14506 NE 6th Place, Bellevue, WA 98007
- $2,200,000
- 4,800
- SqFt
Listing courtesy of Paragon Real Estate Advisors.
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- 2517900
- Days on Market
- 83
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,800
- Area Total SqFt
- 4800
- Annual Tax Ammount
- 12191
- Lot Size (sq ft)
- 9,834
- Sewer
- Sewer Connected
Property Description
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.
Additional Information
- List Date
- 2026-05-04 17:27:17
- Community
- Crossroads
- Net Operating Income
- $88,679
- Gross Adjusted Income
- $117,360
- Gross Scheduled Income
- $117,360
- Total Monthly Income
- $9,780
- Insurance Expenses
- $3,057
- Water/Sewer/Garbage Expenses
- $5,820
- Gross Rent Multiplier
- 18.8
- Total Expenses
- $28,681
- Cap Rate
- 4.03
- Total Number of Units
- 4
- Unit Name
- 14506
- Potential Terms
- Cash, Conventional
- Year Built
- 1970
- Roof
- Flat
- Other Expenses
- 7613
- Energy Source
- Electric
- School District
- Bellevue
- Total Monthly Income
- $9,780
- Gross Scheduled Income
- $117,360
- Gross Adjusted Income
- $117,360
- Tax Year
- 2025
- Insurance Expense
- $3,057
- W/S/G Expenses
- $5,820
- Total Expenses
- $28,681
- Net Operating Income
- $88,679
- Gross Rent Multiplier
- 18.8
- Cap Rate
- 4.03
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.