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Listed by: Rowan Davis (206) 406-9105 , Michael Urquhart (206) 812-9123 | Paragon Real Estate Advisors (206) 623-8880
$2,588,000
Monthly Est:$12,881
8 Beds
5 Baths
3,850sqft
324 6th Avenue S, Kirkland, WA 98033
$2,588,000
$12,881/moEst:
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Multi Family
Built in 1962
$-- HOA
10,000 sqft lot
$672/sq.ft
Description
This well-maintained five-unit apartment building presents a rare investment opportunity in Kirkland, where limited housing supply and strong rental demand support long-term value growth. Built in 1962 on a 10,000-square-foot PLA 6E-zoned lot, the property includes four renovated two-bedroom, one-bathroom units (850 SF each) and one fully renovated 450 SF studio. Over the past decade, units have been upgraded with LVP flooring, modern cabinetry, updated countertops, and renovated bathrooms, helping sustain strong tenant demand. The four two-bedroom units feature private balconies and in-unit washers and dryers, while the studio has a dedicated washer and dryer nearby. Each unit also includes a storage locker, currently provided at no charge, creating potential for additional income. Four covered parking spaces are likewise offered free to tenants, presenting further revenue upside. The property currently generates $11,875 per month in gross rental income and offers strong in-place cash flow with long-term stability. Located in Kirkland’s desirable Moss Bay neighborhood, it is within walking distance of Google’s Kirkland campuses, downtown Kirkland, Marina Park, restaurants, and shops. Nearby access to the Cross Kirkland Corridor and I-405 enhances connectivity to Bellevue and Seattle, supporting continued tenant demand and future rental growth.
- Houzeo last checked: 35 minutes ago
- Listing updated: September 23, 2026 at 1:41 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2570088
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
3,850 sqft
Lot Size
10,000 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2570088
MLS Status
Active
Days on Market
45
Cumulative Days on Market
44
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Interior
Flooring
Laminate
Exterior Features
Wood Products
Sewer
Available
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1962
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Moss Bay
Price History
| Date | Event | Price |
|---|---|---|
08/18/2026 Source: | Listed for Sale | $2,588,000 +38.03% $672/sqft |
11/01/2017 Source: | Sold | $1,875,000 $487/sqft |
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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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