Property Photo: 16518 NE 85th Street WA 98052

Listing Courtesy of:

Northwest MLS as distributed by MLS GRID / Listed By: Farheen Ahmed, Windermere Real Estate East, Inc.

16518 NE 85th Street Redmond, WA 98052

Active

$1,999,500 ^(USD)

3,976

SQFT

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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
Last checked Jul 11 2026 at 12:42 AM 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.

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

Based on information submitted to the MLS GRID as of 7/11/2026 00:42. 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.