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2232 E Lake Sammamish Parkway NE, Sammamish, WA, 98074

8beds
6baths
4,796sqft
$1,950,000
$407price/sqft
$11,756/moest. monthly cost
$470,240/yrincome needed

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.

Getting Around

6
WalkingCar-Dependent
5
TransitMinimal Transit
35
BikeSomewhat Bikeable

Schools

9/10
10/10
Eastlake High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1957

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,Flat
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6

Features

  • Flooring: Ceramic Tile,Vinyl,Carpet

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Forced Air

Interior Area

  • Total structure area: 4,796
  • Total interior livable area: 4,796 sqft

Property

Details

  • Parcel number: 7525900050
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Lake,Partial,Territorial
  • Has water view: Yes
  • Water view: Lake

Lot

  • Lot size: 1.88 Acres
  • Features: Paved,Cable TV,Deck,Gas Available,High Speed Internet,Patio

Parking

  • Uncovered spaces: 8