441 NE Alder Street # 1 & 2 Issaquah, WA $ 2,200,000
441 NE Alder Street # 1 & 2
$ 2,200,000
Recently Listed
Open House 3/28 1pm - 3pm
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441 NE Alder Street # 1 & 2

Issaquah, WA, 98027
$ 2,200,000
Baths0.0 Sq 3,160

Monthly Estimate*

$ 13,546

Listed by COMPASS
441 NE Alder Street # 1 & 2, Issaquah, WA 98027 - Image 1
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441 NE Alder Street # 1 & 2, Issaquah, WA 98027 - Image 8
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Studio

Multi-Family Home for sale in Issaquah, WA

for $2,200,000. This 3,160 square foot home was built in 1998 on a lot size of 0.2916.

Situated on a quiet, tree-lined residential street blocks from Downtown Issaquah, the property offers an exceptional walkable & bikeable location w/convenient access to nearby shops, dining, parks, & everyday amenities. Residents also benefit from easy regional connectivity via Interstate 90, providing quick access to major employment centers in Bellevue and Seattle. Constructed in 1998, the property features modern construction & has been fully remodeled to custom home specifications (2024), offering a level of quality & finish rarely found in duplex properties. The building consists of two oversized units, each approximately 1,580 square feet in size & thoughtfully designed w/3 beds & 2.5 baths. Each residence enjoys private covered access to its own two-car garage, enhancing convenience & privacy while providing a single-family home living experience. The properties allow the units to be owned separately, creating an ideal opportunity for owner-occupancy while generating rental income from the second unit. This duplex has been meticulously maintained, w/significant recent improvements including newer roof (2022), updated hot water tanks, & renovated landscaping that enhances curb appeal & overall livability. With its combination of spacious unit sizes, modern updates, & premier Olde Towne Issaquah location, this duplex represents an exceptional opportunity for both investors and owner-occupants seeking a quality asset in one of the Eastside’s most desirable communities

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Open House

3/28/2026 1:00 PM - 3:00 PM
441 NE Alder Street # 1 & 2 Issaquah, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,942

Style

Duplex

Lot Size

0.2916

Year Built

1998

Town/City

Issaquah

County/Region

King

MLS | Web ID

2496084

Features
General
Living Area 0
Sewer Sewer Connected
Heating Fireplace Insert Forced Air High Efficiency (Unspecified)
Cooling None
Possession Closing
Roof Composition
HOA Fee 2500
Garage Spaces 4
Security Features Fully Fenced
Year Built 1998
View Territorial
Unit Number 1 & 2
Property Subtype Multi Family
Tax Year 2025
Building Name Alder Park Towhomes
Assoc Fee Paid Per Quarterly
County King
Net Operating Income 68058
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Downtown Issaquah
Special Listing Conditions None
Status Active
Directions Take Exit 18 E or W on I-90 and head north on Sunset into Downtown Issaquah; Right on 6th; Left on Alder; Townhomewill be on left-hand side.
High School Issaquah High
City Issaquah
Senior Community Y/N N
High School District Issaquah
Number Of Units Total 2
MLS Area 500 - East Side/South of I-90
Lot Size Units Square Feet
Lot Size Square Feet 12700
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Clark Elem
Tax Annual Amount 11942
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Issaquah High
Property Condition Good
Public Remarks Situated on a quiet tree-lined residential street blocks from Downtown Issaquah the property offers an exceptional walkable & bikeable location w/convenient access to nearby shops dining parks & ever
Leasable Area 3160
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company City of Issaquah
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 3.1
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Exterior
Exterior Amenities Metal/Vinyl
Lot Features Alley Sidewalk
Water Source Public
Total Parking 2
Foundation Details Slab
Building Area Total 3160
Lot Size Acres 0.2916
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Fully High Speed Internet Patio
Parking Uncovered Total 2
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2496084
Street Number 1 441
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* Excluded Features
List By
Renee McGahan

Listing Agent

Compass

Broker

Affordability Calculator

$14,541
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$995
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257060 Elementary School
257648 Middle School
Issaquah High High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$2,200,000 Listed Price

Map


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441 NE Alder Street # 1 & 2, Issaquah, WA, 98027 is a Multi-Family Home for sale at $2,200,000 with 3,160 sqft and a lot size of 0.2916. 441 NE Alder Street # 1 & 2 is a studio with 0.0 baths and was built in 1998. The property's zip code is 98027 which is in Issaquah, WA