Property Details
41311 153rd Ave SE
Bellevue, WA 98006
$3,600,000
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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
