/sqft
7Beds
6Baths
5,334Sqft
0.15 acLot
1959Built
5-9 Units Style
Built 1959 · 67 years of history
Lake City
Cedar Park
This home is getting attention
Listed 34 days ago · 956 views · 41 saves
Demand and pricing signals for this listing
956 views
People checking out this listing
41 saves
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34 days on market
Established listing
$240/sqft
Price per square foot
Multi Family · Built 1959
A meticulously maintained, value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959, it combines strong in-place performance with significant upside potential in one of North Seattle’s most connected neighborhoods. With a “Very Walkable” walk score of 88, residents are within easy reach of neighborhood restaurants, cafés, & shops. Close proximity to the Burke-Gilman Trail & Lake Washington and 6 bus routes within a 10-minute walk. Downtown and major employment centers are just minutes away. Orca Apartments consists of 5 one-beds and 1 two-bed. Units are notably oversized, averaging approx. 770 SF, and feature large living areas, generously sized closets, and dedicated dining spaces. Amenities include expansive decks, secured entry, some dishwashers, on-site laundry, & resident storage rooms. Units have been updated upon turnover, and one unit is fully renovated. The property has been extraordinarily well maintained, with recent improvements including a new roof, updated plumbing, modernized electrical panels, and dual-pane vinyl windows. There are 6 dedicated off-alley parking spaces in addition to convenient street parking directly in front of the building. Low historical turnover and likely ability to increase income by approx. 15% by adjusting rents to market and implementing a utility bill-back system. Orca Apartments offers investors durable cash flow today with clear, measurable value-add potential in a sought-after North Seattle location
Standout features identified
Our analysis highlights generously sized closets, modernized electrical panels, and on-site laundry as key attractions of this home.
Based on current rates
Est. 6.18% rate · 30yr fixed · $1,024,000 loan
Full calculator →Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Seattle, WA, 98125
1 event
Local context around this listing
Seattle, WA • King County
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Based on information submitted to the MLS GRID as of 2026-04-07 04:03:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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