Listing Provided Courtesy Of:
Real Property Associates and NWMLS
Address
17160 Avondale Way NE Redmond, WA
Price
$ 4,000,000
Property Attributes
  • ID#1829784
  • TypeMulti-Family
  • CountyKING
  • CityRedmond
  • AreaRedmond-Carnatio
  • NeighborhoodDowntown Redmond
  • Zip98052
  • Style10+ Units
  • Year Built1968
  • Taxes$ 26621
  • Price$ 4,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7784
  • Lot Size0.9 Acres
Listing Provided Courtesy Of:
Real Property Associates and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

The Cascadia Apartments are an updated and incredibly well located 11 unit apartment building across from Bear Creek Village and steps to Redmond Town Center and downtown Redmond. Three 1 bedroom/1 bath units; Eight 2 bedroom/1 bath units, with abundant parking. Apartments are on a BC zoned 17,424' lot and this sale includes a second 21,607' tax parcel zoned R5, which allow for overflow parking or future development. Unique opportunity for this size of an investment in this phenomenal location!

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
8/25/2021 Listed $4,000,000

General Features

Amenities Coin Op Laundry, Storage
Building Area Units Square Feet
Carport Y/N No
City Redmond
County King
Directions From I-5 S take exit 168B for WA-520 toward Bellevue/ Kirkland, turn left onto NE 80th St/ NE Union Hill Rd, left onto Avondale Way.
Electric Expense 1188
Elementary School Buyer To Verify
Exterior Features Wood
Flooring Laminate, Carpet
High School Buyer To Verify
High School District Lake Washington
Insurance Expense 3092
Leasable Area 7784
MLS Area 550 - Redmond/Carnatio
Middle/Junior High School Buyer To Verify
Net Operating Income 105753
New Construction No
Open Parking Spaces 20
Possession Closing
Possible Use Business, Commercial, Multi-Family, Retail, See Remarks
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Avondale
Structure Type Multi Family
Subdivision Name Downtown Redmond
Tax Annual Amount 26621
Tax Year 2021
Terms Cash Out, Conventional
Total Units 11
Units Below Grade false
Units In Building Total 11
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 5555
Year Built 1968
Zoning Class Business, Commercial, Multi-Family, Retail, See Remarks

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Way
Total Stories 2

Exterior Features

Building Area Total 7784
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Curbs, Paved, Sidewalk
Lot Size Acres 0.896
Lot Size Square Feet 39031
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 20
Total Parking 20
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98052

Price
AVG $4M
$4M
Taxes
AVG $26,621
$26,621
Visits
AVG 72
71
Year Built
AVG 1968
1968
Walkscore
AVG 78
78
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.