16518 NE 85th ST, Redmond, WA 98052
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16518 NE 85th ST, Redmond, WA 98052
16518 NE 85th ST, Redmond, WA 98052
16518 NE 85th ST, Redmond, WA 98052
16518 NE 85th ST, Redmond, WA 98052
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Listed by:Windermere Real Estate/East • Farheen Ahmed
$ 1,999,500
Est. payment /mo
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16518 NE 85th ST Redmond, WA 98052

8 Beds

4 Baths

3,976 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,976 sqft

Price per Sqft $502

Subdivision Downtown Redmond

MLS Listing ID 2551793

Style 54 - 4-Plex

Bedrooms 8

Year Built 1978

Annual Tax Amount $17,299

Lot Size 0.297 Acres

Property Sub-Type Multi Family

Property Description

Downtown Redmond corner-lot fourplex with upside on every front. In-place rents sit below market - immediate value-add. Downtown Edge zoning (up to 4 stories) plus unused treed land add ADU/redevelopment potential; buyer to verify with City. Walk to the NEW light rail station, downtown Redmond, and Bella Bottega shops and theater. Every unit: 2 bed, 1 split bath, versatile storage/mud room/den, in-unit washer/dryer, deck with storage closet, 2 parking spaces (8 total), southern exposure, elevated siting. Income today, optionality tomorrow.

Location

State WA

County King

Area 550 - Redmond/Carnation

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Private

New Construction No

Schools

Elementary Schools Redmond Elem

Middle Schools Redmond Middle

High Schools Redmond High

School District Lake Washington

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


Northwest MLS (NWMLS)
Vijya Patel

Vijya Patel

Managing Broker | License ID: 9543

+1(206) 650-4885

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16518 NE 85th ST