Browse All 54 - 4-Plex Style Properties for Sale

The Bellevue Fourplex consists of four spacious two-bedroom, one-bathroom units averaging 1,038 square feet each, with a total net rentable area of 4,150 square feet on an 8,178 square foot lot. Each unit features in-unit washers and dryers, double-pane vinyl windows, and an attached garage, with tenants responsible for all utilities. The property has been meticulously maintained, including an approximately eight-year-old TPO membrane roof. Current rents average $2,168 per unit, while market rents are $2,500 per unit, presenting a new owner with immediate rental upside through light interior renovations. The property benefits from proximity to Kelsey Creek Center, a well-established neighborhood retail hub. Anchored by a mix of grocery, dining, and service-oriented tenants, the center enhances day-to-day livability and serves as a strong amenity for residents, supporting long-term tenant demand and overall appeal. Ideally located just minutes from Downtown Bellevue, T-Mobile headquarters, Microsoft’s Redmond campus, and with quick access to I-90 and I-405, the Bellevue Fourplex offers a compelling combination of location, in-place income, and rental upside in a market defined by limited supply and strong tenant demand.

16 147th Avenue SE, Bellevue

Listing Broker: Paragon Real Estate Advisors; Ben Douglas; ; Selling Office: Roopa Group.

$1,750,000

2469358 MLS ⋅ SOLD Status

New Price Improvement! Presenting an outstanding investment in Bellevue: 4-Plex, Fully Occupied, Prime Location in Southeast Bellevue! This Fairlake Community fourplex offers a unique chance for investors. Each unit includes a one-car garage, storage, & one additional parking spot. Sale includes a share (1/19) of an open lot in the Fairlake Community, with potential development value. HOA board has discussed converting garages into units for potential additional income. Recent updates include a newer roof and siding. Zoned in the Bellevue School District with easy access to I-90/I-405. Just minutes from Microsoft & Bellevue College. HOA manages lawn, tenants cover electricity and internet/cable. No sign on property; view by appointment with mutual.

101 147th Ave SE, Bellevue

Listing Broker: John L. Scott, Inc.; Hunter Gaston; ; Selling Office: Keller Williams Realty Bothell.

$1,955,000

2393221 MLS ⋅ SOLD Status

Largest Fourplexes in this Price Range – Fully Occupied, in the Heart of Bellevue! Each unit includes a one-car garage, storage, & one additional parking spot. Bathroom & kitchen update in unit 3. Sale includes a share (1/19) of an open lot in Fairlake Community, with potential development value. HOA board discussed converting garages into units for potential additional income. Newer roof and siding. Desirable location minutes from Microsoft & Bellevue College. Bellevue School District. HOA manages lawn, tenants cover electricity & internet/cable. No sign on property; view by appointment with earnest money. Opportunity to purchase both fourplex listings together for a comprehensive investment package.

27 147th Avenue SE, Bellevue

Listing Broker: John L. Scott, Inc.; Hunter Gaston; ; Selling Office: Keller Williams Realty Bothell.

$2,200,000

2307493 MLS ⋅ SOLD Status

Prime Investment Near Microsoft and Downtown Bellevue! this corner 4-plex is a fantastic opportunity for investors. Each unit features a functional and comfortable layout with numerous updates, providing a welcoming space for tenants. With six parking spots great back yard and much more! Proximity to all the conveniences of Bellevue, this property is perfectly positioned to attract quality renters looking for easy access to work, shopping, and entertainment. Don’t miss out on this exceptional Bellevue investment!

14526 NE 6th Place, Bellevue

Listing Broker: Skyline Properties, Inc.; Cyrus Khosravi; ; Selling Office: Kelly Right RE of Seattle LLC.

$2,765,000

2238299 MLS ⋅ SOLD Status

This rare opportunity sits on a large 20,897 square foot lot zoned R-10 on a quiet, residential street in one of the most desired cities in the Puget Sound area. The Bellevue Fourplex consists of two large three bedroom two and a half bath townhouse units and two large three bedroom two bath townhouse units ranging in size from 1,339 to 1,552 square feet. One of the four units has just undergone a complete renovation that highlights the upside potential for the other three units. These two-story units have private patios, fireplaces, and in-unit washer and dryer. The zoning presents the opportunity to develop four homes on the property with comparable homes trading around $2.3M each (buyer to verify).

1301 Bellevue Way SE, Bellevue

Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; ; Selling Office: Paragon Real Estate Advisors.

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Bellevue WA Fourplexes for Sale

Explore 4-unit investment properties in Bellevue using this page's original IDX search. Active, pending and sold results remain included with newest-first sorting; listings appear above this guide.

View Bellevue Fourplex Listings All Bellevue Multifamily

Buying a 4-Unit Property in Bellevue

Bellevue's Eastside employment base and neighborhood variety make location-specific rental comparisons important. Four-unit asking prices and expenses can differ sharply by building age, condition, and proximity to employment and transit.

Review parking, utility meters and any tenant-paid expenses; assess the building's access to I-405 and I-90 without assuming identical rents across Bellevue neighborhoods.

Verify the Rental Numbers

Request rent rolls, signed leases, deposits, vacancy records, taxes, insurance, utilities, repairs and capital reserves. Compare documented net operating income with projected income.

Confirm the Legal Unit Count

Check permits, zoning, occupancy, fire safety, parking and lender requirements. An MLS fourplex style label alone does not establish 4 legal dwellings.

Residential Multifamily vs. Commercial Apartments

Duplexes, triplexes and fourplexes have 2-4 units and commonly fit residential multifamily financing, subject to lender and property requirements. Buildings with 5 or more units are typically evaluated as commercial multifamily. Compare Bellevue triplexes or commercial apartment buildings.

Buyer and Seller Resources

Buying? Request a tailored Bellevue investment-property search by unit count, area and income goals. Selling? Request a property valuation informed by leases, comparable sales and condition.