505 3rd Street, Kirkland, WA 98033 (MLS # 2594736)

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Listing provided courtesy of Northwest MLS; Venture Real Estate Group LLC

PRICE $2,495,000
BEDS 0
BATHS 0
HOME SIZE 1,920 sqft
LOT SIZE 5,101 sqft

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.

LAST UPDATED 10/15/2026 TRACT Downtown
YEAR BUILT 1963 COMMUNITY Downtown
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Peter Kirk Elementary
Jr. High School Kirkland Middle
High School Lake Wash High


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA 560 - Kirkland/Bridle Trails
HEAT Electric, Forced Air, Heat Pump
LOT 5101 sq ft
LOT DESCRIPTION Corner Lot, Paved
MLS STATUS Active
STORIES 2
STYLE 52 - Duplex
SUBDIVISION Downtown
TAXES 11988.22
UTILITIES Sewer Connected, Sewer Available
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
ZONING Multi-Family,Residential

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/16/26 4:39 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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.

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