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    Redmond, WA
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    Redmond, WA Multifamily Properties for Sale

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    Downtown Core Development Site
    Updated: Jun 23
    Downtown Core Development Site

    8412 164 Avenue NE, Redmond, WA 98052

    $2,580,000
    14,400 SF development site in Downtown Redmond
    Zoned Downtown Core (DTC), the city’s highest‑intensity zoning designation
    Up to 6.5 FAR and approximately 93,600 SF maximum buildable area
    Permitted uses include multifamily residential, office, retail, and hospitality (plus other complementary commercial uses)
    Within walking distance of the Downtown Redmond Light Rail Station
    View details
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Redmond, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Updated 4-Plex Investment Property
    Updated 4-Plex Investment Property

    12602 118TH, Kirkland, WA 98034

    $1,699,000
    3,328 sqft

    Clean, well-maintained 4-plex with updated interiors, stucco and brick exterior, decks, and in-unit washer/dryer.

    View details
    Multifamily Development Site
    Multifamily Development Site

    3805 108th Ave NE, Bellevue, WA 98004

    Contact for pricing
    12,575 sqft 1.37 AC lot

    Corner parcel with feasibility for up to 27 units, featuring planned 3-level flats over enclosed parking.

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    Kirkland Multifamily Property For Sale
    Kirkland Multifamily Property For Sale

    12607 119th St, Kirkland, WA 98034

    $1,800,000
    4,344 sqft

    Multifamily property in Kirkland's Totem Lake neighborhood.

    View details
    Bellevue Covered Land Opportunity
    Bellevue Covered Land Opportunity

    3003 Northup Way, Bellevue, WA 98004

    Contact for pricing
    30,654 sqft 2.54 AC lot

    2.54-acre site with redevelopment potential in Bellevue.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Sequim Land with Panoramic Views
    Sequim Land with Panoramic Views

    463 Miller Road, Sequim, WA 98382

    $1,199,000
    9.90 AC lot

    9.9 acres with saltwater, mountain, and city views.

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    Naches RV Resort Bluff-Top Lot
    Naches RV Resort Bluff-Top Lot

    62-1769 Naches Wenas Rd, Selah, WA 98942

    $110,000

    Bluff-top RV lot with full hookups and resort amenities.

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    Secluded RV Lot with Mountain Views
    Secluded RV Lot with Mountain Views

    1769 Naches Wenas Road, Unit 12, Selah, WA 98942

    $164,000
    0.12 AC lot

    Private RV lot with full hookups and resort amenities.

    View details
    RV-Ready Lot Near Pacific Ocean
    RV-Ready Lot Near Pacific Ocean

    33702 G Street, Ocean Park, WA 98640

    $109,000

    RV-ready lot with canal frontage near the Pacific Ocean.

    View details

    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.

    8705 166th NE Ave
    BOARDING/ROOMING HOUSE

    8705 166th NE Ave, Redmond, WA 98052-3749

    $1,305,000
    Estimated value
    5,916 sqft 1.19 AC lot
    View details
    8715 175Th Ave
    Multifamily properties

    8715 175Th Ave, Redmond, WA 98052

    Value Estimation by Request
    10,166 sqft 0.66 AC lot
    View details

    Redmond, WA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Redmond, WA on our real estate platform.

    Sale prices for multifamily properties in Redmond, WA start at $637,000, averaging $1,608,500, and reaching up to $2,580,000 — 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

    Apartment buildings 3

    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

    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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    Most Searched ZIP Codes in Redmond, WA

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    • 98053

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