Investor Opportunity in Seattle’s Lakeridge Neighborhood – Duplex with Lake & Territorial Views + Deeded Waterfront Access Well-located duplex in the Lakeridge area of Seattle offering strong long-term investment potential. This one-story multi-family property with an unfinished basement features approximately 1,750 square feet on a 7,040 square foot lot, with two separate 1bed/1bath units providing flexibility for rental income, multigenerational living, or future repositioning. Property includes hardwood, vinyl, and carpet flooring, basement storage, and patio space. Multiple uncovered parking spaces provide convenient off-street parking. Situated on a paved, dead-end street with sidewalks, curbs, and established residential surroundings. Enjoy territorial, city, and lake views along with deeded access to community waterfront/private beach, a rare amenity that enhances long-term desirability. Built in 1943, this property offers value-add potential for investors looking to renovate, optimize rents, or as a long-term hold. Close proximity to major commuter routes, employment centers, and neighborhood amenities.
74 days
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331
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7
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Zillow last checked:
Listing updated:
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2513692
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Baseboard, Forced Air, Electric, Natural Gas
Cooling
None
Features
Flooring: Hardwood, Vinyl, Carpet
Has fireplace: No
Interior area
Total structure area: 1,750
Total interior livable area: 1,750 sqft
Property
Parking
Total spaces: 4
Uncovered spaces: 4
Features
Has view: Yes
View description: City, Lake, Territorial
Has water view: Yes
Water view: Lake
Lot
Size: 7,039 Square Feet
Features: Curbs, Dead End Street, Paved, Sidewalk, Patio
Details
Parcel number: 2045400180
Zoning description: Multi-Family,Residential
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex
Materials
Wood Siding
Roof: Torch Down
Condition
Year built: 1943
Major remodel year: 1942
Utilities & green energy
Sewer: Sewer Connected
Community & HOA
Community
Subdivision: Lakeridge
Location
Region: Seattle
Financial & listing details
Price per square foot: $514/sqft
Tax assessed value: $818,000
Annual tax amount: $9,516
Date on market: 4/26/2026
Cumulative days on market: 75 days
Listing terms: Conventional
Estimated market value
Zestimate®
$866,500
Estimated sales range
$823,000 - $910,000
Rent Zestimate®
$2,803/mo
Price history
Date
Event
Price
4/28/2026
Listed for sale
$900,000+1100%$514/sqft
Source: NWMLS as distributed by MLS GRID #2513692Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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