8543 Avondale Rd NE
Redmond, WA 98052
Listing Office
Office
John L. Scott, Inc.
John L. Scott, Inc.
Pending
$1,249,000
8543 Avondale Rd NE Redmond, WA 98052
Multi Family
Property Type
3,300
Sq. Ft.
1980
Year Built
King
County
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.
MLS® #
2592062
Monthly HOA
N/A
On Site
Not Available
Last Updated
10/13/2026
Contact Agent
Oyhut Bay Realty
(360) 505-0920Property Details
Community Information
Address
8543 Avondale Rd NE, Redmond, WA 98052
Area
550 - Redmond/Carnation
County
King
City
Redmond
Subdivision
Avondale
Zip Code
98052
School Information
School District
Lake Washington
High School
Redmond High
Middle School
Evergreen Middle
Elementary School
Einstein Elem
Architecture
Year Built
1980
Stories
2
Construction Materials
Brick
Building Style
Duplex
Building Condition
Good
Roof
Composition
Foundation
Poured Concrete
Features / Amenities
Flooring
Stone, Vinyl Plank
Exterior Features
Brick
Green Energy Efficient
Thermal Windows
Garage Spaces
2
Carport Spaces
2
Covered Spaces
2
Parking Total
6
Heating
Forced Air
Property Features
Lot Size
0.17 Acres
Lot Features
Dead End Street, Value In Land
View
Territorial
Sq.Ft. Size
3300
Lot Sq.Ft. Size
7561
Sewer
Sewer Connected
Water
Public
Directions
GPS friendly.
Tax and Financial Info
Tax Year
2026
Tax Annual Amount
$12,410
Insurance Expense
$2,615
Net Income
$58,175
Listing Terms
Cash, Conventional, FHA
Total Monthly Income
$73,200
Net Operating Income
$58,175
Total Expenses
$15,025
Offers
Seller intends to review offers upon receipt
Possession
Closing
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are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2026. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Oyhut Bay Realty and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on October 14, 2026 at 8:45 PM PST.IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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