Property Details

845 Kirkland Way
Kirkland, WA 98033
$3,250,000
MLS# 2535455 courtesy of NWMLS Listing firm: eXp Realty

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845 Kirkland Way , Kirkland, WA 98033, Kirkland

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845 Kirkland Way , Kirkland, WA 98033, Kirkland

1 / 40
Multi-Family
Property Type
3,456
Bldg Sq Ft
4
Units
4.20%
Cap Rate
1968
Year Built

Property Overview

Downtown Kirkland 4-PLEX multi-family property COMPLETELY REMODELED throughout! Interior improvements include new paint, skim coating, solid core doors, trim, closet systems, vinyl windows, beautiful and modern laminate vinyl plank flooring, new blinds, new light fixtures, plumbing fixtures, new interior electrical panels. New radiant heaters (including add on heaters in each kitchen & bathroom). Kitchens feature new cabinets, fresh quartz countertops, stainless steel appliances, garbage disposals, and tile backsplash. Fully remodeled bathrooms with new tubs, sinks, toilets, cabinets, heaters, and tile. Exterior upgrades include new paint, Durable Trex decking & new railing, doors, & refreshed landscaping! All units are rented out. Please contact Listing Agent for more info.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Kirkland
Listed Jun 11, 2026
Structure Type Quadruplex
Parcel Number 1238900245

Tax & HOA

Annual Property Tax $13,186 (2026)
Est. Monthly Tax $1,099/mo

Financial Summary

Cap Rate 4.20%
Net Operating Income $147,230
Gross Scheduled Income $163,200
Gross Rent Multiplier 21.45
Total Expenses $22,786

Building & Use

Building Sq Ft 3,456
Leasable Area 3,456 sqft
Total Units 4
Lot Size 8,899 sqft
Year Built 1968

Exterior & Lot

Lot Size 0.20 sqft
Year Built 1968
Exterior Materials Cement Plank, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Cement Planked, Wood

Community & Access

Directions From downtown Bellevue, get on I-405 N from Main St. Follow I-405 N to NE 85th St in Kirkland. Take exit 18 from I-405 N. Follow NE 85th St.

Location

City Kirkland
County King
Coordinates 47.67594, -122.19246

Additional Information

Tax Year 2026
Annual Taxes $13,186
Possession Array
Listed By
Scott C Badger
eXp Realty

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