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505 3rd Street

Kirkland, WA 98033
  • $2,950,000
  • STATUS: Active
  • MLS #: 2422209
$2,950,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,920
    SQFT
  • $1,536
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Venture Real Estate Group LLC.
Mortgage Calculator is provided by BoomTown.

Description

Exceptional rare location & land development opportunity in Kirkland East of Market! Located just a 2-min walk from vibrant downtown Kirkland, this property potential offers numerous development possibilities. Plans are available for constructing 6 cottages /townhomes. Choose existing renovated duplex & add 4 more units. Option to develop tiny homes or long-term strategy, retain the property & utilize existing duplex as a STR w/ strong cash flow for future development. Existing units fully renovated, incl new kitchen cab, qrtz cntrs, SS apps, w/ W/D. Lot is a unique opportunity in downtown Kirkland w/multiple development potential. Driveway variance in process w/ City of Kirkland. Buyer to verify all information to their satisfaction.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. 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.
www.communityrealestategroup.com/homes/166980324
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505 3rd Street Kirkland, WA 98033

  • Price: $2,950,000
  • Status: Active
  • On Site: Days
  • MLS #: 2422209
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1,920
SQFT
$1,536
$/SQFT
1968
Built
Neighborhood:
Downtown
County:
King
Area:
560 - Kirkland/Bridle Trails
Elementary School:
Peter Kirk Elementary
Middle School:
Kirkland Middle
High School:
Lake Wash High
School District:
Lake Washington
Property Description
Exceptional rare location & land development opportunity in Kirkland East of Market! Located just a 2-min walk from vibrant downtown Kirkland, this property potential offers numerous development possibilities. Plans are available for constructing 6 cottages /townhomes. Choose existing renovated duplex & add 4 more units. Option to develop tiny homes or long-term strategy, retain the property & utilize existing duplex as a STR w/ strong cash flow for future development. Existing units fully renovated, incl new kitchen cab, qrtz cntrs, SS apps, w/ W/D. Lot is a unique opportunity in downtown Kirkland w/multiple development potential. Driveway variance in process w/ City of Kirkland. Buyer to verify all information to their satisfaction.
Exterior Features

Carport Spaces 2 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner LotPaved Open Parking Spaces 0 Open Parking YN No Parking Total 2 Parking Uncovered Spaces 0 Roof Flat Structure Type Duplex Style Code 52 - Duplex View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 1920 Cooling Forced Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Engineered Hardwood Heating Forced AirHeat Pump Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities See Remarks Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 21-22 Net Operating Income 0 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Company PSE Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer AvailableSewer Connected Sewer Company City of Kirkland Site Features High Speed InternetPatio Special Listing Conditions None Tax Annual Amount 12290 Tax Year 2025 Units In Building Total 2 Water Company City of Kirkland Water Source Public Year Built Effective 1968 Zoning Description Multi-FamilyResidential Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. 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.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Venture Real Estate Group LLC.
Mortgage Calculator is provided by BoomTown.