Active · Residential

2500 81st Avenue SE #118, Mercer Island, WA 98040

Mercer Island, WA 98040

$399,950

2 bedrooms · 1 bathrooms · 0 sq ft

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Listing provided by Realogics Sotheby's Int'l Rlty · MLS #2480792 · Active

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About this property

PRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new light rail station and just moments from Luther Burbank Park, downtown Mercer Island, the Community Center, waterfront parks, and regional walking and biking trails. Enjoy rare features including no rental cap, a conveniently located covered carport near the entrance, large storage unit (#14), and an approved, recorded in-unit washer/dryer. Building amenities include an elevator and club/conference room (currently being renovated). The fully renovated interior features a designer kitchen with farmhouse sink, updated bathroom, new lighting, fireplace, custom closet organizers, air conditioning, and a private in-unit washer/dryer. Bright, open living spaces extend to an expansive west-facing veranda—perfect for relaxing, entertaining, and enjoying beautiful sunset views. Located in Mercer Island's award-winning school district with quick access to both Seattle and Bellevue, this home offers exceptional convenience, flexibility, and investment potential. Price has been significantly improved, and the seller will pay 6 months of HOA dues—making this an exceptional opportunity for homeowners and investors alike.

Property details

Property type: Condominium
Year built: 1960
Association dues: $1,071 · Monthly
Annual property tax: $2,606 (2026)
Parking spaces: 1
School district: Mercer Island

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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