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.
Pending
Listed by: Berkshire Hathaway HS NW • Martin J. Ho
$900,000
10451 Rainier Avenue S, Seattle, WA 98178
2beds
2baths
1,750sqft
Duplex, Multi Family
Built in 1943
-- sqft lot
$846,000 Zestimate®
$514/sqft
$-- HOA
What's special
Basement storageCarpet flooringEstablished residential surroundingsLake and territorial viewsDeeded waterfront accessPatio spaceMultiple uncovered parking spaces
- 126 days
- 77
- 3
Zillow last checked:
Listing updated:
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2513692
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, Multi Family
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: 4/27/2026
- Cumulative days on market: 127 days
- Listing terms: Conventional
Estimated market value
$846,000
$804,000 - $888,000
$2,360/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Pending sale | $900,000$514/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $900,000+1100%$514/sqft |
Source: | ||
| 12/21/1984 | Sold | $75,000$43/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,787 +2.8% | $818,000 -2.7% |
| 2024 | $9,516 +12.4% | $841,000 +19% |
| 2023 | $8,464 +3.6% | $707,000 -7.2% |
| 2022 | $8,169 +4.4% | $762,000 +21.7% |
| 2021 | $7,822 +5.1% | $626,000 +10% |
| 2020 | $7,442 +0.6% | $569,000 +0.5% |
| 2019 | $7,397 +7.6% | $566,000 +4.6% |
| 2018 | $6,875 -0.4% | $541,000 +16.1% |
| 2017 | $6,901 +40.2% | $466,000 +16.2% |
| 2016 | $4,924 | $401,000 +9.3% |
| 2015 | $4,924 | $367,000 +10.5% |
| 2014 | $4,924 | $332,000 +34.4% |
| 2013 | $4,924 | $247,000 -3.5% |
| 2012 | -- | $256,000 -17.7% |
| 2011 | -- | $311,000 -11.4% |
| 2010 | -- | $351,000 |
| 2009 | -- | $351,000 +1.4% |
| 2007 | -- | $346,000 +4.8% |
| 2006 | -- | $330,000 +9.3% |
| 2005 | -- | $302,000 +41.8% |
| 2001 | $2,704 -3.4% | $213,000 +2.4% |
| 2000 | $2,798 | $208,000 |
Find assessor info on the county website
Monthly payment
Est. payment







