For sale Condo

Listed Mar 20, 2026

$379,950 Est. $2,513/mo

2500 81st Avenue Southeast #118

  • 2

    Beds

  • 1

    Baths

The story

Unit #118 at 2500 81st Avenue Southeast is a 2-bedroom, 1-bathroom, three-story condo in Mercer Island, WA, built in 1960. It is currently listed at $379,950, with a monthly HOA fee of $1,071. Highlights include city views and a fireplace.

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.

Facts & features

Home type

Condo

Year built

1960

Floors

3

HOA

$1,071 / monthly

Included features

  • Fireplace

    1 fireplace

  • Cooling

    Window Unit(s)

  • Heating

    Baseboard

  • Appliances

    Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s)

  • Flooring

    Vinyl Plank

  • Roof

    Flat, Torch Down

  • Lot Information

    Curbs, Open Space, Paved, Sidewalk

  • Exterior

    Brick, Wood Products

  • View

    City

Mortgage calculator

Estimated monthly payment

$2,513 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,022
  • Property tax $380
  • Insurance $111

Includes principal, interest, taxes & insurance.

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Listing Broker

Realogics Sotheby's Int'l Rlty

Broker Name

Realogics Sotheby's Int'l Rlty

Agent

Amy Thompson