$398,000
Est. $2,019/mo1 bd
3212 Se 81st #c203, Mercer Island, WA 98040
• Listed 2026-03-23•New today
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Based on information submitted to the MLS GRID as of June 1, 2026 at 9:44 AM PDT (date and time MLS GRID Data was obtained). 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.
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Effective Year Built: 1996. A well-maintained NE-facing corner unit in a prime commuter location—just minutes to I-90 and only a 12–15 minute walk (0.7–0.8 miles) to the new Mercer Island Light Rail Station, offering fast, car-free access to Seattle, Bellevue, South Lake Union, and major Eastside tech employers. This unmatched transit convenience drives strong rental demand, making the home an exceptional investment opportunity. The unit features granite counters, stainless appliances, an eating bar, and a private deck overlooking the pool and greenery. Quiet bedroom with minimal shared walls and peaceful views. Community amenities include a pool, sauna, clubhouse, BBQ area, secure entry, and elevator. One assigned parking space. Pet-friendly with no rental cap, providing excellent long-term flexibility for investors and owners alike.
Listed by Ann Shen • RSVP Brokers ERA
Listing updated: May 31, 2026 at 10:39am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2495739
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $3K and $696K.
$517,000Last sold price
3204 81st Place Se #b202, Mercer Island, WA 98040
$564,000Last sold price
3260 80th Avenue Se #1, Mercer Island, WA 98040
$3,000Last sold price
3236 80th Avenue Se #4, Mercer Island, WA 98040
7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.
$2,417 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Bev Watson · RE/MAX Eastside Brokers, Inc.
Mercer Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 25 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.