Bellevue Multifamily Investment
14020 8th Street Bellevue, WA 98007
14020 8th Street, Bellevue, WA, 98007
$3,250,000
For Sale
$3,250,000
Six-unit property with renovation upside and seller financing.
Property Size5,364 SF
Lot Size0.31 Acres
Price / SF$605.89
Days on Market59
Property Features for 14020 8th Street
General Information
- Standard status
- Active
- Size
- 5,364 SF
- Lot size
- 0.31 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing Agency
PARAGON REAL ESTATE ADVISORS
Listed by
BRIAN PLATT
Source
Corcoran
Added: May 23 Updated: Jul 10 at 1:41 pm Checked: Jul 20 at 4:06 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PARAGON REAL ESTATE ADVISORS
Investment Insights
Based on property information with market context.
Built in 1987, this six-unit property is situated on a 13,500 square foot lot and zoned R-20. The property features six two-bedroom, two-bathroom units, each averaging 894 square feet. Three of the units have been fully renovated with modern finishes. The three unrenovated units present an opportunity for value through interior upgrades. The property includes 13 dedicated parking spaces. Tenants are responsible for their own water and sewer, which reduces utility expenses for the ownership. Seller financing is available for qualified buyers and buyers personally guaranteeing the loan, with terms of 30% down and 5% interest-only on a five-year term.
Key Highlights
- Opportunity for seller financing with attractive terms (30% down, 5% interest‑only).
- Six spacious two‑bedroom, two‑bathroom units averaging 894 square feet.
- Three fully renovated units offer immediate appeal and higher rental potential.
Property Analytics
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FAQs
What type of property is this?
Apartment building - Six-unit property with renovation upside and seller financing.
Where is this apartment building located?
The property is located at 14020 8th Street Bellevue, WA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Opportunity for seller financing with attractive terms (30% down, 5% interest‑only).; Six spacious two‑bedroom, two‑bathroom units averaging 894 square feet.; Three fully renovated units offer immediate appeal and higher rental potential.