


2232 E Lake Sammamish Parkway NESammamish, WA 98074
Multi-Family · 8 Beds · 4,796 Sq. ft. | 1.88 Acres2232 E Lake Sammamish Parkway NE Overview
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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.
2232 E Lake Sammamish Parkway NE Facts & Features
- Type Multi-Family
- Sq. ft. 4,796
- Price/Sq.ft. $407
- Lot 1.88 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Lake Washington
- Elementary School: Blackwell Elem
- Middle Or Junior School: Inglewood Middle
- High School: Eastlake High
Income/Expenses
- Other Expense: 6465
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 94200
- Insurance Expense: 4824
- Net Operating Income: 69794
- Total Expenses: 24405
- Total Monthly Income: 7850
- Water/Sewer/Garbage: 1383
Building Information
- New Construction: No
- Year Built: 1957
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 540 - East of Lake Sammamish
- Subdivision Name: East Lake Sammamish
Community/Development
- Amenities: See Remarks,Storage
Tax Information
- Tax Annual Amount: $11,733.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 7525900050
- Property Condition: Very Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 4796
- Building Area Units: Square Feet
- Calculated Square Footage: 4796
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 4796
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Natural Gas
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Uncovered Total: 8
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved
- Lot Size Acres: 1.8832
- Lot Size Square Feet: 82031
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Gas Available, High Speed Internet, Patio
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition, Flat
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1500
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1850
- Beds Total: 2
- Baths Total: 2
Unit 3 Details
- Actual Rent: 2100
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 2400
- Beds Total: 3
- Baths Total: 2
2232 E Lake Sammamish Parkway NE Neighborhood
Community
98074 (Sammamish) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2232 E Lake Sammamish Parkway NE Monthly Cost
2232 E Lake Sammamish Parkway NE Market Data
Based on the last 30 days in this zip code
2232 E Lake Sammamish Parkway NE History
| Date | Value | Agent |
|---|---|---|
| 2/26/2026Source: NWMLS | February 26, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |














