2500 81st Avenue SE #118, Mercer Island, WA 98040 (MLS # 2480792)

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Listing provided courtesy of Northwest MLS; Realogics Sotheby's Int'l Rlty

PRICE $399,950 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 965 sqft
LOT SIZE n/a
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PRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new light rail station and just moments from Luther Burbank Park, downtown Mercer Island, the Community Center, waterfront parks, and regional walking and biking trails. Enjoy rare features including no rental cap, a conveniently located covered carport near the entrance, large storage unit (#14), and an approved, recorded in-unit washer/dryer. Building amenities include an elevator and club/conference room (currently being renovated). The fully renovated interior features a designer kitchen with farmhouse sink, updated bathroom, new lighting, fireplace, custom closet organizers, air conditioning, and a private in-unit washer/dryer. Bright, open living spaces extend to an expansive west-facing veranda"”perfect for relaxing, entertaining, and enjoying beautiful sunset views. Located in Mercer Island's award-winning school district with quick access to both Seattle and Bellevue, this home offers exceptional convenience, flexibility, and investment potential. Price has been significantly improved, and the seller will pay 6 months of HOA dues"”making this an exceptional opportunity for homeowners and investors alike.

LAST UPDATED 7/17/2026 TRACT Mercer Island
YEAR BUILT 1960 COMMUNITY Mercer Island
COUNTY King STATUS Active
PROPERTY TYPE(S) Condo/Townhouse/Co-Op

PRICE HISTORY
Prior to Apr 28, '26 $425,000
Apr 28, '26 - Jul 17, '26 $415,000
Jul 17, '26 - Today $399,950


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
AMENITIES Earthquake Insurance, Sewer, Snow Removal, Trash, Water
APPLIANCES Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer, Water Heater
AREA 510 - Mercer Island
CONSTRUCTION Brick, Wood Siding
EXTERIOR Balcony
FIREPLACE Yes
HEAT Baseboard, Electric
HOA DUES 1070.7
INTERIOR Cooking-Electric, Dryer-Electric, Fireplace, Insulated Windows, Washer, Water Heater
LOT 0
LOT DESCRIPTION Curbs, Open Space, Paved, Sidewalk
MLS STATUS Active
PARKING Carport, Off Street
STORIES 1
STYLE 30 - Condo (1 Level)
SUBDIVISION Mercer Island
TAXES 2606
VIEW Yes
VIEW DESCRIPTION City, Territorial
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TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/1/26 4:18 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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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