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Active · Residential Income

16518 NE 85th Street , Redmond, WA 98052

Redmond, WA 98052

$1,999,500

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Windermere Real Estate/East · MLS #2551793 · Active

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About this property

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.

Property details

Property type
Multi Family
Year built
1978
Lot size
12,950 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$17,299 (2025)
Parking spaces
8
School district
Lake Washington
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Buying, selling, or weighing your options? Tell me what you’re considering. We’ll talk through where to start.

Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team