Seattle, WA 98125 12348 33rd Avenue NE
$1,920,000
9 more
Presented By: Paragon Real Estate Advisors and NWMLS
- MLS# 2422481
- 08/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 5,875
Home Details
There is attractive seller financing available: $600,000 down, 5.0% interest only for years 1 to 2, and 5.5% interest only for years 3 to 5 on a five year term. The property features a strong unit mix of five 1BD/1BTH and three 2BD/1BTH apartments, plus 8 storage lockers, 12 off-street parking spaces, and an owned on-site laundry room—offering multiple income streams. All units feature a full appliance package with electric ranges, dishwashers, and refrigerators, as well as a deck or balcony.
Presented By: Paragon Real Estate Advisors and NWMLS
Interior Features for 12348 33rd Avenue NE
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 12348 33rd Avenue NE
Building Area UnitsSquare Feet
Cap Rate5.13
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsFrom downtown Seattle, follow I-5 N to WA-522 E/Lake City Way NE. Take exit 171 from I-5 N. Follow Lake City Way NE to 33rd Ave NE.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingRadiant
High School DistrictSeattle
Insurance Expense5585
Leasable Area6600
Listing TermsCash Out, Conventional, Owner Financing
Lot Size Square Feet6600
Lot Size UnitsSquare Feet
MLS Area710 – North Seattle
ModificationTimestamp2025-09-12T18:16:11.610Z
NWM_ShowMapLinkY
Net Operating Income98410
New ConstructionNo
Number Of Units Total8
Open Parking Spaces12
PossessionClosing
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThere is attractive seller financing available: $600, 000 down, 5.0% interest only for years 1 to 2, and 5.5% interest only for years 3 to 5 on a five year term. The property features a strong unit mix
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameLake City
Tax Annual Amount15697
Tax Year2025
Units Below Gradefalse
Units In Building Total8
Water Sewer Garbage14179
Year Built1967
Exterior for 12348 33rd Avenue NE
Building Area Total5875
Covered Spaces
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Size Acres0.1515
Parking Uncovered Spaces12
Total Parking12
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®