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6461 NE 181st Street, 
Kenmore, WA 98028

$729,000


Bed


Bath


1,700

Sq Ft


Multi-Family

Active

Listed by

Dan Wick

Quantum Real Estate

Last updated:

May 21, 2026, 11:08 AM

MLS#

2523742

Source:

NWMLS

About This Home

6461 NE 181st Street

Spacious and well-maintained duplex in a highly desirable Kenmore location with strong income and additional upside potential. The upper unit offers a rare single-family home feel with street-level access and Lake Washington views, while the lower unit is a bright daylight basement unit with rental upside as the owner has not raised the rent in many years. Both 2-bedroom, 1-bath units were extensively renovated in the early 2000s and feature laminate flooring, wood cabinetry, and in-unit washer/dryers — a major advantage in today’s rental market. New roof installed last year helps minimize near-term capital expenses. Excellent investment fundamentals with a reported 6.2% cap rate and 11.9 GRM. Additional income potential exists through detached storage sheds currently not rented. Ample off-street parking with approximately 8 stalls provides exceptional tenant convenience. Located just blocks from the vibrant Kenmore commercial district with excellent walkability to restaurants, coffee shops, parks, library, and local amenities. Convenient access to transit and highly regarded Northshore School District schools supports strong long-term tenant demand and low vacancy history. Current zoning may allow additional unit potential creating future value-add or redevelopment opportunities (buyer to verify development potential and zoning capacity to their own satisfaction). Building next door also available, see MLS 2490694

Home Facts

Multi-Family

Built in 1952

Price Summary

729,000

$428 per Sq. Ft.

MLS #:

2523742

Last Updated:

May 21, 2026, 11:08 AM


Rooms & Interior

Interior

Living Area:

1,700 Sq. Ft.


Structure

Structure

Building Area:

1,700 Sq. Ft.

Year Built:

1952


Lot

Lot Size (Sq. Ft):

6,121


Finances & Disclosures

Finances

Price:

$729,000

Price per Sq. Ft:

$428 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 21, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

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 Contact, 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 a 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.