Multifamily

Carnation, WA Multifamily Properties for Sale

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Mixed-Use Corner Development Building
Updated: May 30, 2025
Mixed-Use Corner Development Building

45 Tolt Ave, Carnation, WA 98014

$950,000
11,455 sqft 0.35 AC lot
Permit‑ready mixed‑use project on a corner lot in central Carnation business district
Planned 2 retail spaces: 1,175 SF and 1,295 SF on the main floor
Planned office level with 3 spaces: 1,378 SF, 1,566 SF, and 2,575 SF, plus center corridor with common baths and elevator
Planned 3 top‑floor apartments: 821 SF, 1,237 SF, and 1,408 SF
On‑site parking for 8 stalls; site civil work complete and ready to pull permit
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Carnation, 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.

Dual-Residence Short-Term Rental
Dual-Residence Short-Term Rental

11633 Ne 92nd St, Kirkland, WA 98033

$2,895,000
3,920 sqft

Two residences provide separate living areas, private entrances, patios, and furnished rental accommodations.

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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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Redmond Development Site For Sale
Redmond Development Site For Sale

8520 164th Ave NE, Redmond, WA 98052

$6,000,000
18,000 sqft

18,000 SF corner development site in the heart of Redmond.

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Redmond Condo with Balcony
Redmond Condo with Balcony

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

$637,000

3-bed, 2-bath condo in Redmond near Microsoft.

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Carnation, WA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Carnation, WA on our real estate platform. These investment opportunities span a total of 11,455 square feet of properties for sale, with an estimated market value of $950,000.

Sale prices for multifamily properties in Carnation, WA average $950,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 1

Demographics Overview

Population 7,681
Population Growth (5Y) +11.1%
Median Household Income $157,680
College Educated 62.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
98014 $950K

Taxes & Financing

Tax Rate (average for all types) 0.88%
Property Tax per SF $14.37 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

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