Multifamily

Bellevue, WA Multifamily Properties 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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Bellevue, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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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New Construction Multifamily Property
New Construction Multifamily Property

A-f-6318 41st Ave Sw, Seattle, WA 98112

$4,500,000

Contemporary residence with rooftop deck, EV charging, and energy-conscious mechanical systems.

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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.

Wooded Lot with Existing Structure
Wooded Lot with Existing Structure

29445 SE 371st St, Enumclaw, WA 98022

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1,344 sqft 1.00 AC lot

One-acre wooded lot with potential for renovation or new construction.

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Off-Market Properties in Bellevue, WA

Consider similar Off-Market properties in Bellevue, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

600 124th NE Ave
BOARDING/ROOMING HOUSE

600 124th NE Ave, Bellevue, WA 98005-3123

$1,760,000
Estimated value
3,760 sqft 0.31 AC lot
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Bellevue, WA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Short term rental properties 1

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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