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No HOA
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Listed by: Farheen Ahmed (425) 999-7756 | Windermere Real Estate/East (425) 455-5300
$1,999,500
Monthly Est:$9,952
8 Beds
4 Baths
3,976sqft
16518 NE 85th Street, Redmond, WA 98052
$1,999,500
$9,952/moEst:
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Multi Family
Built in 1978
$-- HOA
12,950 sqft lot
$503/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 6:44 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2551793
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1978
HOA Fees
-
Finished Area
3,976 sqft
Lot Size
12,950 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2551793
MLS Status
Active
Days on Market
85
Cumulative Days on Market
84
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Heating
Forced Air, Wall Furnace
Cooling
None
Sewer
Sewer Connected
Exterior Features
Wood
Flooring
Vinyl, Vinyl Plank, Carpet
Construction
Year Built
Year Built: 1978
Home type
Multi Family
Property Condition
Updated/remodeled
Construction Materials
Wood
Roof
Composition
Foundation Details
Poured Concrete
Utilities & Energy
Water Source
Private
Other Features
Subdivision Name
Downtown Redmond
Lot Features
Corner Lot, Curbs, Paved, Sidewalk, Value In Land
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Listed for Sale | $1,999,500 +159.00% $503/sqft |
08/28/2014 Source: | Price Increased | $772,000 +59.50% $194/sqft |
04/25/2000 Source: | Sold | $484,000 $122/sqft |
Find Homes by Property Features in Redmond, WA
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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