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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Xia Zhao, John L. Scott, Inc.

3,300
Square feet
$378
Per sq ft
Multi Family
Type
1980
Year built
7,561 sq ft
Lot
0
Days on market

About this property

Beautifully updated duplex in a convenient Redmond location! Each spacious residence offers approximately 1,650 sq ft with 3 bedrooms, 2.5 baths and an attached garage. Both units feature new flooring, fresh interior paint, new appliances and renovated bathrooms, while 8543 boasts a completely upgraded kitchen. Roof replaced in 2018. Live in one unit and rent the other, or lease both. Enjoy nearby downtown Redmond and Redmond Town Center shopping, dining and everyday conveniences, with easy access to SR 520, Microsoft and Downtown Redmond light rail. Nearby Marymoor Park and the Bear Creek Trail offer abundant recreation options. Updated interiors, flexible ownership and a desirable Eastside location make this a compelling opportunity! The Cap Rate shared in the listing was calculated based on the previous rent which hasn't been adjusted for years for the previous long term tenants. Even at the previous rents, this duplex offers an attractive cap rate. Now both units are vacant, ready for you to start new leases at the market rents. Zillow rent estimated 10+%. Zillow’s higher rent estimates suggest potential for additional rental income. Seller has pre-inspected the property with repairs done. Home is vacant and virtually staged. Buyers please verify everything to your own satisfaction.

Location & commute

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

Directions

Jeff's Neighborhood Guide

Get to know the Redmond/Carnation area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Guides within this NWMLS search area. A search area covers more than one neighborhood.

Property details

Listing details

Listing number
#2592062
Listed
October 9, 2026
Days on market
0
Price per sq ft
$378

Unit & building

Stories in building
2
Units in building
2

Parking

Covered spaces
2
Total spaces
6

Views

View
Territorial

Construction

Year built
1980
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Electric

Flooring

Flooring
StoneVinyl Plank

Lot

Lot features
Dead End StreetValue In Land
Lot size
7,561 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
City of Redmond
Sewer
City of Redmond
Power
PSE

Schools

District
Lake Washington
Elementary
Einstein Elem
Middle
Evergreen 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.

  • Territorial
  • Duplex
  • Composition
  • Forced Air
  • None
  • Electric
  • Stone
  • Vinyl Plank
  • Dead End Street
  • Value In Land
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,249,000

    October 9, 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

$7,274

Principal & interest
$6,316
Property tax (est.)
$958

Assumes $249,800 down (20%), a $999,200 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 October 9, 2026 at 12:45 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.