$729,000
Est. $3,675/mo6461 Ne 181st Street, Kenmore, WA 98028
• Listed 2026-05-13•12 days on market
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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
Listed by Dan Wick • Quantum Real Estate
Listing updated: June 8, 2026 at 01:58pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2523742
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6461 Ne 181st Street, Kenmore, WA 98028
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Kenmore is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 5 days.
$825,000 Sold
6 days ago
4 bd•2 ba•~2,880 sq ft•Single Family
18510 66th Avenue Ne, Kenmore, WA 98028
11%
Under list
—
Days on market
0.1 mi
Distance
$920,000 Sold
7 weeks ago
4 bd•2 ba•~2,265 sq ft•Single Family
6225 Ne 181st Street #101, Kenmore, WA 98028
16%
Under list
—
Days on market
0.2 mi
Distance
$1,145,000 Sold
8 weeks ago
5 bd•2 ba•~3,200 sq ft•Single Family
18722 56th Avenue Ne, Kenmore, WA 98028
0%
Over list
—
Days on market
0.7 mi
Distance
$830,000 Sold
3 months ago
3 bd•1.5 ba•~1,632 sq ft•Single Family
7721 Ne 175th Street #104, Kenmore, WA 98028
0%
Over list
—
Days on market
0.9 mi
Distance
$800,000 Sold
4 months ago
4 bd•1.5 ba•~1,775 sq ft•Single Family
6722 Ne 187th Street #106, Kenmore, WA 98028
6%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
