41311 153rd Ave SE, Bellevue, WA 98006

$3,600,000
5,875
SqFt

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Listing courtesy of eXp Realty.

List Price
$3,600,000
Status
ACTIVE
MLS#
2534484
Days on Market
51
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
5,875
Area Total SqFt
5875
Annual Tax Ammount
12920
Lot Size (sq ft)
10,311
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-06-06 02:20:11
Community
Bellevue
Net Operating Income
$182,080
Gross Adjusted Income
$195,000
Gross Scheduled Income
$195,000
Total Monthly Income
$16,500
Insurance Expenses
$5,000
Gross Rent Multiplier
19.7
Total Expenses
$17,920
Cap Rate
5.4
Vacancy Rate
75
Total Number of Units
7
Unit Name
41311
Potential Terms
Cash, Conventional, FHA, State Bond, USDA Loan, VA Loan
Year Built
2003
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, Hot Tub/Spa, Outbuildings
Energy Source
Natural Gas
School District
Bellevue
Elementary School
Somerset Elem
Middle School
Tyee Mid
High School
Newport Snr High
Total Monthly Income
$16,500
Gross Scheduled Income
$195,000
Vacancy Rate
75
Gross Adjusted Income
$195,000
Tax Year
2025
Insurance Expense
$5,000
Total Expenses
$17,920
Net Operating Income
$182,080
Gross Rent Multiplier
19.7
Cap Rate
5.4
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.
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