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16518 NE 85th Street Redmond, WA $ 1,999,500
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16518 NE 85th Street
$ 1,999,500
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16518 NE 85th Street

Redmond, WA, 98052
$ 1,999,500
Bedrooms8 Baths4.0 Sq 3,976

Monthly Estimate*

$ 12,625

Listed by Windermere Real Estate/East
16518 NE 85th Street, Redmond, WA 98052 - Image 1
16518 NE 85th Street, Redmond, WA 98052 - Image 2
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16518 NE 85th Street, Redmond, WA 98052 - Image 5
16518 NE 85th Street, Redmond, WA 98052 - Image 6
16518 NE 85th Street, Redmond, WA 98052 - Image 7
16518 NE 85th Street, Redmond, WA 98052 - Image 8
16518 NE 85th Street, Redmond, WA 98052 - Image 9
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16518 NE 85th Street, Redmond, WA 98052 - Image 11
16518 NE 85th Street, Redmond, WA 98052 - Image 12
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16518 NE 85th Street, Redmond, WA 98052 - Image 14
16518 NE 85th Street, Redmond, WA 98052 - Image 15
16518 NE 85th Street, Redmond, WA 98052 - Image 16
16518 NE 85th Street, Redmond, WA 98052 - Image 17
16518 NE 85th Street, Redmond, WA 98052 - Image 18
16518 NE 85th Street, Redmond, WA 98052 - Image 19
16518 NE 85th Street, Redmond, WA 98052 - Image 20

Multi-Family Home for sale in Redmond, WA

for $1,999,500 with 8 bedrooms and 4 full baths. This 3,976 square foot home was built in 1978 on a lot size of 0.2973.

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.

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Multi-Family Active

Price

$ 1,999,500

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 17,299

Style

4-Plex

Lot Size

0.2973

Year Built

1978

Town/City

Redmond

County/Region

King

MLS | Web ID

2551793
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1978
Property Subtype Multi Family
Tax Year 2025
Building Name REDMOND SHORT PLAT #78-10
County King
Net Operating Income 76942
Insurance Expense 4137
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown Redmond
Possible Use Commercial Multi-Family Residential
Special Listing Conditions None
Status Active
Directions GPS is accurate.
High School Redmond High
City Redmond
Senior Community Y/N N
High School District Lake Washington
Zoning Description Commercial Multi-Family Residential
Number Of Units Total 4
MLS Area 550 - Redmond/Carnation
Lot Size Units Square Feet
Lot Size Square Feet 12950
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Redmond Elem
Tax Annual Amount 17299.43
Electric Expense 43
Fuel Expense 0
Middle/Junior High School Redmond Middle
Property Condition Updated/Remodeled
Public Remarks 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/redevelop
Leasable Area 3976
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company City of Redmond
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 3110
Property Style 54 - 4-Plex
Cap Rate 3.85
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Curbs Paved Sidewalk Value In Land
Water Source Private
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3976
Lot Size Acres 0.2973
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck
Parking Uncovered Total 8
Lot Number 1
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Interior
Flooring Vinyl 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 NWM2551793
Street Number 1 16518
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* Excluded Features
List By
Farheen Ahmed

Listing Agent

Windermere Real Estate/East

Broker

Affordability Calculator

$14,067
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,625
Monthly Property Taxes
$1,442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
257739 Elementary School
1766763 Middle School
Redmond High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/10/2026$1,999,500 Listed Price

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16518 NE 85th Street, Redmond, WA, 98052 is a Multi-Family Home for sale at $1,999,500 with 3,976 sqft and a lot size of 0.2973. 16518 NE 85th Street has 8 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 98052 which is in Redmond, WA

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