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Detached Two-Unit Multifamily Property

634 + 636 Eleventh Avenue, Kirkland, WA 98033

For Sale
$2,968,000

New construction includes two separate residences designed to generate income.

Property Size3,068 SF
Price / SF$967.41
Days on Market61

Property Features for 634 + 636 Eleventh Avenue

General Information

Standard status Active
Size 3,068 SF
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $16,031

Building Details

Building Size 3,068 SF
Year Built 2025
Buildings 2
Listing Agency: Windermere Real Estate/East
Listed By: Tamara J. Dean
Source: Craftedre
Added: Sep 9 Changed: Nov 8 Last Checked: Nov 8 at 1:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Real Estate/East

Rey
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Investment Insights

Based on property information with market context.

Built in 2025, this Kirkland multifamily property comprises two detached residences and is presented as an income-producing asset. Its new-construction status distinguishes it from older small multifamily properties in terms of anticipated near-term maintenance needs.

The property is in Kirkland’s East of Market neighborhood, near downtown, waterfront parks, restaurants, cafes, boutique shopping, Kirkland Urban and the Cross Kirkland Corridor. Peter Kirk Elementary is a few blocks away, and I-405 and SR-520 provide regional connections, including access toward Bellevue, Redmond and Seattle.

Key Highlights

  • Two detached residences
  • Built in 2025
  • Located in Kirkland’s East of Market neighborhood

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

Demographics for 98033, WA

41,763
Population
18,211
Households
2.3
Avg Household Size
39
Median Age
73%
College-Educated
98%
High-School Grad
9.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$174,005
Median Household Income
$97,472
Median Earnings
$2,386
Median Rent
$1,259,900
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in King County, WA

$416 Jul
$388 Aug
$376 Sep
$386 Oct

Properties on Market for Multifamily properties in King County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - New construction includes two separate residences designed to generate income.
Where is this multifamily property located?
The property is located at 634 + 636 Eleventh Avenue Kirkland, WA.
What is the asking price?
The asking price for this property is $2,968,000.
What are key features of this property?
This property features: Two detached residences; Built in 2025; Located in Kirkland’s East of Market neighborhood
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