Property Details

2012 NE 65th Street
Seattle, WA 98115
$1,199,000
MLS# 2530363 courtesy of NWMLS Listing firm: Real Property Associates

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2012 NE 65th Street , Seattle, WA 98115, Seattle

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Commercial
Property Type
8
Units
2.90%
Cap Rate
1922
Year Built

Property Overview

Perched above street level in the heart of Ravenna's NE 65th commercial district and canopied by mature trees, this converted craftsman commercial building blends warmth and professionalism. A welcoming lobby leads to five office spaces, while upstairs, two skylit offices open off a second waiting area — an ideal setup for a variety of users. The property features a covered porch, basement, detached garage, and three off-street parking spaces on a nearly 4,600SF corner lot with alley access. Just 8 blocks from Roosevelt Station light rail in a vibrant urban village. Strong bones for an owner/user ready to collect existing rental income, or a savvy investor eyeing NC255 (M) zoning and the area's redevelopment potential.

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County King
Neighborhood Ravenna
Listed Jun 5, 2026
Original Price $1,299,000
Structure Type Office
Parcel Number 2038500145

Tax & HOA

Annual Property Tax $15,458 (2026)
Est. Monthly Tax $1,288/mo

Financial Summary

Cap Rate 2.90%
Net Operating Income $38,695
Gross Scheduled Income $65,665
Gross Rent Multiplier 19.80
Total Expenses $25,964
Total Actual Rent $6,715/mo
Vacancy Rate 3.0%

Building & Use

Total Units 8
Zoning Commercial
Possible Use Commercial
Year Built 1922

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1922
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Exterior Features Wood

Community & Access

Directions Map to 2012 NE 65th Street, Seattle.

Location

City Seattle
County King
Coordinates 47.67600, -122.30597

Additional Information

Tax Year 2026
Annual Taxes $15,458
Possession Array
Listed By
Eric Nissen
Real Property Associates

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