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    Issaquah Multifamily Development Opportunity
    Updated: Jun 2, 2023
    Issaquah Multifamily Development Opportunity

    800 Front St S, Issaquah, WA 98027

    $2,100,000
    High‑Density Multifamily Zoning: Allows for a 20‑unit apartment building or townhome project (buyer to verify).
    Prime Downtown Issaquah Location: Situated right off Front Street, offering convenient access to downtown amenities.
    Development Potential: Significant opportunity on this 30,492 SF lot.
    Favorable Zoning Regulations: Includes 50% impervious lot coverage and a 40' height limit (possibility of 65').
    Flat Lot: Simplifies construction and reduces development costs.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Issaquah, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    412 Mill Ave S, Renton, WA 98057

    $1,550,000
    5,196 sqft

    Corner residences, shared laundry, and individual washer-dryer installations support straightforward apartment operations.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    5030 15TH, Unit 1-5, Seattle, WA 98105

    $1,325,000
    4,005 sqft

    Two residences have been renovated, complemented by updated electrical, sewer, and window systems.

    View details
    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    213 1ST, Seattle, WA 98104

    $4,900,000
    16,974 sqft

    Four-story mixed-use building with leased ground-floor retail and 13 residential units.

    View details
    Updated Multifamily Asset in Renton
    Updated Multifamily Asset in Renton

    1177 Harrington Ave, Renton, WA 98056

    $4,925,000
    20,145 sqft

    22-unit multifamily property in Renton's Highland Park neighborhood.

    View details

    Issaquah, WA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Issaquah, WA on our real estate platform.

    Sale prices for two-family homes in Issaquah, WA average $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 84K
    Population Growth (5Y) +2.8%
    Median Household Income $185,007

    High-Yield Neighborhoods for Investment

    Identify Issaquah submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98027 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.80%
    Property Tax per SF $5.34 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Issaquah fall within the 10,000 to 25,000 square foot range.

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