304 10th Street, Kirkland, WA 98033

$2,070,000
4,235
SqFt

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Listing courtesy of John L. Scott, Inc. Selling Office: COMPASS.

Sold Price
$2,070,000
List Price
$2,300,000
Status
SOLD
MLS#
2423157
Closing Date
Sep 30, 2025
Days on Market
164
Style
54 - 4-Plex
Finished SqFt
4,235
Area Total SqFt
4235
Annual Tax Ammount
13551.06
Lot Size (sq ft)
9,720
Sewer
Sewer Connected

Property Description

Incredible investment opportunity in prime Kirkland location! This well-maintained 4-plex offers four spacious units, each featuring 2 bedrooms and 2 bathrooms. Bright & inviting, each unit includes a cozy fireplace & large windows that flood the space with natural light. Additional perks include in-unit washer and dryer, garage parking, a private balcony, & nearly 500 cubic feet of secured storage—delivering both comfort and convenience for tenants. Two of the units offer interior renovations including upgraded kitchens and primary baths with sleek quartz countertops. Close to downtown Kirkland which offers trails, restaurants, & shopping. This is an ideal opportunity for investors looking to grow in a dynamic, high-demand rental market.

Additional Information

List Date
2025-04-19 00:00:00
Community
Downtown
Net Operating Income
$94,664
Gross Adjusted Income
$117,990
Gross Scheduled Income
$124,200
Total Monthly Income
$10,350
Insurance Expenses
$3,306
Water/Sewer/Garbage Expenses
$3,727
Gross Rent Multiplier
18.51
Total Expenses
$29,536
Cap Rate
4.12
Vacancy Rate
5
Total Number of Units
4
Unit Name
304
Potential Terms
Cash Out, Conventional
Year Built
1984
Roof
Composition
Site Features
Cable TV, Deck
Electric Expenses
443
Other Expenses
8509
Energy Source
Electric
School District
Lake Washington
Elementary School
Lakeview Elem
Middle School
Kirkland Middle
High School
Lake Wash High
Total Monthly Income
$10,350
Gross Scheduled Income
$124,200
Vacancy Rate
5
Gross Adjusted Income
$117,990
Tax Year
2025
Insurance Expense
$3,306
W/S/G Expenses
$3,727
Total Expenses
$29,536
Net Operating Income
$94,664
Gross Rent Multiplier
18.51
Cap Rate
4.12
Based on information submitted to the MLS GRID as of . 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.
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