8 10th Avenue S, Kirkland, WA 98033

$2,650,000
2,976
SqFt

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Listing courtesy of Marketplace Sotheby's Intl Rty. Selling Office: Berkshire Hathaway HS NW.

Sold Price
$2,650,000
List Price
$2,750,000
Status
SOLD
MLS#
2463371
Closing Date
Apr 15, 2026
Days on Market
71
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,976
Area Total SqFt
2976
Annual Tax Ammount
12608
Internet Provider
Xfinity
Lot Size (sq ft)
7,365
Sewer
Sewer Connected

Property Description

4-Plex condo building in downtown Kirkland! Fully rented and well maintained - close to lake and right across the Lake St. from the Settler's Landing. Stunning environment with natural beach, gazebo, and splendid sunset. Fine dining, boutique shops, and farmer's Market. A life time Development Opportunity! Downtown Kirkland / Lake Street corridor—corner lot with in-place income and documented redevelopment upside. Per City confirmation (available by request), site is buildable for approx. 3–4 large units totaling 10,000+ sf (assumptions/conditions apply; buyer to verify). Prime walkable waterfront location near Settler’s Landing public dock and downtown amenities. Seller financing and/or loan assumption is available (subject to approval).

Additional Information

List Date
2026-02-03 00:00:00
Community
Moss Bay
Net Operating Income
$17,737
Gross Adjusted Income
$92,400
Gross Scheduled Income
$92,400
Total Monthly Income
$7,714
Insurance Expenses
$1,050
Water/Sewer/Garbage Expenses
$4,400
Gross Rent Multiplier
33.87
Total Expenses
$18,958
Cap Rate
2.75
Total Number of Units
4
Unit Name
8
Potential Terms
Assumable, Cash, Owner Will Carry
Year Built
1967
View
City, Lake, Mountains
Roof
Flat
Site Features
Patio
Electric Expenses
400
Other Expenses
500
Energy Source
Electric
School District
Lake Washington
Elementary School
Lakeview Elem
Middle School
Kirkland Middle
High School
Lake Wash High
Total Monthly Income
$7,714
Gross Scheduled Income
$92,400
Gross Adjusted Income
$92,400
Tax Year
2025
Insurance Expense
$1,050
W/S/G Expenses
$4,400
Total Expenses
$18,958
Net Operating Income
$17,737
Gross Rent Multiplier
33.87
Cap Rate
2.75
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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