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6461 NE 181st St , Kenmore, WA 98028
$729,000
Est. Payment: $3,536.80/mo
4 Bed
2 Bath
1700 Sqft
Status: active | Days on site: 26
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Spacious and well-maintained duplex in a highly desirable Kenmore location with strong income and additional upside potential. The upper unit offers a rare single-family home feel with street-level access and Lake Washington views, while the lower unit is a bright daylight basement unit with rental upside as the owner has not raised the rent in many years. Both 2-bedroom, 1-bath units were extensively renovated in the early 2000s and feature laminate flooring, wood cabinetry, and in-unit washer/dryers — a major advantage in today’s rental market. New roof installed last year helps minimize near-term capital expenses. Excellent investment fundamentals with a reported 6.2% cap rate and 11.9 GRM. Additional income potential exists through detached storage sheds currently not rented. Ample off-street parking with approximately 8 stalls provides exceptional tenant convenience. Located just blocks from the vibrant Kenmore commercial district with excellent walkability to restaurants, coffee shops, parks, library, and local amenities. Convenient access to transit and highly regarded Northshore School District schools supports strong long-term tenant demand and low vacancy history. Current zoning may allow additional unit potential creating future value-add or redevelopment opportunities (buyer to verify development potential and zoning capacity to their own satisfaction). Building next door also available, see MLS 2490694
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Highlights

Listed by Dan Wick , 206-900-2626 Quantum Real Estate , 206-900-2626. Northwest Multiple Listing Service

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1952

County

King

Area

720 - Lake Forest Park

 Neighborhood

Kenmore

 School District

Northshore

Listing ID

2523742

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Floor:Ceramic Tile,Laminate,Carpet
Other:NUD

Exterior Features

Lot:Fenced-Partially,Gas Available,Outbuildings,Zoning: Commercial
Garage Capacity:8
Zoning:Commercial
Roof:Composition
Others:Wood,Good
Sewer:NUD
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$3,537
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$581

Home Price

$729,000

Home Price

Loan Details

30 yrs
6.107%

Interest Rate

Loan Type

Down Payment

20%
$145,800

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,536.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,536.80 $580.83 $0.00 $4,117.63
Yearly $42,441.59 $6,970.00 $0.00 $49,411.59
Total $1,273,247.62 $209,100.00 $0.00 $1,482,347.62
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Kenmore, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-06-28T00:28:13.000Z

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