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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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    See hot listings in Bellevue

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bellevue, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Apartment Building with Renovated Units
    Apartment Building with Renovated Units

    324 6th Ave S, Kirkland, WA 98033

    $2,588,000
    3,850 sqft 0.23 AC lot

    Five-unit property with updated interiors, private balconies, in-unit laundry, storage lockers, and covered parking.

    View details
    Madison Park Multifamily Investment Opportunity
    Madison Park Multifamily Investment Opportunity

    633 33rd Ave E, Seattle, WA 98112

    $2,100,000
    5,400 sqft

    Classic five-unit property in coveted Madison Park neighborhood.

    View details
    Ravenna Apartments: Multifamily Investment Opportunity
    Ravenna Apartments: Multifamily Investment Opportunity

    4735 Ravenna Ave NE, Seattle, WA 98105

    $2,400,000

    Value-add multifamily investment property in Seattle's Ravenna neighborhood.

    View details
    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.

    View details

    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
    98006 $3.6M

    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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