6461 NE 181st Street Kenmore, WA $ 1,550,000
6461 NE 181st Street
$ 1,550,000
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6461 NE 181st Street

Kenmore, WA, 98028
$ 1,550,000
Baths0.0 Sq 4,140

Monthly Estimate*

$ 9,544

Listed by Quantum Real Estate
6461 NE 181st Street, Kenmore, WA 98028 - Image 1
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Studio

Multi-Family Home for sale in Kenmore, WA

for $1,550,000. This 4,140 square foot home was built in 1952 on a lot size of 0.2868.

Rare mixed-use investment opportunity featuring adjacent duplex and commercial office buildings in the heart of Kenmore. Strong in-place income with additional upside potential and future redevelopment opportunities (buyer to verify development potential and zoning capacity to their own satisfaction). The duplex includes two 2-bedroom, 1-bath units with laminate flooring, wood cabinetry, in-unit washer/dryers, and a new roof installed last year. Upper unit offers Lake Washington views and a single-family-home feel, while the lower daylight unit provides rental upside with below-market rents. Additional income potential from detached storage sheds currently not rented. The adjacent fully occupied commercial/medical office building features structured annual rent increases and major HVAC upgrades completed last year including two new furnaces and two new heat pumps. Flexible office, medical, retail, or service-oriented layout with excellent visibility and signage opportunity. Approximately 17 total off-street parking spaces. Prime walkable location near restaurants, parks, transit, SR-522, and the vibrant Kenmore commercial district.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,287

Style

4-Plex

Lot Size

0.2868

Year Built

1952

Town/City

Kenmore

County/Region

King

MLS | Web ID

2524341

Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Baseboard Forced Air Heat Pump Wall Furnace
Cooling Central Air Forced Air
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1952
View Lake
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 100114
Insurance Expense 4817
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Kenmore
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions From NE Bothell Way turn north on 65th Ave NE. At stop sign turn left onto NE 181st St. The buildings are the first properties on the left side of the road.
City Kenmore
Senior Community Y/N N
High School District Northshore
Zoning Description Commercial
Number Of Units Total 0
MLS Area 720 - Lake Forest Park
Lot Size Units Square Feet
Lot Size Square Feet 12493
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 16287
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Rare mixed-use investment opportunity featuring adjacent duplex and commercial office buildings in the heart of Kenmore. Strong in-place income with additional upside potential and future redevelopme
Leasable Area 3840
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 6882
Property Style 54 - 4-Plex
Cap Rate 6.5
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Exterior
Exterior Amenities Wood
Lot Features Value In Land
Total Parking 17
Foundation Details Poured Concrete
Building Area Total 4140
Lot Size Acres 0.2868
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially Gas Available High Speed Internet Outbuildings
Parking Uncovered Total 17
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2524341
Street Number 1 6461
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* Excluded Features
List By
Dan Wick

Listing Agent

Quantum Real Estate

Broker

Affordability Calculator

$10,901
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$1,357
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
258628 Elementary School
258094 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$1,550,000 Listed Price

Map


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6461 NE 181st Street, Kenmore, WA, 98028 is a Multi-Family Home for sale at $1,550,000 with 4,140 sqft and a lot size of 0.2868. 6461 NE 181st Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 98028 which is in Kenmore, WA