New Listing
$2,588,000
 $13,893 est/mo Sourced by Back At You

324 6th Avenue,Kirkland, WA 98033

Kirkland, WA 98033

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Description

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.

Details

MLS #2570088
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site4
Listing Provided ByParagon Real Estate Advisors | Rowan Davis

Features

SQ Feet3,850
Story(s)3
Units5
ZoningMulti-Family
Acreage0.23

Taxes

Property15635

Area Information

StateWA
CountyKing
CityKirkland
Zip Code98033
Area560 Kirkland | Bridle Trails
Community NameMoss Bay
Listing VS Median (in Moss Bay)
Price:
$2,588,000
low | high
Med:
$1,249,998
100% of Average
sqft:
3,850
low | high
Med:
1,541
100% of Average
$ / sqft:
$672
low | high
Med:
$811
29.328937430982% of Average
On site:
4
low | high
Med:
23
17.391304347826% of Average
Sourced by Back At You

Market Activity 98033

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Learn More About This Property

StateWA
CountyKing
CityKirkland
Zip Code98033
Area560 Kirkland | Bridle Trails
Community NameMoss Bay
Listing VS Median (in Moss Bay)
Price:
$2,588,000
low | high
Med:
$1,249,998
100% of Average
sqft:
3,850
low | high
Med:
1,541
100% of Average
$ / sqft:
$672
low | high
Med:
$811
29.328937430982% of Average
On site:
4
low | high
Med:
23
17.391304347826% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.941M - $3.235M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
213 4th Court Property Photo 1
$2,200,000
213 4th Court
Kirkland, WA 98033
721 2nd Street Property Photo 1
$5,997,888
721 2nd Street
Kirkland, WA 98033
Listing Updated: August 18, 2026 at 1:34:49 PM PDT