$1,995,000
16 147th Avenue SE, Bellevue, WA 98007
4,150 Sq Ft
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16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007
16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007 16 147th Avenue SE, Bellevue, WA 98007

MLS #2522417 / Listing provided by NWMLS & Paragon Real Estate Advisors.

$1,995,000

16 147th Avenue SE
Bellevue, WA 98007

Active 1 day ago
4,150
Sq Ft
$481
Per Sq Ft
1969
Year Built

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.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 4
  • Parking Total: 0
  • Total Uncovered Parking Spaces: 0

Structure

  • Roof: Flat
  • Exterior Features: Brick, Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Acres: 0.1877
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Bellevue

Lot Details

  • Acres: 0.1877
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 0
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