$ 1,600,000 $ 1,550,000 3.2%

19100 61st AVE NE

Kenmore, WA 98028

  • 15 Beds
  • 8.75 Baths
  • 5,460 SqFt
  • 0.36 Lot Size
  • 1977 Year Built
Professionally managed building with five spacious 3-bedroom, 2-bath units, offering functional layouts and in-unit laundry. All units have utility billback implemented for increased NOI. The property sits on a generous lot with plenty of parking. Centrally located between I-5 and I-405, tenants enjoy easy commutes and proximity to major job centers. Moments from Downtown Kenmore, UW Bothell, Lake Forest Park Town Center, Alderwood Mall, and the Woodinville Wine District. Rapidly appreciating submarket with high rental demand and low vacancy. Great opportunity for investors seeking stable cash flow and long-term upside. Priced below replacement cost and nearby 3 bed condos are priced around $500,000. Full due diligence package upon request.
Listed by Specialty Real Estate Group , Sold By COMPASS

PROPERTY DETAIL

  • Key Details

    Sold Price $1,600,000

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 5, 460 sqft

    Price per Sqft $293

    Subdivision Kenmore

    MLS Listing ID 2412632

    Sold Date 08/29/25

    Style 55 - 5-9 Units

    Bedrooms 15

    Year Built 1977

    Annual Tax Amount $17,759

    Lot Size 0.360 Acres

    Property Sub-Type Multi Family

  • Location

    State WA

    County King

    Area 720 - Lake Forest Park

  • Building

    Lot Description Paved

    Sewer Sewer Connected

    New Construction No

  • Interior

    Flooring Ceramic Tile, Engineered Hardwood, Carpet

    Fireplace false

  • Exterior

    Exterior Feature Wood

    Amenities Available Cable TV, Deck

    View Y/N Yes

    View Territorial

    Roof Type Composition

  • Schools

    Elementary Schools Kenmore Elem

    Middle Schools Northshore Middle School

    High Schools Inglemoor Hs

    School District Northshore

  • Others

    Senior Community No

    Acceptable Financing Cash Out, Conventional

    Listing Terms Cash Out, Conventional

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