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Bellevue, WA Apartment Buildings for Sale

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Multifamily Development Site
Updated: Nov 5, 2025
Multifamily Development Site

3805 108th Ave NE, Bellevue, WA 98004

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12,575 sqft 1.37 AC lot
Corner parcel near the Cross Kirkland Corridor trail in a site surrounded by residential zonings.
Site area approx. 59,577 SF (1.37 acres) with max lot coverage of 18,468 SF.
Development concept feasibility for up to 27 dwelling units, with 2–3 bedroom suites.
Planned structure concept: 3 levels of flat units over enclosed parking, plus additional guest parking.
Existing building can be fully vacated by December 31, 2027.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Bellevue, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Construction Multifamily Apartment Building
New Construction Multifamily Apartment Building

6318 41ST, Unit A-F, Seattle, WA 98136

$4,500,000
8,664 sqft

New construction multifamily building with a rooftop deck and off-street parking with EV chargers.

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Kirkland Multifamily Property For Sale
Kirkland Multifamily Property For Sale

12607 119th St, Kirkland, WA 98034

$1,800,000
4,344 sqft

Multifamily property in Kirkland's Totem Lake neighborhood.

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Upscale Townhome Portfolio Near Hospital
Upscale Townhome Portfolio Near Hospital

4270 50th St, Seattle, WA 98105

$4,495,000
10,100 sqft

Five townhomes in prime location near Seattle Children’s Hospital.

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Kirkland Multifamily Property Near Marsh Park
Kirkland Multifamily Property Near Marsh Park

10150 64th St, Kirkland, WA 10150

$4,250,000

Six-unit property near downtown Kirkland with lake and mountain views.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Multi-Family Zoned Lot Near EWU
Multi-Family Zoned Lot Near EWU

7 5th Street, Cheney, WA 99004

$460,000
16,000 sqft 0.37 AC lot

16,000 sq ft multi-family zoned lot near Eastern Washington University.

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Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure
Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Bellevue, WA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Bellevue, WA on our real estate platform. These investment opportunities span a total of 12,575 square feet of properties for sale.

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Demographics Overview

Population 156K
Population Growth (5Y) +7.1%
Median Household Income $170,606
College Educated 75.7%

High-Yield Neighborhoods for Investment

Identify Bellevue submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98007 $3.3M

Taxes & Financing

Tax Rate (average for all types) 0.71%
Property Tax per SF $4.38 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Bellevue fall within the 25,000 to 50,000 square foot range.

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