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JRJeff ReynoldsCompass · Seattle

Listed by Farheen Ahmed, Windermere Real Estate/East

3,976
Square feet
$503
Per sq ft
Multi Family
Type
1978
Year built
12,950 sq ft
Lot
3
Days on market

About this property

Downtown Redmond corner-lot fourplex with upside on every front. In-place rents sit below market - immediate value-add. Downtown Edge zoning (up to 4 stories) plus unused treed land add ADU/redevelopment potential; buyer to verify with City. Walk to the NEW light rail station, downtown Redmond, and Bella Bottega shops and theater. Every unit: 2 bed, 1 split bath, versatile storage/mud room/den, in-unit washer/dryer, deck with storage closet, 2 parking spaces (8 total), southern exposure, elevated siting. Income today, optionality tomorrow.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2551793
Listed
July 10, 2026
Days on market
3
Price per sq ft
$503

Unit & building

Building
REDMOND SHORT PLAT #78-10
Stories in building
2
Units in building
4

Parking

Total spaces
8

Construction

Year built
1978
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Forced AirWall Furnace
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
VinylVinyl PlankCarpet

Lot

Lot features
Corner LotCurbsPavedSidewalkValue In Land
Lot size
12,950 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
City of Redmond
Sewer
City of Redmond
Power
PSE

Schools

District
Lake Washington
Elementary
Redmond Elem
Middle
Redmond Middle
High
Redmond High

What stands out to you?

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

  • Quadruplex
  • Composition
  • Forced Air
  • Wall Furnace
  • None
  • Electric
  • Natural Gas
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Corner Lot
  • Curbs

Listing history

  1. Listed

    $1,999,500

    July 10, 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

$11,644

Principal & interest
$10,111
Property tax (est.)
$1,533

Assumes $399,900 down (20%), a $1,599,600 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 10:01 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.