$1,850,000
Est. $10,247/mo4,796 sq ft
2232 E Lake Sammamish Parkway NE, Sammamish, WA 98074
• Listed Aug 27, 2026•236 days active · 236 cumulative
Listing Broker: Windermere Real Estate/East; Julie Scozzafave; 425-417-3566; Julie@Scozzafave.com
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Listing Broker: Windermere Real Estate/East; Julie Scozzafave; 425-417-3566; Julie@Scozzafave.com
About this home
Exceptional low-maintenance INVESTMENT OPPORTUNITY with unobstructed Lake Sammamish water views on a generous lot featuring two income-producing duplexes (non-conforming)! This fully occupied property offers four total units with long-term, reliable tenants already in place, creating immediate and stable cash flow. Thoughtfully maintained and easy to manage, each unit includes its own washer and dryer, providing added convenience and tenant appeal. The property encompasses a total of 8 bedrooms and 6.5 bathrooms across the four residences, offering flexible living arrangements that continue to attract strong rental demand. Ample parking for all units plus joint storage unit—an increasingly valuable amenity for long-term tenants. The expansive lot enhances privacy and features unobstructed lake views, making this a rare blend of strong investment fundamentals and exceptional location appeal. With solid occupancy history, functional layouts, and desirable amenities already in place, this property presents a compelling opportunity for investors seeking dependable income and future upside potential. Please do not disturb tenants.
Listed by Julie Scozzafave • Windermere Real Estate/East
Listing updated: October 13, 2026 at 09:43am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2574876
Around this home
How much should you offer?
2232 E Lake Sammamish Parkway NE, Sammamish, WA 98074
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- 4-Plex
Flooring
- Ceramic Tile
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Forced Air cooling
Schools
Ratings via SchoolDiggerLake Washington School District
- Elizabeth Blackwell ElementaryPublic · Grades K-5 · State rank 30 of 1,13810/10
- Inglewood Middle SchoolPublic · Grades 6-8 · State rank 6 of 51410/10
- Eastlake High SchoolPublic · Grades 9-12 · State rank 6 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 4
- Units in building
- 4
- Units below grade
- false
- Building square feet
- 4,796 sq ft
Income & expenses
- Gross scheduled income
- $94,200
- Total monthly income
- $7,850
- Gross adjusted income
- $94,200
- Net operating income
- $69,794
- Cap rate
- 3.57%
- Gross rent multiplier
- 20.7
- Total expenses
- $24,405
- Insurance
- $4,824
- Other expenses
- $6,465
- Water / sewer / garbage paid by
- 1383
Parking & storage
- Parking spaces
- 8
- Uncovered parking
- 8
Taxes & assessment
- Annual taxes
- $11,733
- Tax year
- 2025
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 2232 E Lake Sammamish Parkway NE
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Aug 27, 2026ListedNWMLS via MLS Grid · #2574876$1,850,000$386/sq ft
- Dec 5, 2014SoldNWMLS via MLS Grid · #643791$780,000$163/sq ft
- Jun 10, 2014PendingNWMLS via MLS Grid · #643791$850,000$177/sq ft
- May 30, 2014ListedNWMLS via MLS Grid · #643791$850,000$177/sq ft
Mortgage payment forecast
$11,688 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Windermere Real Estate/East; Julie Scozzafave; 425-417-3566; Julie@Scozzafave.com
Market pulse
Sammamish is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 2% below list price.
Time on market: The average home goes pending in around 81 days.
Recent sales nearby
Within 1 mile · last 6 months$1,525,000 Sold
4 days ago
4 bd•2.5 ba•~2,760 sq ft•Single Family
2037 213th Avenue NE, Sammamish, WA 98074
0%
Over list
34
Days on market
0.7 mi
Distance
$1,725,000 Sold
2 weeks ago
4 bd•2.75 ba•~3,920 sq ft•Single Family
20522 NE 23rd Court, Sammamish, WA 98074
4%
Under list
42
Days on market
0.3 mi
Distance
$4,375,000 Sold
3 weeks ago
4 bd•5.5 ba•~5,630 sq ft•Single Family
2837 E Lake Sammamish Parkway NE, Sammamish, WA 98074
12%
Under list
42
Days on market
0.4 mi
Distance
$1,300,000 Sold
3 weeks ago
3 bd•2.75 ba•~2,570 sq ft•Single Family
3415 211th Avenue NE, Sammamish, WA 98074
0%
Over list
115
Days on market
0.9 mi
Distance
$1,520,000 Sold
3 weeks ago
3 bd•2.5 ba•~2,260 sq ft•Single Family
3805 203rd Avenue NE, Sammamish, WA 98074
2%
Under list
36
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 19, 2026 at 9:46 PM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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