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5733 155th Ave NE 2 Unit Apartment Building $1,550,000 ($775,000/Unit) Redmond, WA 98052
Investment Highlights
- Fully separate ADU offering income potential or multigenerational use.
- Flexible layout that can function as a 5-bedroom home or dual-unit residence.
- Proximity to Microsoft campus, regional trails, light rail, and Marymoor Park.
- Newly refinished hardwood floors and abundant natural light throughout.
- Brand-new Trex deck paired with a serene, landscaped yard for relaxation.
- Scheduled roof replacement in 2025 ensures long-term value and durability.
Executive Summary
Opportunity awaits in this rare mid-century single family home w/ a flexible 2-bed ADU perfect for rental income. Rent out the home as two separate units or use it as a primary residence with a revenue generating property set just blocks from Microsoft! The main living space is open & inviting w/ newly refinished hardwoods, vaulted ceilings, A/C & 3 bedrooms. Lower level 2-bed ADU can connect to the rest of the home for extra flexibility & a 5-bed layout, or use as a separate MIL/rental unit w/ exterior entry. Outside, a brand-new Trex deck overlooks a tranquil fenced yard & a new roof gives you peace of mind. Peaceful location close to trails, Marymoor, prized Lake WA schools, light rail & all of Redmond's sought-after amenities.
Property Facts
| Price | $1,550,000 | Property Subtype | Apartment |
| Price Per Unit | $775,000 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Class | B |
| Sale Condition | 1031 Exchange | Building Size | 2,540 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Zoning | NR - Allows small-scale retail, service, and personal businesses that serve nearby residential areas. | ||
| Price | $1,550,000 |
| Price Per Unit | $775,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Building Size | 2,540 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Zoning | NR - Allows small-scale retail, service, and personal businesses that serve nearby residential areas. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | - | 1,700 |
| 2+1 | 1 | - | 850 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 541180-0230 | Improvements Assessment | $474,000 |
| Land Assessment | $808,000 | Total Assessment | $1,282,000 |
Property Taxes
Parcel Number
541180-0230
Land Assessment
$808,000
Improvements Assessment
$474,000
Total Assessment
$1,282,000
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5733 155th Ave NE