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3055 NE 140th Street, Seattle, WA 98125

Seattle
Local realty services provided by:CENTURY 21 Van Dorm Realty
Listed by: grant fosheim
Office: opal blue real estate, llc.
MLS#:2596136
Source:NWMLS
3055 NE 140th Street,Seattle, WA 98125
$2,150,000
  • - Beds
  • - Baths
  • 8,711 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,150,000
  • Price per sq. ft.:$246.81

About this home

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.

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Home facts

  • Year built:1968
  • Subdivision & Development:Lake City
  • Listing ID #:2596136
  • Updated:October 24, 2026 at 11:28 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Plank
  • Living area:8,711 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1968
  • Building area:8,711 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Corner, Paved, Sidewalk
  • Construction Materials:Wood Products Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,150,000
  • Price per sq. ft.:$246.81
  • Tax amount:$17,226 (2026)

Parking

  • Total parking spaces:14
  • Carport spaces:7
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 24, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Jeffrey Pust

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