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JRJeff ReynoldsCompass · Seattle

Listed by Julie Scozzafave, Windermere Real Estate/East

4,796
Square feet
$407
Per sq ft
Multi Family
Type
1957
Year built
82,031 sq ft
Lot
138
Days on market

About this property

Exceptional low-maintenance INVESTMENT OPPORTUNITY with unobstructed Lake Sammamish water views on a generous lot featuring two income-producing duplexes (non-conforming)! This fully occupied property offers four total units with long-term, reliable tenants already in place, creating immediate and stable cash flow. Thoughtfully maintained and easy to manage, each unit includes its own washer and dryer, providing added convenience and tenant appeal. The property encompasses a total of 8 bedrooms and 6.5 bathrooms across the four residences, offering flexible living arrangements that continue to attract strong rental demand. Ample parking for all units plus joint storage unit—an increasingly valuable amenity for long-term tenants. The expansive lot enhances privacy and features unobstructed lake views, making this a rare blend of strong investment fundamentals and exceptional location appeal. With solid occupancy history, functional layouts, and desirable amenities already in place, this property presents a compelling opportunity for investors seeking dependable income and future upside potential. Please do not disturb tenants.

Location & commute

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Directions

Property details

Listing details

Listing number
#2483545
Listed
February 25, 2026
Days on market
138
Price per sq ft
$407

Unit & building

Stories in building
2
Units in building
4

Views

View
LakePartialTerritorial

Construction

Year built
1957
Style
54 - 4-Plex
Structure
Quadruplex
Roof
CompositionFlat

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
Natural Gas

Flooring

Flooring
Ceramic TileVinylCarpet

Lot

Lot features
Paved
Lot size
82,031 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Sammamish Plateau Water
Sewer
Sammamish Plateau Sewer
Power
Puget Sound Energy

Schools

District
Lake Washington
Elementary
Blackwell Elem
Middle
Inglewood Middle
High
Eastlake High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Lake
  • Partial
  • Territorial
  • Quadruplex
  • Composition
  • Flat
  • Forced Air
  • Natural Gas
  • Ceramic Tile
  • Vinyl
  • Carpet
  • Paved

Listing history

  1. Listed

    $1,950,000

    February 25, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$11,355

Principal & interest
$9,860
Property tax (est.)
$1,495

Assumes $390,000 down (20%), a $1,560,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. 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.