Listed by John L. Scott, Inc
$2,300,000

Estimated payment $13,661/month

Total Views 354
8 Beds
8 Baths
4,235 Sq Ft
$543 Price per Sq Ft

Highlights

  • 0.22 Acre Lot
  • Deck
  • Wood Siding
  • Lakeview Elementary School Rated A
  • No HOA
  • Carpet

About This Home

Incredible investment opportunity in prime Kirkland location! This well-maintained 4-plex offers four spacious units, each featuring 2 bedrooms and 2 bathrooms. Bright & inviting, each unit includes a cozy fireplace & large windows that flood the space with natural light. Additional perks include in-unit washer and dryer, garage parking, a private balcony, & nearly 500 cubic feet of secured storage—delivering both comfort and convenience for tenants. Two of the units offer interior renovations including upgraded kitchens and primary baths with sleek quartz countertops. Close to downtown Kirkland which offers trails, restaurants, & shopping. This is an ideal opportunity for investors looking to grow in a dynamic, high-demand rental market.

Listing Agent

Jon Bye

John L. Scott, Inc License #25593 Listed on: 08/21/2025

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2423157

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,551

Year Built

  • Built in 1984

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,235 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Lakeview Elementary School
  • Kirkland Middle School
  • Lake Wash High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • Deck
  • 9,720 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1235100017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,551

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1984
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4235
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 161

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Kirkland
  • WaterCompany: City of Kirkland
  • WaterSewerGarbage: 3727

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Washington
  • High School: Lake Wash High
  • Middle Or Junior School: Kirkland Middle

Lot Info

  • Parcel Number: 1235100017
  • Lot Size Acres: 0.2231
  • Lot Size Sq Ft: 9720
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Title
  • MLSSquareFootageSource: Title
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.51
  • LeasedItems: None
  • TotalMonthlyIncome: 10350

Multi Family

  • Gross Scheduled Income: 124200
  • Net Operating Income: 94664
  • Number Of Units Total: 4
  • Electric Expense: 443
  • Insurance Expense: 3306
  • Leasable Area: 3600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 13551.06

MLS Schools

  • Elementary School: Lakeview Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,551 $1,647,000 $1,458,000 $189,000
2023 $13,622 $1,743,000 $1,458,000 $285,000
2022 $15,303 $1,784,000 $777,600 $1,006,400
2021 $17,121 $1,710,000 $738,700 $971,300
2020 $15,807 $1,766,000 $738,700 $1,027,300
2018 $10,786 $1,220,000 $738,700 $481,300
2017 $9,400 $1,050,000 $709,500 $340,500
2016 $9,006 $952,000 $651,200 $300,800
2015 $8,503 $900,000 $631,800 $268,200
2014 -- $818,000 $631,800 $186,200
2013 -- $794,000 $631,800 $162,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $2,300,000 -- $543 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Warranty Deed $173,000 Transamerica Title Ins Co
Quit Claim Deed -- --
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2423157

Northwest Multiple Listing Service (NWMLS)

APN: 123510-0017