505 3rd Street
Kirkland, WA 98033
0.12 acres | #2422251
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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available
- Utility SourceAvailable, On Property, See Remarks
- Lot DescriptionCorner Lot, Paved, Sidewalk
- Sewer InformationAvailable, On Property
- Elementary SchoolPeter Kirk Elementary
- Style42 - Multi-Family
- School DistrictLake Washington
- Middle SchoolKirkland Middle
- Date ListedAugust 16, 2025
- High SchoolLake Wash High
- Structure TypeMulti Family
- ViewTerritorial
- Original List Price$2,950,000
- Property TypePurchase
- SubdivisionDowntown
- Taxes Annual$12,290
- MLS #2422251
- Cost2950000
- MLS #2422251
- Acres0.1171
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)8
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-08-20 16:13:11. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Jamie Langsford (#NWM96577)
Listing Office: Venture Real Estate Group LLC (#NWM3409)
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