2500 81st AVE SE #329 Mercer Island, WA 98040 New

UPDATED: 07/03/2026 10:57 AM

$369,000

1 Bed1 Bath715 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 715 sqft

Price per Sqft $516

Subdivision Downtown

MLS Listing ID 2548493

Style 30 - Condo (1 Level)

Bedrooms 1

Full Baths 1

HOA Fees $770/mo

Year Built 1960

Annual Tax Amount $2,078

Property Sub-Type Condominium

Property Description

Rare opportunity on Mercer Island — a East facing one-bedroom with a private deck all within steps of the light rail station, Park & Ride and Downtown. The open living/dining space features hardwood-look plank flooring, a wall of windows, and seamless flow to the oversized deck. kitchen and bath. Building amenities include elevator, gated entry, laundry, and extra storage. The HOA includes water, sewer, trash, earthquake insurance, and grounds — two cell tower leases with Verizon and T-Mobile provide the association durable non-assessment revenue. Board actively managing capital projects including building repipe (engineering underway with J2 Consulting), new gutters, LED lighting upgrades, and elevator work recently completed. Walk Score 80 | Transit Score 82. Mercer Island schools. Bonus: No Rental Cap


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Based on information submitted to the MLS GRID as of 07/06/2026 16:57 PM. 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.