16518 NE 85th Street, Redmond, WA 98052

Redmond
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: farheen ahmed
Office: windermere real estate/east
MLS#:2551793
Source:NWMLS
16518 NE 85th Street,Redmond, WA 98052
$1,999,500
  • - Beds
  • - Baths
  • 3,976 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,999,500
  • Price per sq. ft.:$502.89

About this home

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.

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Home facts

  • Year built:1978
  • Subdivision & Development:Downtown Redmond
  • Listing ID #:2551793
  • Updated:October 20, 2026 at 08:44 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor, Vinyl Plank
  • Living area:3,976 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:3,976 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Corner, Curbed Lot, Paved, Sidewalk, Value In Land
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck

Schools

  • High school:Redmond High
  • Middle school:Redmond Middle
  • Elementary school:Redmond Elem

Utilities

  • Water:Private
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,999,500
  • Price per sq. ft.:$502.89
  • Tax amount:$17,299 (2025)

Parking

  • Total parking spaces:8
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