16518 NE 85th Street Redmond, WA 98052
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Farheen Ahmed, Windermere Real Estate East, Inc.

  16518 NE 85th Street Redmond, WA 98052

Active (44 Days)
$1,999,500 (USD)

Description

Downtown Redmond corner-lot fourplex with upside on every front. In-place rents sit below market - immediate value-add. Downtown Edge zoning (up to 4 stories) plus unused treed land add ADU/redevelopment potential; buyer to verify with City. Walk to the NEW light rail station, downtown Redmond, and Bella Bottega shops and theater. Every unit: 2 bed, 1 split bath, versatile storage/mud room/den, in-unit washer/dryer, deck with storage closet, 2 parking spaces (8 total), southern exposure, elevated siting. Income today, optionality tomorrow.

MLS #:
2551793
Taxes
$17,299(2025)
Lot Size
0.3 acres
Type
Multifamily
Building Name
Redmond Short Plat #78-10
Year Built
1978
Style
4-Plex
School District
Lake Washington
County
King County
Community
Downtown Redmond

Listed By

Farheen Ahmed, Windermere Real Estate East, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Aug 23 2026 at 11:45 PM GMT+0000
Bathroom Details
Subdivision
  • Downtown Redmond
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
  • Paved
  • Value In Land
Property Features
  • Deck
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Wall Furnace
Flooring
  • Vinyl
  • Carpet
  • Vinyl Plank
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Redmond Elem
  • Middle School: Redmond Middle
  • High School: Redmond High
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Based on information submitted to the MLS GRID as of 8/23/2026 23:45. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.