540 - 548 Front Street South

First time available in 40+ years, this rare, 12-unit apartment property on Front Street in Issaquah sits within a half-mile of all Downtown Issaquah has to offer, making it an ideal place for tenants to call home.

Issaquah High School, Issaquah Middle School, and Clark Elementary School are all within one mile. Shopping, dining and outdoor recreation are all extremely close-by. With prominent employment opportunities in Issaquah [Costco Headquarters, Swedish Hospital, Siemens, and Microsoft] as well as easy access to I-90, this property is perfectly situated close to all major employers in the Seattle metro area and attracts well-salaried tenants to this beautiful outdoor paradise.

Three, two-story buildings and 24 parking spaces are nestled among mature trees on 0.66 acres. Two of the buildings each feature four 2 bed, 1 bath apartments and the third building has three, 2 bed, 1 bath units and one 1 bed, 1 bath unit, plus a shared laundry facility.

Units range in size from 714 square feet to 810 square feet and have all been recently updated. The property is in Issaquah’s MF-H zone which allows for 29 dwelling units per acre giving a new owner the potential to add more units. Additionally, rents at the property are currently below market rate giving this property immediate upside.