324 6th Avenue, Kirkland, WA 98033

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Listing Firm: Paragon Real Estate Advisors (206-623-8880). Listings with the three tree icon are courtesy of NWMLS.

324 6th Avenue

Kirkland, WA 98033

LISTING #2570088

REQUEST DETAILS SCHEDULE A SHOWING

$2,588,000

STATUS Active

YEAR BUILT 1962

PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

This well-maintained five-unit apartment building presents a rare investment opportunity in Kirkland, where limited housing supply and strong rental demand support long-term value growth. Built in 1962 on a 10,000-square-foot PLA 6E-zoned lot, the property includes four renovated two-bedroom, one-bathroom units (850 SF each) and one fully renovated 450 SF studio. Over the past decade, units have been upgraded with LVP flooring, modern cabinetry, updated countertops, and renovated bathrooms, helping sustain strong tenant demand. The four two-bedroom units feature private balconies and in-unit washers and dryers, while the studio has a dedicated washer and dryer nearby. Each unit also includes a storage locker, currently provided at no charge, creating potential for additional income. Four covered parking spaces are likewise offered free to tenants, presenting further revenue upside. The property currently generates $11,875 per month in gross rental income and offers strong in-place cash flow with long-term stability. Located in Kirkland’s desirable Moss Bay neighborhood, it is within walking distance of Google’s Kirkland campuses, downtown Kirkland, Marina Park, restaurants, and shops. Nearby access to the Cross Kirkland Corridor and I-405 enhances connectivity to Bellevue and Seattle, supporting continued tenant demand and future rental growth.

PROPERTY DETAILS

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Location Information

County King

Community Kirkland

Latitude 47.671309

Longitude -122.201159

Directions Head N on I-405. Take exit 17. Turn left onto 116th Ave NE. turn left onto NE 70th Pl. Turn right onto state st. turn right onto 6th ave s. Destination will be on the left.

Subdivision Name Moss Bay

Interior Features

Has Fireplace No

Number of Fireplaces 0

Heating Wall Furnace

Cooling None

Floors Laminate

Exterior Features

Style 5-9 Units

Is New Construction Yes

Exterior Wood Products

Foundation Poured Concrete

Roof Composition

Water Source Public

Septic or Sewer Available

Covered Spaces 4

Power Production Type Electric

Parking Spaces 4

Lot Size in Acres 0.2296

Lot Size in Sq. Ft. 10,000

Building Total Area 3850 Square Feet

Has Waterfront No

Has View No

School

High School District Lake Washington

Additional Information

Possession Closing, Subject To Tenant Rights

Property Type Residential Income

Property Subtype Multi Family

Structure Type Multi Family

Year Built 1962

Status Active

Tax Year 2026

Tax Amount $15,635

Lot Acres Source Public Records

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