Bellevue/East of 405 Homes with 55 - 5-9 Units Style

Welcome to the enchanting neighborhood of Bellevue, located just east of Interstate 405 in the heart of King County, Washington. Known for its stunning natural beauty and vibrant community, Bellevue is a thriving city that perfectly blends urban conveniences with suburban charm. With breathtaking views of the Cascade Mountains and Lake Washington, this region offers a picturesque backdrop for your ideal home.

The Bellevue area boasts an impressive array of real estate options, particularly homes with 5-9 unit styles. These multi-family residences are perfect for those seeking a harmonious balance between community living and personal space. Whether you're looking for a cozy townhouse or a stylish condo, these homes provide a unique opportunity to invest in a dynamic neighborhood while enjoying the benefits of shared amenities and a close-knit environment.

Living in Bellevue means having access to top-rated schools, a diverse selection of dining and shopping options, and abundant recreational activities. The nearby Bellevue Downtown Park and the lush greenery of the region's many parks offer residents a chance to unwind and embrace the outdoors. Additionally, the area is known for its robust job market and proximity to major tech companies, making it a prime location for professionals and families alike.

As you explore Bellevue's real estate options, you’ll discover the charm and convenience of homes that cater to a variety of lifestyles. With its welcoming atmosphere and thriving community spirit, Bellevue is not just a place to live—it's a place to thrive. Come and experience the allure of this remarkable region!

Newest Bellevue/East of 405 Homes with 55 - 5-9 Units Style

$3,600,000

2534484 MLS ⋅ ACTIVE Status

Rare multi-family opportunity in Bellevue’s coveted 98006 zip code. This nearly 6,000-square-foot property features 11 bedrooms, 8.5 bathrooms, 3 kitchens, a private two-bedroom mother-in-law suite, and five studio-style units on the lower level. The flexible layout is ideal for multi-generational living, house hacking, or generating significant rental income. Located near Downtown Bellevue, major employers, shopping, dining, and Lake Sammamish, the property combines convenience with exceptional investment potential. short term rental for main house can exceed 650 a night, Opportunities of this size, income capability, and location are seldom available in Bellevue.

41311 153rd Ave SE, Bellevue

Listing courtesy of eXp Realty.

$3,250,000

2527294 MLS ⋅ ACTIVE Status

Opportunity for seller financing for qualified buyers and buyers personally guaranteeing the loan. The terms are 30% down, 5% interest-only on a five-year term Built in 1987 and situated on a 13,500 square foot lot zoned R-20, the Bellevue 6-Unit consists of six spacious two-bedroom, two-bathroom units averaging 894 square feet each. Three of the six units have been fully renovated with modern finishes, and the three unrenovated units present a clearly defined path to value through targeted interior upgrades estimated at $30,000 per unit. The property includes 13 dedicated parking spaces, a highly sought-after amenity in the Eastside rental market, and tenants pay their own water and sewer, keeping utility expenses and management complexity low for the ownership. The property’s Eastgate location places residents within minutes of Bellevue College, the Eastgate Park and Ride, and Interstate 90. The Bellevue 6-Unit is positioned as a renovation value-add acquisition with an execution plan already partially underway. Renovated units are currently leased at $2,095 to $2,250 per month against a market rate of $2,600 per unit. The three unrenovated units are currently leased at an average of $1,990 per month and are expected to achieve $2,600 following renovation at an estimated cost of $30,000 per unit.

14020 SE 8th Street, Bellevue

Listing courtesy of Paragon Real Estate Advisors.

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