A rare opportunity to acquire two new-construction, income-producing units in Kirkland’s coveted East of Market neighborhood. East of Market remains one of Kirkland’s most sought-after neighborhoods, offering the best of both worlds—a quiet, established setting w/ the energy + convenience of downtown just moments away. Waterfront parks + beaches, restaurants, cafés, boutique shopping, Kirkland Urban + the Cross Kirkland Corridor are all within easy reach, creating the walkable lifestyle that continues to make Kirkland such a desirable place to live. The location also places residents near Google’s Kirkland campus and within convenient reach of Downtown Bellevue, Microsoft’s Redmond campus + the broader Bellevue-Redmond technology employment corridor. Highly regarded Lake Washington schools add to the long-term appeal, with highly regarded Peter Kirk Elementary just a few blocks away. Easy access to I-405 and SR-520 connects the property throughout the Eastside and into Seattle, supporting continued appeal to a strong professional tenant pool. With new construction comes another meaningful investment advantage: limited deferred maintenance and fewer anticipated near-term capital expenditures compared with traditional small multifamily properties. The result is a distinctive Kirkland investment opportunity combining immediate income, low-maintenance ownership, two detached residences, and long-term exposure to one of the Eastside’s most desirable residential markets.
We are pleased to present Baymount Terrace, 1 4-unit apartment community strategically located at 11643 91st Place NE in Kirkland, Washington. This exceptional multifamily asset offers investors a rare opportunity to acquire a well-maintained residential property in one of the regions strongest rental markets with large 3 bd, 2ba units - very rare and highly desirable units! The property has been meticulously cared for throughout its history and has professional management maintaining accurate current records. Easy to take ownership and continue operations with value-add oppportunities! This community is designated as condominiums on King County Tax Records offering ownership flexibility (buyer to verify). Very close distance to Juanita Beach Park!
Downtown Kirkland 4-PLEX multi-family property COMPLETELY REMODELED throughout! Interior improvements include new paint, skim coating, solid core doors, trim, closet systems, vinyl windows, beautiful and modern laminate vinyl plank flooring, new blinds, new light fixtures, plumbing fixtures, new interior electrical panels. New radiant heaters (including add on heaters in each kitchen & bathroom). Kitchens feature new cabinets, fresh quartz countertops, stainless steel appliances, garbage disposals, and tile backsplash. Fully remodeled bathrooms with new tubs, sinks, toilets, cabinets, heaters, and tile. Exterior upgrades include new paint, Durable Trex decking & new railing, doors, & refreshed landscaping! All units are rented out.
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Kirkland is located in Washington. Kirkland, Washington has a population of 91,656. Kirkland is more family-centric than the surrounding county with 38.29% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Kirkland, Washington is $121,998. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Kirkland is 37.8 years.
The average high temperature in July is 75.9 degrees, with an average low temperature in January of 36.3 degrees. The average rainfall is approximately 40.6 inches per year, with 3.7 inches of snow per year.