10742 Lakeside Avenue NE, Seattle, WA 98125
- $1,035,000
- 2,380
- SqFt
Listing courtesy of Windermere Real Estate/M2, LLC. Selling Office: WPI Real Estate Services, Inc..
- Sold Price
- $1,035,000
- List Price
- $1,099,950
- Status
- SOLD
- MLS#
- 2472723
- Closing Date
- Jun 10, 2026
- Days on Market
- 82
- Style
- 52 - Duplex
- Finished SqFt
- 2,380
- Area Total SqFt
- 2380
- Annual Tax Ammount
- 9455
- Lot Size (sq ft)
- 3,785
- Sewer
- Sewer Connected
Property Description
Great investment opportunity in a truly exceptional location! This well-maintained duplex sits just above the Burke-Gilman Trail and offers stunning views of Lake Washington and the Cascade Mountains. Filled with retro charm, the main-level unit features 3 bedrooms and 1 bath, a spacious living room with fireplace, and a dining room framed by a picture window showcasing the view. The kitchen highlights vintage tile and more windows for the view! There's beautiful hardwood floors, classic doorknobs, and built-in storage featured throughout the home. Enjoy the large covered deck, ideal for entertaining or taking in breathtaking sunrises over the water. The lower-level unit offers 2 bedrooms and 1 bath, a generous kitchen and dining area, a large living room with fireplace, and a covered patio with scenic views. Both units include in-unit washer and dryer. Ample street parking in front of the home plus a one-car garage. Live in one unit and rent the other to offset your mortgage or maximize rental income.
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Additional Information
- List Date
- 2026-03-20 00:00:00
- Community
- Matthews Beach
- Net Operating Income
- $55,195
- Gross Scheduled Income
- $69,600
- Total Monthly Income
- $5,800
- Insurance Expenses
- $1,750
- Water/Sewer/Garbage Expenses
- $3,200
- Gross Rent Multiplier
- 17.17
- Total Expenses
- $14,405
- Cap Rate
- 4.62
- Vacancy Rate
- 50
- Total Number of Units
- 2
- Unit Name
- 10742
- Potential Terms
- Cash, Conventional
- Year Built
- 1942
- View
- Lake, Mountains
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- John Rogers
- Middle School
- Jane Addams
- High School
- Nathan Hale High
- Total Monthly Income
- $5,800
- Gross Scheduled Income
- $69,600
- Vacancy Rate
- 50
- Tax Year
- 2025
- Insurance Expense
- $1,750
- W/S/G Expenses
- $3,200
- Total Expenses
- $14,405
- Net Operating Income
- $55,195
- Gross Rent Multiplier
- 17.17
- Cap Rate
- 4.62
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