Bellevue Homes with 55 - 5-9 Units Style

Welcome to Bellevue, Washington, a vibrant city nestled across Lake Washington from Seattle, renowned for its stunning natural beauty and thriving urban atmosphere. With its lush parks, picturesque waterfront, and a backdrop of the majestic Cascade Mountains, Bellevue offers a unique blend of outdoor adventure and modern living. The city is celebrated for its strong economy, excellent schools, and a diverse community, making it an ideal place for families and professionals alike.

When it comes to real estate, Bellevue shines with a variety of housing options, including charming homes that feature 5-9 units. These multi-family residences provide a perfect opportunity for those seeking a balance between community living and privacy. Whether you're an investor looking to expand your portfolio or a homeowner desiring a multi-generational living arrangement, these homes offer flexibility and comfort.

Living in a 5-9 unit home in Bellevue means being part of a close-knit community while enjoying the convenience of urban amenities. Residents have easy access to an array of shopping, dining, and entertainment options, from upscale boutiques to delightful local eateries. The city’s excellent public transportation system makes commuting a breeze, connecting you to the bustling energy of Seattle and beyond.

Moreover, Bellevue is home to several beautiful parks, including the expansive Bellevue Downtown Park and the serene Mercer Slough Nature Park, perfect for outdoor enthusiasts. With its welcoming neighborhoods and a strong sense of community, Bellevue is not just a place to live; it’s a place to thrive. Discover your dream home in this remarkable city today!

Newest Bellevue 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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