About 16518 Ne 85th Street
Downtown Redmond corner-lot fourplex with upside on every front. In-place rents sit below market - immediate value-add. Downtown Edge zoning (up to 4 stories) plus unused treed land add ADU/redevelopment potential; buyer to verify with City. Walk to the NEW light rail station, downtown Redmond, and Bella Bottega shops and theater. Every unit: 2 bed, 1 split bath, versatile storage/mud room/den, in-unit washer/dryer, deck with storage closet, 2 parking spaces (8 total), southern exposure, elevated siting. Income today, optionality tomorrow.
Features of 16518 Ne 85th Street
| MLS® # | 2551793 |
|---|---|
| Price | $1,999,500 |
| Square Footage | 3,976 |
| Acres | 0.30 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 16518 Ne 85th Street |
|---|---|
| Area | 550 - Redmond/Carnation |
| Subdivision | Downtown Redmond |
| City | Redmond |
| County | King |
| State | WA |
| Zip Code | 98052 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air, Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Corner Lot, Curbs, Paved, Sidewalk, Value In Land |
| Foundation | Poured Concrete |
School Information
| District | Lake Washington |
|---|---|
| Elementary | Redmond Elem |
| Middle | Redmond Middle |
| High | Redmond High |
Additional Information
| Date Listed | July 10th, 2026 |
|---|---|
| Days on Market | 48 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Real Estate/East |
|---|