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$1,875,000
2522417 MLS ⋅ PENDING Status
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 courtesy of Paragon Real Estate Advisors.

$2,200,000
2517900 MLS ⋅ ACTIVE Status
The Stoneridge Fourplex is located on a 9,834 SF Lot in a neighborhood that always has high rental demand and historically low vacancy rates. Every apartment features the amenities today’s renters want most, in-unit washer and dryer, smart and functional floor plans, and full kitchen appliance packages including dishwashers. Interiors blend original character with thoughtful updates completed over time, creating a solid foundation for value growth. The units are large, with an average size of 1,193 SF. The unit mix consists of 1 – 2BD/1BTH unit that is 995 SF, 2 – 2BD/1.5BTH units that are 1,220 SF and 1 – 3BD/2BTH unit that is 1,365 SF. The building has 4 secure garages along with 2 uncovered stalls allowing for ample parking and secure storage at the property for the tenants.

14506 NE 6th Place, Bellevue

Listing courtesy of Paragon Real Estate Advisors.

$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 courtesy of John L. Scott, Inc.. 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 courtesy of John L. Scott, Inc.. 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 courtesy of Skyline Properties, Inc.. 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 courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.

$2,150,000
2149029 MLS ⋅ SOLD Status
CASH INVESTORS - 1031 EXCHANGE BUYERS - Solid Investment Opportunity to Net $120,000 Year with this Well Maintained 4-Plex in Bellevue's Stoneridge Community. Units 1 & 2 have Two Story Townhouse Layout. Main Floor has Livingroom, Kitchen & Dining with Walk-Out to Patio & Yard, 1/2 Bath & Laundry with 2 Beds & Full Bath Upstairs. Unit-3 is Singe Story Floorplan, Features 3 Bed & 2 Bath, updated Floors, & Kitchen Counters, has Views of Yard from Kitchen & Dining. Unit-4 is Light & Bright 2 Bedroom, 1 Bath & Balcony has updated Flooring. All Units offer Spacious Bedrooms, Walk-in Closets, Washer/Dryer, Storage, 2 Car Parking, Carport & Driveway. Located in the Heart of Bellevue, close to Shopping, Microsoft, Downtown Bellevue, I-90, 405 & 520

14309 NE 7th Place Unit #1 - 4, Bellevue

Listing courtesy of Keller Williams Downtown Sea. Selling Office: Kelly Right RE of Seattle LLC.

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