505 3rd Street, Kirkland, WA 98033 (MLS # 2422209)

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

PRICE $2,950,000
BEDS 0
BATHS 0
HOME SIZE 1,920 sqft
LOT SIZE 5,101 sqft

Exceptional rare location & land development opportunity in Kirkland East of Market! Located just a 2-min walk from the vibrant downtown Kirkland, this property potential offers numerous development possibilities. Plans are available for constructing 6 cottages /townhomes. Choose existing renovated duplex & add 4 more units. Option to develop tiny homes or long-term strategy, retain the property & utilize existing duplex as a STR w/ strong cash flow for future development. Existing units fully renovated, incl new kitchen cab, qrtz cntrs, SS apps, w/ W/D. Lot is a unique opportunity in downtown Kirkland w/multiple development potential. Driveway variance in process w/ City of Kirkland. Buyer to verify all information to their satisfaction.

LAST UPDATED 8/16/2025 TRACT Downtown
YEAR BUILT 1968 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
CONSTRUCTION Wood Siding
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 12290
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 8/17/25 9:27 PM 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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