Residential Income

Kenmore, WA Residential Income Properties for Sale

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Kenmore Apartment Community Investment
Updated: Feb 6
Kenmore Apartment Community Investment

7206 NE 182nd St, Kenmore, WA 98028

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36,183 sqft
Value‑add potential through renovation of 33 classic units, with proven $473/month rent premiums.
Prime location in Kenmore, WA, offering exceptional connectivity to I‑405 and SR‑522 for easy access to major employment hubs and Seattle.
Attractive alternative to homeownership in a market with median home prices exceeding $825,000.
Built in 2005, the property consists of 41 units: 2 one‑bedroom units and 39 two‑bedroom, two‑bathroom units.
Access to Pacific Northwest recreational destinations, including Lake Washington, the Burke‑Gilman Trail, and numerous parks.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Kenmore, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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 Historic Residential Income Property
Updated Historic Residential Income Property

116 4TH, Edmonds, WA 98020

$2,200,000
2,995 sqft

1902 Victorian residence with a main home and separate cottage, both updated with modern mechanical improvements and decks.

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55+ Mobile Home Park
55+ Mobile Home Park

5717 186 Pl SW, Lynnwood, WA 98037

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1.49 AC lot

Well-maintained 55+ mobile home park with 16 MH spaces and a renovated 3-bedroom house with RV hook-up.

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Lynnwood Multifamily Investment Opportunity
Lynnwood Multifamily Investment Opportunity

19628 68th Ave W, Lynnwood, WA 98036

$4,495,000
22,100 sqft

31-unit apartment building with value-add potential in Lynnwood, Washington.

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Edmonds Multifamily Investment Opportunity
Edmonds Multifamily Investment Opportunity

7420 208th Street SW, Edmonds, WA 98026

$7,500,000

36-unit apartment community in Edmonds' College Place neighborhood.

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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.

27-Acre Development Opportunity in Silverlake
27-Acre Development Opportunity in Silverlake

Silver Lake, WA

$1,100,000
27.00 AC lot

27 acres approved for 42 homesites near Silver Lake.

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Richmond Highlands Vacant Land
Richmond Highlands Vacant Land

152 154 N 175th Street, Shoreline, WA 98133

$195,000

Two approved lots ready for single-family attached homes.

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Waterfront Lot in Kenmore
Waterfront Lot in Kenmore

17050 70th Avenue NE, Kenmore, WA 98028

$2,225,000
0.91 AC lot

Exceptional waterfront lot with subdivision potential near Rhododendron Park.

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Bothell Land Development Opportunity
Bothell Land Development Opportunity

9325 & 9327 NE 175th St, Bothell, WA 98011

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0.85 AC lot

Two parcels totaling 37,095 SF in a growing submarket.

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Kenmore, WA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Kenmore, WA on our real estate platform. These investment opportunities span a total of 36,183 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 24K
Population Growth (5Y) +4.8%
Median Household Income $137,926
College Educated 82.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
98028 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.29%
Property Tax per SF $9.10 per SF
Tax Rate vs County Average 0.43 pp above county avg
Average Loan-to-Value 65.0%

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