101 147th Ave SE, Bellevue, WA 98007
- $1,750,000
- 4,150
- SqFt
Listing courtesy of John L. Scott, Inc.. Selling Office: Keller Williams Realty Bothell.
- Sold Price
- $1,750,000
- List Price
- $1,949,000
- Status
- SOLD
- MLS#
- 2469358
- Closing Date
- May 19, 2026
- Days on Market
- 85
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,150
- Area Total SqFt
- 4150
- Annual Tax Ammount
- 11055
- Lot Size (sq ft)
- 8,149
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- List Date
- 2026-02-23 00:00:00
- Community
- Bellevue
- Net Operating Income
- $88,480
- Gross Adjusted Income
- $111,960
- Gross Scheduled Income
- $111,960
- Total Monthly Income
- $9,330
- Insurance Expenses
- $3,100
- Water/Sewer/Garbage Expenses
- $7,825
- Gross Rent Multiplier
- 18.3
- Total Expenses
- $23,480
- Cap Rate
- 4.3
- Total Number of Units
- 4
- Unit Name
- 101
- Potential Terms
- Cash, Conventional
- Year Built
- 1969
- Roof
- See Remarks
- Other Expenses
- 1500
- Energy Source
- Electric
- School District
- Bellevue
- Elementary School
- Lake Hills Elem
- Middle School
- Odle Mid
- High School
- Sammamish Snr High
- Total Monthly Income
- $9,330
- Gross Scheduled Income
- $111,960
- Gross Adjusted Income
- $111,960
- Tax Year
- 2025
- Insurance Expense
- $3,100
- W/S/G Expenses
- $7,825
- Total Expenses
- $23,480
- Net Operating Income
- $88,480
- Gross Rent Multiplier
- 18.3
- Cap Rate
- 4.3
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.