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Redmond, WA Apartment Buildings for Sale

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Redmond Development Site For Sale
Updated: Feb 3, 2025
Redmond Development Site For Sale

8520 164th Ave NE, Redmond, WA 98052

$6,000,000
18,000 sqft
Prime 18,000 SF corner development site in the heart of Redmond.
Zoning allows for a roughly 130‑unit multifamily project.
Centrally located, flat site in Downtown Redmond.
Exceptional connectivity to the Redmond Transit Center (0.2 miles).
Proximity to the Sound Transit East Link Light Rail station.
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Redmond Condo with Balcony
Updated: Jul 18, 2025
Redmond Condo with Balcony

10500 NE 221st Lane #202, Redmond, WA 98053

$637,000
Seller offering up to 3% credit toward interest rate buy‑down.
Prime location in the heart of Redmond, minutes from Microsoft, golf, parks, trails, dining, shopping, and commuter routes.
No rental cap, making it suitable for both homeowners and investors.
Includes a 1‑car garage with extra storage plus a 2nd open parking spot.
Features a master suite with en‑suite bath and walk‑in closet.
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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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Redmond, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Apartment Building with Renovated Units
Apartment Building with Renovated Units

324 6th Ave S, Kirkland, WA 98033

$2,450,000
3,850 sqft 0.23 AC lot

Five-unit property with updated interiors, private balconies, in-unit laundry, storage lockers, and covered parking.

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Apartment Building with Lake Views
Apartment Building with Lake Views

12340 Sand Point Way NE, Seattle, WA 98125

$1,425,000

Well-maintained multifamily community offering one-, two-, and three-bedroom apartment homes with Lake Washington views.

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Lake City Multifamily Investment Opportunity
Lake City Multifamily Investment Opportunity

12348 33rd Ave NE, Seattle, WA 98125

$1,920,000
5,875 sqft

8-unit multifamily property in North Seattle's Lake City neighborhood.

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Kirkland Multifamily Property Near Marsh Park
Kirkland Multifamily Property Near Marsh Park

10150 64th St, Kirkland, WA 10150

$4,250,000

Six-unit property near downtown Kirkland with lake and mountain views.

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Off-Market Properties in Redmond, WA

Consider similar Off-Market properties in Redmond, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8715 175Th Ave
Multifamily properties

8715 175Th Ave, Redmond, WA 98052

Estimated value: by Request
10,166 sqft 0.66 AC lot
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Redmond, WA Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Redmond, WA on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $6,637,000.

Sale prices for two-family homes in Redmond, WA start at $637,000, averaging $3,318,500, and reaching up to $6,000,000 — 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 173K
Population Growth (5Y) +8.1%
Median Household Income $181,282
College Educated 87.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
98053 $637K
98052 $6M

Taxes & Financing

Tax Rate (average for all types) 0.74%
Property Tax per SF $8.12 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Redmond fall within the 100,000+ square foot range.

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