Residential Income

Kirkland, WA Residential Income Properties for Sale

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Updated 4-Plex Investment Property
Updated: Jan 5
Updated 4-Plex Investment Property

12602 118TH, Kirkland, WA 98034

$1,699,000
3,328 sqft
4‑plex built in 1979 in the Totem Lake area, fully occupied and updated
Stucco and brick exterior with decks for each 2 bed/1 bath unit
Each unit has an in‑unit washer/dryer
3‑year‑old roof and new paint
HOA handles landscaping, trash removal, and common area maintenance
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Kirkland Multifamily Property For Sale
Updated: Oct 22, 2025
Kirkland Multifamily Property For Sale

12607 119th St, Kirkland, WA 98034

$1,800,000
4,344 sqft
Prime location in Kirkland's rapidly growing Totem Lake neighborhood.
Value‑add opportunity to increase NOI by approximately 30% through renovations and repositioning.
All units are large studios with lofted sleeping areas.
In‑unit washer and dryers in all units.
Strong rental demand and premium achievable rents in the submarket.
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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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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 18 Potential Opportunities for your consideration. Besides 3 Active listings in Kirkland, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

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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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.

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Bothell Townhome Development Opportunity
Bothell Townhome Development Opportunity

17533 Brickyard Road, Bothell, WA 98011

$899,000

Permitted four-unit townhome project in Bothell, Northshore School District.

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Downtown Bothell Development Opportunity
Downtown Bothell Development Opportunity

18414 103rd Ave NE, Bothell, WA 98011

$1,750,000

Commercial building on a 7,080 sq ft lot in Bothell.

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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.

Bothell Land Development Opportunity
Bothell Land Development Opportunity

9325 175th St, Bothell, WA 98011

Contact for pricing
37,462 sqft 0.86 AC lot

37,095 SF of R-M2 Zoned Land for sale.

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Seattle Development Opportunity in Holman
Seattle Development Opportunity in Holman

10125 3rd Avenue NW, Seattle, WA 98177

$2,000,000
0.24 AC lot

10,500 sq ft lot primed for high-yield development.

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Acreage in Desirable Snohomish Area
Acreage in Desirable Snohomish Area

15 Brookside Place, Snohomish, WA 98290

$289,900
10.00 AC lot

10-acre parcel in the sought-after Three Lakes area.

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Pilchuck River Waterfront Land
Pilchuck River Waterfront Land

6-xxx South Machias Road, Snohomish, WA 98290

$599,000
6.78 AC lot

6.78 acres with 1080 feet of Pilchuck River frontage.

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Off-Market Properties in Kirkland, WA

Consider similar Off-Market properties in Kirkland, 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.

8797 116th NE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8797 116th NE Ave, Kirkland, WA 98033-5714

$800,000
Estimated value
4,272 sqft 0.33 AC lot
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1115 Kirkland Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1115 Kirkland Ave, Kirkland, WA 98033-6331

$855,000
Estimated value
3,616 sqft 0.33 AC lot
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323 5th Ave
APARTMENT HOUSE (UNDER 5 UNITS)

323 5th Ave, Kirkland, WA 98033-6243

$765,000
Estimated value
3,488 sqft 0.25 AC lot
View details
12525 145Th Pl
Multifamily properties

12525 145Th Pl, Kirkland, WA 98034

Value Estimation by Request
923 sqft 12.15 AC lot
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13750 97Th Ave
Manufacturing properties

13750 97Th Ave, Kirkland, WA 98034

Value Estimation by Request
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845 Kirkland Way
APARTMENT HOUSE (UNDER 5 UNITS)

845 Kirkland Way, Kirkland, WA 98033-6338

$760,000
Estimated value
3,456 sqft 0.20 AC lot
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6818 124th NE Ave
BOARDING/ROOMING HOUSE

6818 124th NE Ave, Kirkland, WA 98033-8521

$540,000
Estimated value
3,557 sqft 0.92 AC lot
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Kirkland, WA Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Kirkland, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,672 square feet of properties for sale, with an estimated market value of $7,749,000.

Sale prices for residential income properties in Kirkland, WA start at $1,699,000, averaging $2,583,000, and reaching up to $4,250,000 — 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

Multifamily properties 5
Apartment buildings 4
Quadplexes 1

Demographics Overview

Population 92K
Population Growth (5Y) +12.1%
Median Household Income $148,770
College Educated 61.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Kirkland $1.7M
New York $4.3M

Taxes & Financing

Tax Rate (average for all types) 0.80%
Property Tax per SF $4.40 per SF
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Kirkland fall within the 10,000 to 25,000 square foot range.

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