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Open house Sat, Oct 10

$1,249,000

8543 Avondale Road

Redmond, WA 98052

Active
Territorial view

Beds

—

Baths

—

Sq Ft

—

Lot

0.17 ac

Year built

1980

Type

Residential Income

Days listed

1

MLS #

2592062

About this home

Beautifully updated duplex in a convenient Redmond location! Each spacious residence offers approximately 1,650 sq ft with 3 bedrooms, 2.5 baths and an attached garage. Both units feature new flooring, fresh interior paint, new appliances and renovated bathrooms, while 8543 boasts a completely upgraded kitchen. Roof replaced in 2018. Live in one unit and rent the other, or lease both. Enjoy nearby downtown Redmond and Redmond Town Center shopping, dining and everyday conveniences, with easy access to SR 520, Microsoft and Downtown Redmond light rail. Nearby Marymoor Park and the Bear Creek Trail offer abundant recreation options. Updated interiors, flexible ownership and a desirable Eastside location make this a compelling opportunity! The Cap Rate shared in the listing was calculated based on the previous rent which hasn't been adjusted for years for the previous long term tenants. Even at the previous rents, this duplex offers an attractive cap rate. Now both units are vacant, ready for you to start new leases at the market rents. Zillow rent estimated 10+%. Zillow’s higher rent estimates suggest potential for additional rental income. Seller has pre-inspected the property with repairs done. Home is vacant and virtually staged. Buyers please verify everything to your own satisfaction.

Exterior features

Brick

Schools

Elementary

Einstein Elem

Middle

Evergreen Middle

High

Redmond High

Property details

Heating
Forced Air
Cooling
None
Flooring
Stone, Vinyl Plank
View
Territorial
Lot
Dead End Street, Value In Land
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$12,410 (2026)

Estimate your monthly payment

$7,350/mo

Principal & interest
$6,316
Property taxes
$1,034
Loan amount $999,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Redmond, WA 98052

Approximate location. Contact us to confirm the exact address.

Listing courtesy of John L. Scott, Inc.— Xia Zhao.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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