Kirkland Homes with 55 - 5-9 Units Style

Welcome to Kirkland, Washington—a vibrant city nestled on the eastern shores of Lake Washington, just a stone's throw away from Seattle. Known for its stunning waterfront parks, charming downtown area, and a rich blend of outdoor activities, Kirkland is a place where community spirit meets scenic beauty. With its mild climate and lush landscapes, residents enjoy an abundance of recreational opportunities, from kayaking on the lake to hiking through nearby trails.

Kirkland boasts an eclectic mix of architectural styles, but one standout option is the homes featuring 5-9 units, perfect for those seeking a balance between community living and privacy. These multi-unit residences offer a unique opportunity for both homeowners and investors alike. Imagine enjoying the camaraderie of neighbors while still having your own space to retreat to at the end of the day.

These properties often come with shared amenities that enhance the living experience, such as green spaces, community gardens, or even fitness centers. The charm of Kirkland extends beyond its homes; the city is also known for its vibrant arts scene, excellent dining options, and a calendar full of local events that foster a strong sense of community.

Whether you’re a first-time homebuyer or looking to invest, Kirkland’s 5-9 unit homes provide a fantastic opportunity to immerse yourself in a thriving neighborhood and enjoy all the benefits this beautiful city has to offer. Experience the best of Washington living in Kirkland, where your dream home awaits!

Newest Kirkland Homes with 55 - 5-9 Units Style

$2,588,000

2570088 MLS ⋅ ACTIVE Status

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.

324 6th Avenue S, Kirkland

Listing courtesy of Paragon Real Estate Advisors.

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