6461 NE 181st Street, Kenmore, WA 98028
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: dan wick
Office: quantum real estate
MLS#:2523742
Source:NWMLS
6461 NE 181st Street,Kenmore, WA 98028
$729,000
- - Beds
- - Baths
- 1,700 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, May 1611:00 am - 02:00 pm
Price summary
- Price:$729,000
- Price per sq. ft.:$428.82
About this home
Spacious and well-maintained duplex in a highly desirable Kenmore location with strong income and additional upside potential. The upper unit offers a rare single-family home feel with street-level access and Lake Washington views, while the lower unit is a bright daylight basement unit with rental upside as the owner has not raised the rent in many years. Both 2-bedroom, 1-bath units were extensively renovated in the early 2000s and feature laminate flooring, wood cabinetry, and in-unit washer/dryers — a major advantage in today’s rental market. New roof installed last year helps minimize near-term capital expenses. Excellent investment fundamentals with a reported 6.2% cap rate and 11.9 GRM. Additional income potential exists through detached storage sheds currently not rented. Ample off-street parking with approximately 8 stalls provides exceptional tenant convenience. Located just blocks from the vibrant Kenmore commercial district with excellent walkability to restaurants, coffee shops, parks, library, and local amenities. Convenient access to transit and highly regarded Northshore School District schools supports strong long-term tenant demand and low vacancy history. Current zoning may allow additional unit potential creating future value-add or redevelopment opportunities (buyer to verify development potential and zoning capacity to their own satisfaction). Building next door also available, see MLS 2490694...
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Home facts
- Year built:1952
- Listing ID #:2523742
- Updated:May 14, 2026 at 03:58 PM
Rooms and interior
- Flooring:Carpet, Ceramic Tile Floor, Laminate
- Living area:1,700 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1952
- Building area:1,700 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$729,000
- Price per sq. ft.:$428.82
- Tax amount:$6,970 (2026)
Features and amenities
- Amenities:Gas Available
Parking
- Total parking spaces:8
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