Recently Viewed Properties

No photo available

See This Home
Save This Listing
Close

$2,495,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 18 hours ago

Listed by Jamie Langsford | Venture Real Estate Group LLC | (425) 531-7966

No photo available

Rare land development opportunity in Kirkland's East of Market neighborhood or owner-occupy, just a two-minute walk from vibrant downtown Kirkland. Plans are available for both a 4 and 6 unit. Both existing units have been fully renovated with new kitchen cabinets, quartz countertops, stainless steel appliances, and in-unit washers and dryers. Priced for land and redevelopment value, with both units currently operating as furnished short-term rentals to help offset holding costs while you plan your project. A driveway variance is in process with the City of Kirkland. Buyer to verify all information, plans, development potential, and approval requirements to their satisfaction.

Full Property Details for 505 3rd St

General

  • Price: $2,495,000
  • Taxes: $11,988 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2594736
  • Updated: 10/15/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Flooring: Engineered Hardwood

Additional Information

  • Amenities: Patio

Parking

  • Carport Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 560 - Kirkland/Bridle Trails
  • County: King
  • Subdivision: Downtown
  • Building Name: Kirkland Terrace
  • Driving Directions: From 405 exit 85th St West, turn Right on 3rd St. Property will be on your Left side at the corner of 5th Ave.

School Information

  • High School District: Lake Washington
  • Elementary School: Peter Kirk Elementary
  • Middle School: Kirkland Middle
  • High School: Lake Wash High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air
  • Heating Type: Forced Air, Heat Pump

Utilities

  • Sewer: Available, Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, See Remarks
  • Stories in Building: 2
  • Square Feet: 1,920
  • Year Built: 1963
  • Property Condition: Good

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1171
  • Lot Size (Sq. Ft.): 5,100
  • Lot Size Source: Public Records
  • Lot Features: Corner Lot, Paved
  • Zoning: Multi-Family, Residential

Financial Considerations

  • Tax Amount: $11,988.22
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3900100105
  • Block: 87
  • Lot Number: 21-22

Listed by Jamie Langsford | Venture Real Estate Group LLC | (425) 531-7966

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 505 3rd St

School District:Lake Washington School District
NameGradesDistance
Peter Kirk Elementary School
1312 6th Street, Kirkland, WA 98033
K-50.6 mi
Kirkland Middle School
430 18th Avenue, Kirkland, WA 98033
6-80.8 mi
Lake Washington High School
12033 Northeast 80th Street, Kirkland, WA 98033
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2026
Listed
$2,495,000
211.88%
MLS
6/12/2018
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$14,080
15%
$1,627,000
8%
2025
$12,290
7%
$1,510,000
-6%
2024
$11,473
-6%
$1,611,000
—
2022
$12,186
50%
$1,611,000
43%
2021
$8,104
—
$1,130,000
36%
2021
$8,104
1%
$829,000
-2%
2020
$8,003
9%
$850,000
5%
2019
$7,355
3%
$810,000
17%
2018
$7,118
15%
$694,000
11%
2017
$6,190
4%
$628,000
5%
2016
$5,962
-8%
$597,000
-5%
2015
$6,461
10%
$626,000
22%
2014
$5,850
—
$515,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 505 3rd St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Jamie Langsford | Venture Real Estate Group LLC | (425) 531-7966

Just Listed near 505 3rd St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

9040 NE 14th St, Clyde Hill, WA 98004 - Photo 1 Just Listed
$8,997,000

9040 NE 14th St  Clyde Hill, WA 98004

  • Single Family
  • Active
  • Updated 3 days ago
  • 6
    Beds
  • 8
    Total Baths
  • 7,050
    Sq. Ft.
Listed by Beth Billington (206) 817-8283
2325 88th Ave NE, Clyde Hill, WA 98004 - Photo 1 Just Listed
$2,950,000
Open House

2325 88th Ave NE  Clyde Hill, WA 98004

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 4,260
    Sq. Ft.
Listed by Nate Short (425) 891-5842 and Rachael Podolsky (425) 208-9292
16321 NE 98th St, Redmond, WA 98052 - Photo 1 Just Listed
$1,200,000
Open House

16321 NE 98th St  Redmond, WA 98052

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,080
    Sq. Ft.
Listed by Siobhan Whitney (425) 445-3976
3211 W Ames Lake Dr NE, Redmond, WA 98053 - Photo 1 Just Listed
$799,000
Open House

3211 W Ames Lake Dr NE  Redmond, WA 98053

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,300
    Sq. Ft.
Listed by Eric Kinzler | Windermere Real Estate/East and Mike Pavone | Windermere Real Estate/East

Price Reduced near 505 3rd St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12099 164th Ct NE, Redmond, WA 98052 - Photo 1 Price Reduced
-$171,000 (-7.88%)
$1,999,000
Open House

12099 164th Ct NE  Redmond, WA 98052

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,849
    Sq. Ft.
Listed by Donna Madsen (425) 647-8413 and Jenny Anne Hill (206) 660-6655
12099 164th Ct NE, Redmond, WA 98052 - Photo 1 Price Reduced
-$171,000 (-7.88%)
$1,999,000
Open House

12099 164th Ct NE  Redmond, WA 98052

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,849
    Sq. Ft.
Listed by Donna Madsen (425) 647-8413 and Jenny Anne Hill (206) 660-6655
16219 Simonds Rd NE, Kenmore, WA 98028 - Photo 1 Price Reduced
-$50,000 (-2.78%)
$1,749,950
Open House

16219 Simonds Rd NE  Kenmore, WA 98028

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 5
    Total Baths
  • 3,813
    Sq. Ft.
Listed by Peter M. Murphy | Keller Williams Realty Bothell and Erin Bee Thompson | Keller Williams Realty Bothell
17019 NE 118th Way, Redmond, WA 98052 - Photo 1 Price Reduced
-$57,500 (-3.1%)
$1,795,000

17019 NE 118th Way  Redmond, WA 98052

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,041
    Sq. Ft.
Listed by Murat Dabagoglu | Realty ONE Group Orca Gold

Recent Sales near 505 3rd St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

332 6th Ave, Kirkland, WA 98033 - Photo 1 Sold
$2,600,000

332 6th Ave  Kirkland, WA 98033

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,950
    Sq. Ft.
Listed by Enrica Zeggio | Realogics Sotheby's Int'l Rlty
Sold by Tamara J. Dean | Windermere Real Estate/East
227 8th Ave, Kirkland, WA 98033 - Photo 1 Sold
$2,350,000

227 8th Ave  Kirkland, WA 98033

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 4,390
    Sq. Ft.
Listed by Max Rombakh | Windermere Real Estate/East
Sold by Cole Grant | RE/MAX Elite and Vince M Grant | RE/MAX Elite
143 8th Ave, Kirkland, WA 98033 - Photo 1 Sold
$2,150,000

143 8th Ave  Kirkland, WA 98033

  • Single Family
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 2,290
    Sq. Ft.
Listed by Maggie Sun | Keller Williams Rlty Bellevue
Sold by Wendy Klinker | Windermere Real Estate/East
129 3rd Ave, Kirkland, WA 98033 - Photo 1 Sold
$2,750,000

129 3rd Ave  #604  Kirkland, WA 98033

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,160
    Sq. Ft.
Listed by Jim Muenz
Sold by Marianne Francis | Realogics Sotheby's Int'l Rlty

505 3rd Street, Kirkland, WA 98033 (MLS# 2594736) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 505 3rd Street is currently listed for $2,495,000 and was received on October 15, 2026. Want to learn more about 505 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Norkirk? You can browse all Norkirk real estate or contact a Coldwell Banker agent to request more information.

Tour this property