Back

1 of 15

2 of 15

3 of 15

4 of 15

5 of 15

6 of 15

7 of 15

8 of 15

9 of 15

10 of 15

11 of 15

12 of 15

13 of 15

14 of 15

15 of 15

441 NE Alder St
Issaquah, WA 98027 Olde Town

$2,200,000 USD

Multifamily For Sale • 3,160 SF

Property Details

Property Type Multifamily
Total Building Size 3,160 SF
Lot Size 0.29 AC
Year Built 1998
Cap Rate 3.20 %
Zoning SF-D

37 Transit Score

68 Walk Score

                
                    Highlights
                
                                Walkable and bikeable Olde Towne Issaquah location just blocks from Downtown, Easy access to I-90, Bellevue, and Downtown Seattle
                            
                                Quiet, tree-lined residential street
                            
                                Modern 1998 construction; Fully remodeled duplex to custom home specs (2024)
                            
                                Separate condo units – Ideal for owner occupancy
                            
                                Oversized 1,580-SF 3-bedroom/2.25-bath units
                            
                                Each unit with private covered access to 2-car garage

Financial Summary (Actual)

Net Operating Income: $70,429 USD (2026)

Cap Rate:	3.20 %
Total Expenses:	$24,827 USD

Amenities

Dishwasher
Fireplace
Washer/Dryer
Heating
Ceiling Fans
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Views
Yard
Deck
Dining Room

Public Transportation

Airport	Drive	Walk	Distance
Seattle-Tacoma International	35 min	-	22.9 mi
Seattle Paine Field International	48 min	-	34.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Dan Swanson 425-444-6501 Kidder Mathews

441 NE Alder St Issaquah, WA 98027 Olde Town