Property Details

41311 153rd Ave SE
Bellevue, WA 98006
$3,600,000
MLS# 2534484 courtesy of NWMLS Listing firm: eXp Realty

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41311 153rd Ave SE , Bellevue, WA 98006, Bellevue

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41311 153rd Ave SE , Bellevue, WA 98006, Bellevue

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Multi-Family
Property Type
5,875
Bldg Sq Ft
7
Units
5.40%
Cap Rate
2003
Year Built

Property Overview

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.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Bellevue
Listed Jun 5, 2026
Structure Type Multi Family
Parcel Number 22015004201

Tax & HOA

Annual Property Tax $12,920 (2025)
Est. Monthly Tax $1,077/mo

Financial Summary

Cap Rate 5.40%
Net Operating Income $182,080
Gross Scheduled Income $195,000
Gross Rent Multiplier 19.70
Total Expenses $17,920
Vacancy Rate 75.0%

Building & Use

Building Sq Ft 5,875
Leasable Area 5,875 sqft
Total Units 7
Zoning Commercial,Residential
Possible Use Commercial, Residential
Lot Size 10,311 sqft
Year Built 2003

Exterior & Lot

Lot Size 0.24 sqft
Year Built 2003
Garage 2 spaces
Exterior Materials Stucco
Sewer Sewer Connected
Exterior Features Stucco

Community & Access

Directions gps correct

Location

City Bellevue
County King
Coordinates 47.57208, -122.13664

Additional Information

Tax Year 2025
Annual Taxes $12,920
Possession Array
Listed By
Maxwell Andrew Donaldson
eXp Realty

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