Advertise
    Redmond, WA
    Residential Income

    Redmond, WA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Sammamish, WA Kirkland, WA Bellevue, WA Woodinville, WA Granite Falls, WA Issaquah, WA Clyde Hill, WA Bothell, WA
    Redmond Development Site For Sale
    Updated: Feb 3, 2025
    Redmond Development Site For Sale

    8520 164th Ave NE, Redmond, WA 98052

    $6,000,000
    18,000 sqft
    Prime 18,000 SF corner development site in the heart of Redmond.
    Zoning allows for a roughly 130‑unit multifamily project.
    Centrally located, flat site in Downtown Redmond.
    Exceptional connectivity to the Redmond Transit Center (0.2 miles).
    Proximity to the Sound Transit East Link Light Rail station.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    8520 164th Ave NE, Redmond, WA 98052

    View Property Analytics

    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $280K
      Annual

    • Price @ 7% Cap

      $4M
      Suggested

    • Property Type

      Single Family Residence
      Built 1949
    View Property Analytics
    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
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Redmond, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    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
    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.

    View details
    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.

    View details
    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.

    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.

    Bothell Land Development Opportunity
    Bothell Land Development Opportunity

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

    Contact for pricing
    0.85 AC lot

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

    View details
    Lake Washington Waterfront Development Opportunity
    Lake Washington Waterfront Development Opportunity

    13117 Holmes Point Dr NE, Kirkland, WA 98034

    Contact for pricing
    5.00 AC lot

    Rare 5-acre waterfront land parcel on Lake Washington.

    View details
    Residential Lot Near Green Lake
    Residential Lot Near Green Lake

    1142 77th St, Seattle, WA 98103

    $850,000
    222,156,000 sqft 0.12 AC lot

    Approximately 5,100 sq ft lot near Green Lake.

    View details
    Renton Acreage with Valley Views
    Renton Acreage with Valley Views

    149-xx 175th Avenue Southeast, Renton, WA 98059

    $180,000
    0.71 AC lot

    Secluded 0.713 acre lot with valley and river views.

    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
    120 196Th Ave
    Mixed-use properties

    120 196Th Ave, Redmond, WA 98053

    Value Estimation by Request
    1.63 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 Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Redmond, WA on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $6,637,000.

    Sale prices for residential income properties in Redmond, WA start at $637,000, averaging $3,318,500, and reaching up to $6,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Multifamily properties 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
    98052 $2.6M

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Redmond, WA

    Popular Categories

    Most Searched ZIP Codes in Redmond, WA

    • 98052
    • 98053

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!