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$1,850,000 Just Listed
Property Description
Exceptional low-maintenance INVESTMENT OPPORTUNITY with unobstructed Lake Sammamish water views on a generous lot featuring two income-producing duplexes (non-conforming)! This fully occupied property offers four total units with long-term, reliable tenants already in place, creating immediate and stable cash flow. Thoughtfully maintained and easy to manage, each unit includes its own washer and dryer, providing added convenience and tenant appeal. The property encompasses a total of 8 bedrooms and 6.5 bathrooms across the four residences, offering flexible living arrangements that continue to attract strong rental demand. Ample parking for all units plus joint storage unit-an increasingly valuable amenity for long-term tenants. The expansive lot enhances privacy and features unobstructed lake views, making this a rare blend of strong investment fundamentals and exceptional location appeal. With solid occupancy history, functional layouts, and desirable amenities already in place, this property presents a compelling opportunity for investors seeking dependable income and future upside potential. Please do not disturb tenants.
Full Property Details
Full Property Details for 2232 E Lake Sammamish Pkwy NE
General
- Price: $1,850,000
- Taxes: $11,733 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2574876
- Updated: 8/27/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Ceramic Tile, Vinyl, Carpet
Additional Information
- Amenities: Cable TV, Deck, Gas Available, High Speed Internet, Patio
Parking
- Uncovered Spaces: 8
Location
- Area: 540 - East of Lake Sammamish
- County: King
- Subdivision: East Lake Sammamish
- Driving Directions: *GPS FRIENDLY!* Merge onto Redmond Way/WA-202 E toward Sammamish/Fall City. Turn Right onto E. Lake Sammamish Pkwy NE. Property will be on your left (very quick turn). Head up the hill.
School Information
- High School District: Lake Washington
- Elementary School: Blackwell Elem
- Middle School: Inglewood Middle
- High School: Eastlake High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Forced Air
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition, Flat
- Stories in Building: 2
- Square Feet: 4,796
- Year Built: 1957
- Property Condition: Very Good
Unit Information
- Units in Building: 4
Lot Features
- Property View: Lake, Partial, Territorial
- Lot Size (Acres): 1.8832
- Lot Size (Sq. Ft.): 82,031
- Lot Size Source: Realist
- Lot Features: Paved
Financial Considerations
- Tax Amount: $11,733
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 7525900050
Listed by Julie Scozzafave | Windermere Real Estate/East | (425) 455-9800 and Aubrey Chavez | Windermere Real Estate/East | (425) 455-9800
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Schools
Schools serving 2232 E Lake Sammamish Pkwy NE
School District:Lake Washington School District
| Name | Grades | Distance |
|---|---|---|
Elizabeth Blackwell Elementary School 3225 205th Place Northeast, Sammamish, WA 98074 | K-5 | 0.6 mi |
Inglewood Junior High School 24120 Northeast 8th Street, Sammamish, WA 98074 | 6-8 | 2.6 mi |
Eastlake High School 400 228th Avenue Northeast, Sammamish, WA 98074 | 9-12 | 2.2 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 2232 E Lake Sammamish Pkwy NE
Date
Details
Price
Change
Source
8/27/2026
Listed
$1,850,000
—
MLS
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
Tax History for 2232 E Lake Sammamish Pkwy NE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$13,343
14%
$1,491,000
8%
2025
$11,733
14%
$1,384,000
-1%
2024
$10,296
-6%
$1,404,000
—
2022
$10,981
26%
$1,404,000
46%
2021
$8,696
—
$963,000
14%
2021
$8,696
—
$844,000
-2%
2020
$8,690
6%
$864,000
2%
2019
$8,224
1%
$849,000
13%
2018
$8,116
6%
$750,000
2%
2017
$7,649
2%
$734,000
2%
2016
$7,528
1%
$717,000
5%
2015
$7,436
6%
$686,000
18%
2014
$6,988
—
$582,000
—
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
Estimate the Cost for 2232 E Lake Sammamish Pkwy NE
2232 E Lake Sammamish Parkway NE, Sammamish, WA 98074 (MLS# 2574876) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2232 E Lake Sammamish Parkway NE is currently listed for $1,850,000 and was received on August 27, 2026. Want to learn more about 2232 E Lake Sammamish Parkway NE? Do you have questions about finding other Multi-Family real estate for sale in Sammamish Heights? You can browse all Sammamish Heights real estate or contact a Coldwell Banker agent to request more information.
