11811 NE 128th St, Kirkland, WA 98034

Multifamily · Kirkland · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 188 reachable multifamily buildings in Kirkland. Larger than 98% of multifamily buildings in Kirkland (median 8,700 SF), derived from assessor records.

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Building size: 511,572 SF, King County Assessor
Lot size: 82,319 SF, King County Assessor
Year built: 2019, King County Assessor
Stories: 6, King County Assessor
Predominant use: 339 Units W/ Retail, King County Assessor
Units: 339, King County Assessor
Assessed value: $112,603,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $220.11/SF, derived from assessor records
Lot coverage: 621%, derived from assessor records
Vintage: 2010s vintage
Zoning: TL 1A, King County
County use code: Apartment(Mixed Use)
Construction (observed): metal, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): interior, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

11733 NE 131st Pl, Kirkland · 0.2 mi · 125,576 SF · built 1977 · assessed $395.81/SF
12233 NE 131st Way, Kirkland · 0.4 mi · 201,184 SF · built 1990 · assessed $317.52/SF
12410 NE Totem Lake Way, Kirkland · 0.4 mi · 125,363 SF · built 2023 · assessed $347.03/SF
12417 NE 129th Ct, Kirkland · 0.4 mi · 79,286 SF · built 1984 · assessed $289.18/SF
11135 NE 128th St, Kirkland · 0.4 mi · 4,812 SF · built 1992 · assessed $358.89/SF
11121 NE 128th St, Kirkland · 0.4 mi · 4,812 SF · built 1992 · assessed $358.89/SF

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Sale history and market context

MakeMe Estimate: $127,388,910 (estimated market value), with a likely range of $116,357,592 to $131,466,401 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $376K per unit at the midpoint (339 units).

Last sold: 2017-09-13 for $8,219,750 (recorded arm's-length sale).

Current ownership dates to 2017 (about 9 years) per recorded transfers.

2021-03-15: transfer from LMV Kirkland Holdings LP to Kirkland City of (non-market transfer), rec. 20210513001157

2017-09-13: $8,219,750 from Tambe LLC to LMV Kirkland Holdings LP, rec. 20170914000822

2007-10-26: $4,200,000 from F & M Holdings LLC to Tambe LLC, rec. 20071031001907

2001-05-24: transfer from F & M Partnership to F & M Holding LLC (non-market transfer), rec. 20010605000420

1999-08-27: $2,300,000 from Private party to Private party, rec. 19990831000153

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $119,156,069 (2022) to $112,603,100 (2026), down 5% over 4 years, per county tax rolls. The 2026 roll splits $112,603,100 into $0 land and $112,603,100 improvements.

Zoning: TL 1A (per King County)

Lot: 82,319 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 337,342 SF; Underground Parking Structure 150,078 SF; Parking Structure 18,240 SF; Retail Store 5,912 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-07-24: Electrical, declared value $800, permit EMF25-05668

2025-06-30: Electrical, declared value $18,700 (Screened), permit EMF25-04464

2023-12-13: Electrical, declared value $2,713 (Screened), permit ELV23-09500

2023-10-17: Sign, declared value $13,669 (Screened), permit SGN23-05906

2023-05-01: Electrical, declared value $9,500 (Screened), permit ELV23-03270

2023-04-06: Remodel, declared value $339,000 (Screened), permit BNR22-10000

2023-04-06: Other, declared value $81,000 (Screened), permit MMU23-00382

2023-04-06: Plumbing, declared value $60,000 (Screened), permit PNR23-00094

2023-03-21: Other, declared value $8,200 (Screened), permit FIR23-00167

2023-03-16: Electrical, declared value $40,000 (Screened), permit ENR23-00470

Source: King County permit records (newest first).