Property Details
10742 Lakeside Avenue NE
Seattle, WA 98125
$1,099,950
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Matthews Beach
Listed
Jan 28, 2026
Original Price
$1,195,000
Financial Summary
Cap Rate
4.62%
Net Operating Income
$55,195
Gross Scheduled Income
$69,600
Gross Rent Multiplier
17.17
Total Expenses
$14,405
Vacancy Rate
50.0%
Building & Use
Building Sq Ft
2,380
Leasable Area
2,380 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
3,785 sqft
Year Built
1942
Exterior & Lot
Lot Size
0.09 sqft
Year Built
1942
Garage
1 spaces
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Metal/Vinyl
Location
City
Seattle
County
King
Coordinates
47.70888, -122.27637
Additional Information
Tax Year
2025
Annual Taxes
$9,455
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:10 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
