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2232 E Lake Sammamish Parkway NE

Sammamish, WA 98074
  • $1,950,000
  • STATUS: Active
  • MLS #: 2483545
UPDATED: 66 min ago
$1,950,000
  • 0
    BEDS
  • 1.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,796
    SQFT
  • $407
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Windermere Real Estate/East.
Mortgage Calculator is provided by BoomTown.

Description

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.

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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.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 Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-03-15T09:15:26.227. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-03-15T09:15:26.227. 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.

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2232 E Lake Sammamish Parkway NE Sammamish, WA 98074

  • Price: $1,950,000
  • Status: Active
  • On Site: Days
  • Updated: 66 min ago
  • MLS #: 2483545
0
Beds
0
Baths
0
½ Baths
1.88
Acres
4,796
SQFT
$407
$/SQFT
1957
Built
Neighborhood:
East Lake Sammamish
County:
King
Area:
540 - East Of Lake Sammamish
Elementary School:
Blackwell Elem
Middle School:
Inglewood Middle
High School:
Eastlake High
School District:
Lake Washington
Property Description
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Open Parking YN No Roof CompositionFlat Structure Type Quadruplex Style Code 54 - 4-Plex View LakePartialTerritorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 4796 Cooling Forced Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileVinylCarpet Heating Forced Air Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities See RemarksStorage Association Fee 0 Association YN No Energy Source Natural Gas First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms CashConventional Net Operating Income 69794 New Construction YN No Possession ClosingSee Remarks Power Company Puget Sound Energy Power Production Type Natural Gas Property Condition Very Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company Sammamish Plateau Sewer Short Term Rental YN No Site Features Cable TVDeckGas AvailableHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 11733 Tax Year 2025 Units In Building Total 4 Water Company Sammamish Plateau Water Water Source Public

MLS Grid logo

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.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 Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-03-15T09:15:26.227. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-03-15T09:15:26.227. 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.

Digital Millennium Copyright Act
 
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Logo
Tri-Cities Realty Group, LLC
1919 N 20th Ave
Pasco WA, 99301
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Windermere Real Estate/East.
Mortgage Calculator is provided by BoomTown.