355 Front Street South

Issaquah, WA 98027

$3,125,000
Last Sold Price
16
Beds
18
Baths
11,168 Sq. Ft.
$280 / Sq. Ft.
11,168
Sq. Ft.
$280
per Sq. Ft.

Description

Ultra-Rare Investment Opportunity! Located on Front Street set just a few blocks from the Historic Issaquah core, dining, theater, music, pools, schools and library! Easy access to Issaquah Highlands park-n-ride and Swedish Hospital. Two four-plex units on separate tax parcels with 285 ft of Issaquah Creek frontage. Eight total units, each with 2 Bedrooms + bonus room 2.5 baths, attached garage and plenty of guest parking in huge private paved lot. Built above flood plain. Think Salmon Days!Ultra-Rare Investment Opportunity! Located on Front Street set just a few blocks from the Historic Issaquah core, dining, theater, music, pools, schools and library! Easy access to Issaquah Highlands park-n-ride and Swedish Hospital. Two four-plex units on separate tax parcels with 285 ft of Issaquah Creek frontage. Eight total units, each with 2 Bedrooms + bonus room 2.5 baths, attached garage and plenty of guest parking in huge private paved lot. Built above flood plain. Think Salmon Days!
  1. Listed by Kenny Whiteside • Redfin Corp.

Property Details for 355 Front Street South

Community Name
Issaquah
School District
Issaquah
Number of Assigned Spaces
16
Total Covered Parking
8
Entry Date
02-07-2020
Sewer
Sewer Connected

Location

Listing Courtesy of Redfin Corp.

Sold By ZNonMember-Office-MLS

Add your commute
LISTING UPDATED: 05/14/2021 04:28 AM

Property Details for 355 Front Street South

StatusSold
MLS #1560435
Days on Market201
Cumulative Days on Market202
Taxes$26,926 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size1.80 AC / 78,408 SF
CountyKing County

Location

Listing Courtesy of Redfin Corp.

Sold By ZNonMember-Office-MLS

Add your commute

Virtual Tour

Building Information for 355 Front Street South

Stories2Residences8Year Built1989Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$19,298 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,054

Property Taxes

$2,244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 355 Front Street South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet
  • Area: 500 - East Side/South of I-90
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From I-90 E: Take exit 17, turn right onto Front St S. Straight through light for about a mile. On the right just past Newport Way. Circle drive, lots of parking.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: Yes
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Vinyl, Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Metal/Vinyl, Wood
  • Roof: Composition
  • Waterfront Description: Creek
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 9191
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Issaquah
  • Water Company: City of Issaquah
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 2010
  • Photos Count: 24
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist - Buyer to Verify
  • Parcel Number Free Text: 3324069567
  • Building Condition: Good
  • Calculated Square Footage: 11168
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 11168.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $1,654
  • Total Expenses: 97433
  • Gross Adjusted Income: 161880
  • Gross Rent Multiplier: 24
  • Gross Scheduled Income: $161,880
  • Insurance Expense: $10,250
  • Net Operating Income: $64,447
  • Other Expenses: $49,412
  • Total Monthly Income: 13475
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 355-1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1250
  • Rent Unit 1: $1,850.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 355-2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1250
  • Rent Unit 2: $1,925.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 355-3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1250
  • Rent Unit 3: $1,875.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 355-4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1250
  • Rent Unit 4: $1,535.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 365-1
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1250
  • Rent Unit 5: $1,535.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 1
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 365-2
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1250
  • Rent Unit 6: $1,535.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 1
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: 365-4
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 1250
  • Rent Unit 7: $1,610.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 1
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: 365-3
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 1250
  • Rent Unit 8: $1,610.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 1
  • Bathrooms Unit 8: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 10000.0
  • Leasable Area Units: Square Feet

Property History for 355 Front Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 355 Front Street South

Taxable ValueLand$1,067,200Additions$597,800Total$1,665,000
Tax Record2022$12,641 ($1,053 / month)
Home Facts
Total Finished SqFt5,584 SqFtAbove Ground SqFt5,584 SqFtStories2Lot Size42,689 SqFtStyleMulti-Family Res (5+ Units)Year Built1989Year Renovated2008ZoningSF-SLCountyKINGAPN332406-9567Fireplace TypeHas Fireplace

Schools near 355 Front Street South

This home is within Issaquah School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Issaquah Valley Elementary School
PublicK to 5

Issaquah Middle School
Public6 to 8

Issaquah High School
Public9 to 12

Gibson Ek High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Redfin Corp.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.