16596 NE 85th Street, Redmond (98052)
$1,375,000
3 
3
1,820
PROPERTY DETAILS
| Address: |
view address Redmond, WA 98052 Map Location |
Features: | Garage |
|---|---|---|---|
| Bedrooms: | 3 | Bathrooms: | 3 (full: 3) |
| Square Feet: | 1,820 sq.ft. | Lot Size: | 1858.0 |
| Year Built: | 2011 | Views: | Territorial |
| Property Type: | Townhouse | Neighborhood: | Downtown Redmond |
| County: | King | List Date: | 2025-02-13 |
| Listing Number: | 2332771 | Listed By: | COMPASS |
PROPERTY DESCRIPTION
Prime Investment in Redmond's Tech Hub! This 7-room, townhome-style unit offers a rare opportunity in Redmond's thriving rental market. The property is steps from the Transit Center and future Downtown Redmond Light Rail. Home to Microsoft, Nintendo, and Honeywell, Redmond's high housing costs drive strong rental demand. Recognized for its sustainable design, this fully stabilized asset is priced below replacement cost, offering positive cash flow from Day 1. With plans to add 2 units and a light upgrade program to boost rents by 24%, this is a premier value-add opportunity in a prime location! Great investment opportunity, fully tenant occupied generating $97,260/year in gross rental income and professionally managed.
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Interior
Appliances
| Appliances: | Refrigerator, Microwave |
Features
| Flooring: | Vinyl, Carpet |
Room Information
| Basement features: | None |
Cooling & Heating
| Cooling features: | None | Heating features: | Electric |
| Heating: | Yes |
Exterior
Exterior and Lot
| Lot features: | Level, Paved | Construction Materials: | Brick, Wood Siding |
| Roof: | Composition |
Parking
| Parking features: | Attached | Garage spaces: | 2 |
| Attached Garage: | Yes |
Property and Lot Details
View
| Views: | Territorial | Has View: | Yes |
Schools
| Elementary School: | Buyer To Verify | Middle or Junior School: | Buyer To Verify |
| High School: | Buyer To Verify |
Fee
| Annual Tax: | 5726 |
Building Information
| Year Built: | 2011 | Levels: | Multi/Split |
Lot
| Lot Dimensions: | 1858.0 |
Construction
| Building Area total: | 1820.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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