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About the Listing 7086 - 142498,155963
Seller Financing is available for qualified buyers, with terms of 25% down, 5-year term, and 5% interest-only payments. 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.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
2522417
Year Built
1969
Total Square Footage
4,150
Lot/Acreage
0.19
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Zoning: Multi-Family
- Garage Capacity: 4 car
- Parking Spaces: 0
- Lot Dimensions: 8,178
- Zoning: Multi-Family
- Roof: Flat
- Others: Brick,Wood Products
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $12,454
- Taxes w/Assessments: N/A
- Tax/Property ID: 2460300180
- Tax Year: 2026
Payment Calculator
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16 147th Ave SE Bellevue, WA 98007
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