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The Kensington, is 10-unit, three-story apartment building in Seattle's Lake City neighborhood, offered at approximately $214 per square foot. With a in place monthly income of nearly $19,000/mo. Unusually large units set it apart: (6) 2bd/1ba at approx. 1,100 SF and (4) 1bd/1ba at approx. 950 SF, each with a private balcony or patio. The property delivers a 6.20% cap rate today and a 7.54% cap rate at market. Recent capital improvements include a new roof (2023), plumbing upgrades, upgraded common areas, and new storage lockers. The building also has double pane vinyl windows throughout. Only one of the ten units has been renovated, so a buyer has a clear path to growing rents as units turn, with already strong in-place rents of $1,625 to $2,050 against market rents of $1,790 and $2,250 (assuming in-unit washer/dryers). Additional upside comes from charging for the 16 parking spaces and renting out all 9 storage lockers. Large units, a strong cap rate, and ample CapEx improvements all in an attractive and growing market make this a smart investment for anybody looking to expand their portfolio.

14333 32nd Avenue NE, Seattle

Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

$299,950

1 Beds ⋅ 1 Baths ⋅ 2588461 MLS ⋅ Sande Fjord Condo BLDG.

Rare Lake City Gem: Secured, Fully Remodeled 1-Bed Condo with your own Garage, Elevator & Low HOAs! Welcome to a standout living experience in the heart of Seattle's ultra-convenient Lake City neighborhood. Peace of mind begins the moment you arrive at this well-maintained 16-unit complex, featuring a fully secured, gated entrance. Step inside the welcoming lobby, where a convenient elevator to your right provides effortless, stair-free access straight to your floor—a rare luxury for a boutique building. This spacious 1-bedroom unit stands entirely apart from the rest. Enjoy the financial predictability of a rare, self-managed condo community that keeps your monthly HOA dues exceptionally low. Inside, you'll find a light-filled layout showcasing a comprehensive 2022 remodel. The kitchen and bathroom have been fully transformed with modern, premium finishes, perfectly complemented by beautiful, durable Luxury Vinyl Plank (LVP) floors flowing seamlessly through the kitchen, dining room, and bath.

12035 32nd Avenue NE Unit #202, Seattle

Listing Broker: Redfin; Joy Huang; 206-388-6902; joy.huang@redfin.com

$205,000

1 Beds ⋅ 1 Baths ⋅ 2595244 MLS ⋅ Char Lorene BLDG.

North Seattle condo living with low HOA dues and no rental cap. This move-in-ready, top-floor end unit at the Char Lorene Condominiums offers 1 bedroom, 1 full bathroom and 560 sq ft in Seattle’s Olympic Hills neighborhood. Fresh interior paint and new carpet make it easy to settle in, while vaulted ceilings and abundant natural light give the one-level layout an open feel. The living room centers on a wood-burning fireplace and extends to a private balcony for additional outdoor space. The kitchen includes a dishwasher, refrigerator, range and garbage disposal, with dedicated dining space nearby. Additional features include laminate flooring, a full bath with tub and an electric water heater. One assigned off-street parking space is included. The gated 18-unit community offers controlled access, outside entry and a shared laundry room. Monthly HOA dues are $274 and include water, sewer, garbage and common-area maintenance, helping keep ownership costs predictable. With no rental cap, the property offers flexibility as a primary residence, Seattle pied-à-terre or long-term rental; buyer to verify rental requirements. Convenient access to Lake City Way, I-5, Link light rail, bus routes, Northgate, Lake City, shopping, restaurants, parks and farmers markets connects this Olympic Hills condo to destinations throughout Seattle. An approachable price point for a top-floor one-bedroom condo with parking, outdoor space and practical amenities in the 98125 zip code.

3024 NE 143rd Street Unit #301, Seattle

Listing Broker: Keller Williams North Seattle; Dina Mathews; 206-222-6708; dina@bktnorthwest.com

$525,000

2 Beds ⋅ 3 Baths ⋅ 2593467 MLS

Tucked into a quiet North Seattle nook, this south-facing, light-filled 2-bed, 2.25-bath home offers low-maintenance living and outdoor space. Big windows frame mature trees, and there is no road noise, just calm. The kitchen features quartz counters and abundant cabinetry, and the primary bedroom features a large ensuite with a walk-in shower and a walk-in closet. Thoughtful upgrades include custom closet systems, laundry and mudroom shelving, updated window coverings, a Trex entry deck with a raised garden bed, and a gated back patio perfect for a barbecue, bike storage, or secure package delivery! Includes ductless mini-splits for heating and cooling and a dedicated EV-Ready parking space. A simple 3-unit HOA keeps dues low. Close to Meadowbrook Park, Matthews Beach, and Lake Washington.

11822 31st Place NE Unit #B, Seattle

Listing Broker: Coldwell Banker Bain; Cyrus Fiene; 425-299-7557; cyrus@cyrusfieneteam.com

$2,150,000

2596136 MLS

Turnkey 10-unit Marella Apartments in Seattle’s Lake City neighborhood. All major capital projects are complete: fully re-sided with exterior paint, new roof and new windows (2023), new electrical panels (2025) and a new sewer line (2025-26), with updated common areas. Seven of ten units are renovated, leaving only three to turn. Professionally managed with zero vacancies and zero delinquencies, and all paperwork is in order: move-in reports, security deposits and last month’s rent on file. Eight 1BD/1BA (approx. 675 sf) and two 2BD/1BA (approx. 850 sf) units, plus 14 off-street parking spaces. Built 1968, effective year built 1992 per tax records, on an 8,480 sf lot. Large walk-in closets next to each hot water tank make adding in-unit washers and dryers easy. Close to Lake City Way shops, services and transit, with Stride bus rapid transit coming in 2028. 5.76% cap rate on in-place rents, 6.85% at market.

3055 NE 140th Street, Seattle

Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

$775,000

3 Beds ⋅ 2 Baths ⋅ 2596794 MLS

Welcome to this bright and inviting tri-level home, built in 1957 and meticulously maintained by the same one-owner family for generations. Classic midcentury details include vaulted ceilings, original wood millwork, and hardwood floors throughout. The main level offers a seamless flow between the living room with wood-burning fireplace, kitchen with eating nook, and dining area with convenient sliders to the serene, lush backyard. Upstairs features three bedrooms and a full bathroom. The lower level includes a separate entry, laundry/storage room, 3/4 bathroom, and an attached garage. Keep cool in the summer with coveted AC, and enjoy peace of mind with updated baths, electrical, plumbing, and a newer roof. Tucked away on a quiet dead-end street, this home boasts a secluded private setting complemented by convenient access to Lake City Way, popular amenities, and Northgate light rail. Simply move in and enjoy!

13315 31st Avenue NE, Seattle

Listing Broker: Lake & Company; John C. Blacksmith; 206-527-1777; john@johnblacksmith.com

$749,000

3 Beds ⋅ 1 Baths ⋅ 2596032 MLS

Light-filled, airy and thoughtfully designed, this home makes everyday living feel extraordinary. A custom built-in bench welcomes you at the entry. Vaulted ceilings soar above the inviting great room, where a beautifully remodeled kitchen features an oversized island with a custom butcher block top. Under-cabinet lighting highlights additional butcher block countertops, stainless steel appliances and soft-close cabinetry, while a cozy built-in dining nook completes the space. Large windows on three sides bring the outdoors in and welcome you toward the backyard oasis. Outside, a generous covered deck, softly lit by bistro lights, invites year-round outdoor dining and entertaining. A fire pit with large built-in seating, a generous lawn, and drip-irrigated raised garden beds create a fully fenced, private retreat made for gathering, gardening or simply unwinding. A finished backyard studio with power offers the perfect flexible space as a home office, gym, or creative studio. The thoughtful details continue inside with a remodeled, spa-inspired bathroom featuring heated floors and three bedrooms with closets. A whole-house fan provides summer comfort and a recently replaced sewer lateral offers peace of mind. A two-car carport and additional off-street parking add everyday convenience. Just moments from neighborhood favorites like Hellbent Brewing and Dick’s Drive-In, with Northgate light rail and I-5 close by.

13047 31st Avenue NE, Seattle

Listing Broker: Windermere Real Estate Co.; Hans Struzyna; 206-524-1100; h.struzyna@windermere.com

$224,950

1 Beds ⋅ 1 Baths ⋅ 2597113 MLS ⋅ Tuscany at Lake City BLDG.

Spacious, cheerful and truly move-in ready, this one-bedroom, one-bath, single-level condo checks all the boxes that matter. The updated kitchen has granite counters, stainless steel appliances, and plenty of cabinet space. The bedroom has a generous closet, and there’s a nice full bath. The in-unit stacked washer/dryer means no quarters and no lugging your dirty laundry to the laundry room. Secure garage parking and an extra storage closet are included, and the elevator makes bringing groceries home a breeze. The gated building has controlled access, a welcoming lobby, and a sunny courtyard with a community garden, gas BBQ area, and a dog run for your four-legged roommate (yes, we’re pet-friendly here!).Your morning starts with a bagel or a breakfast burrito at Rachel's, your afternoon might mean a laptop session at the neighborhood library, and Friday ends with a pint at Hellbent Brewing. All of it is just around the corner from your front door. I-5 is close, the bus is a couple of blocks away, and light rail is a short hop for a car-free ride to downtown, South Lake Union, or SeaTac. Come see it. You'll want to stay.

14300 32nd Avenue NE Unit #204, Seattle

Listing Broker: Windermere Real Estate Midtown; Theresa Truex; 206-972-7768; ttruex@windermere.com

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