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505 3rd St
Kirkland, WA 98033
Downtown Kirkland - 6-Unit Land Development · Multifamily Property For Sale · 2 Units

Investment Highlights

  • * Exceptional Location 2 min walk from Downtown Kirkland
  • * Multiple Development Options - Add 4 Units to Existing Duplex / Townhomes/Tiny Homes
  • * Long Term Land Development Strategy
  • * Corner Lot / Fully Remodeled Units
  • * Plans and Renderings Available
  • * Strong Cash Flow w/ Existing Income

Property Facts

No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.12 AC
Building Size 1,920 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 1.04/1,000 SF
Zoning PLA 7B - PLA 7B zoning can be found via link: https://www.codepublishing.com/WA/Kirkland/?KirklandZ25/KirklandZ25.html#25.30

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Satellite TV
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Wi-Fi
  • Deck
  • Family Room
  • Lawn
  • Quartz Countertops

Site Amenities

  • Laundry Facilities
  • Walking/Biking Trails
  • Wi-Fi
  • Fiber Optic Internet

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 960

Property Taxes

Property Taxes

Parcel Number
390010-0105
Land Assessment
$1,025,000
Improvements Assessment
$485,000
Total Assessment
$1,510,000
  • Listing ID: 37305775

  • Date on Market: 8/16/2025

  • Last Updated:

  • Address: 505 3rd St, Kirkland, WA 98033

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