324 6th AVE S, Kirkland, WA 98033
324 6th AVE S, Kirkland, WA 98033
324 6th AVE S, Kirkland, WA 98033
324 6th AVE S, Kirkland, WA 98033
324 6th AVE S, Kirkland, WA 98033
324 6th AVE S, Kirkland, WA 98033
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Arielle Albinger

Arielle Albinger

+1(425) 829-2792
Listed by:Paragon Real Estate Advisors • Rowan Davis
$ 2,588,000
Est. payment | /mo

8 Beds

5 Baths

3,850 SqFt

Save
$ 2,588,000
Est. payment | /mo
Save

8 Beds

5 Baths

3,850 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,850 sqft

Price per Sqft $672

Subdivision Moss Bay

MLS Listing ID 2570088

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1962

Annual Tax Amount $15,635

Lot Size 10,000 Sqft

Property Sub-Type Multi Family

Property 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.

Location

State WA

County King

Area 560 - Kirkland/Bridle Trails

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Available

Water Public

New Construction No

Schools

School District Lake Washington

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Arielle Albinger

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 829-2792

soldbyarielle@gmail.com

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324 6th AVE S