A rare opportunity to acquire two new-construction, income-producing units in Kirkland’s coveted East of Market neighborhood. East of Market remains one of Kirkland’s most sought-after neighborhoods, offering the best of both worlds—a quiet, established setting w/ the energy + convenience of downtown just moments away. Waterfront parks + beaches, restaurants, cafés, boutique shopping, Kirkland Urban + the Cross Kirkland Corridor are all within easy reach, creating the walkable lifestyle that continues to make Kirkland such a desirable place to live. The location also places residents near Google’s Kirkland campus and within convenient reach of Downtown Bellevue, Microsoft’s Redmond campus + the broader Bellevue-Redmond technology employment corridor. Highly regarded Lake Washington schools add to the long-term appeal, with highly regarded Peter Kirk Elementary just a few blocks away. Easy access to I-405 and SR-520 connects the property throughout the Eastside and into Seattle, supporting continued appeal to a strong professional tenant pool. With new construction comes another meaningful investment advantage: limited deferred maintenance and fewer anticipated near-term capital expenditures compared with traditional small multifamily properties. The result is a distinctive Kirkland investment opportunity combining immediate income, low-maintenance ownership, two detached residences, and long-term exposure to one of the Eastside’s most desirable residential markets.
MLS #:
2580275
Taxes
$16,031(2026)
Lot Size
5,515 SQFT
Type
Multifamily
Building Name
Eleventh Avenue Cottages
Year Built
2025
Style
Duplex
School District
Lake Washington
County
King County
Community
East of Market
Listed By
Tamara Dean, Windermere Real Estate East, Inc.
Source Northwest MLS as distributed by MLS Grid Last checked Sep 22 2026 at 11:09 PM PDT
Bathroom Details
Subdivision
East Of Market
Lot Information
Curbs
Dead End Street
Sidewalk
Paved
Property Features
Deck
Patio
Electric Car Charging
High Speed Internet
Sprinkler System
Fenced-Partially
Fireplace: 0
Foundation: Poured Concrete
Heating and Cooling
Forced Air
Heat Pump
90%+ High Efficiency
Ductless
Flooring
Hardwood
Carpet
Vinyl Plank
Ceramic Tile
Engineered Hardwood
Exterior Features
Stone
Cement Planked
Roof: Composition
Utility Information
Sewer: Sewer Connected
Fuel: Electric, Natural Gas
School Information
Elementary School: Peter Kirk Elementary
Middle School: Kirkland Middle
High School: Lake Wash High
Additional Listing Info
Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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Based on information submitted to the MLS GRID as of 9/22/2026 16:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Description