Listing provided courtesy of Berkshire Hathaway HS NWNWMLSMLS# NWM2513692MLS Provider
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Investor Opportunity in Seattle’s Lakeridge Neighborhood – Duplex with Lake & Territorial Views + Deeded Waterfront Access Well-located duplex in the Lakeridge area of Seattle offering strong long-term investment potential. This one-story multi-family property with an unfinished basement features approximately 1,750 square feet on a 7,040 square foot lot, with two separate 1bed/1bath units providing flexibility for rental income, multigenerational living, or future repositioning. Property includes hardwood, vinyl, and carpet flooring, basement storage, and patio space. Multiple uncovered parking spaces provide convenient off-street parking. Situated on a paved, dead-end street with sidewalks, curbs, and established residential surroundings. Enjoy territorial, city, and lake views along with deeded access to community waterfront/private beach, a rare amenity that enhances long-term desirability. Built in 1943, this property offers value-add potential for investors looking to renovate, optimize rents, or as a long-term hold. Close proximity to major commuter routes, employment centers, and neighborhood amenities.

Source: NWMLS, MLS#: NWM2513692

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  • Property Type
    Residential Income
  • Lot
    0.16 acres

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RainTown Realty

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  • Median Age
    41
  • Population Density
    4,523
  • College Educated
    44%
  • Estimated Median Income
    $84,820
  • Estimated Total Home Owners
    6,476
  • Estimated Total Renters
    3,284
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    3
  • Total Population
    26,507
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 10451 Rainier Avenue S


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/27/2026Source: NWMLS Added to Database
April 27, 2026