14020 SE 8th Street, Bellevue, WA 98007
Local realty services provided by:RSVP Brokers ERA
Listed by: ben douglas, rowan davis
Office: paragon real estate advisors
MLS#:2527294
Source:NWMLS
14020 SE 8th Street,Bellevue, WA 98007
$3,250,000
- - Beds
- - Baths
- 5,364 sq. ft.
- Multi-family
- Active
Price summary
- Price:$3,250,000
- Price per sq. ft.:$605.89
About this home
Opportunity for seller financing for qualified buyers and buyers personally guaranteeing the loan. The terms are 30% down, 5% interest-only on a five-year term Built in 1987 and situated on a 13,500 square foot lot zoned R-20, the Bellevue 6-Unit consists of six spacious two-bedroom, two-bathroom units averaging 894 square feet each. Three of the six units have been fully renovated with modern finishes, and the three unrenovated units present a clearly defined path to value through targeted interior upgrades estimated at $30,000 per unit. The property includes 13 dedicated parking spaces, a highly sought-after amenity in the Eastside rental market, and tenants pay their own water and sewer, keeping utility expenses and management complexity low for the ownership. The property’s Eastgate location places residents within minutes of Bellevue College, the Eastgate Park and Ride, and Interstate 90. The Bellevue 6-Unit is positioned as a renovation value-add acquisition with an execution plan already partially underway. Renovated units are currently leased at $2,095 to $2,250 per month against a market rate of $2,600 per unit. The three unrenovated units are currently leased at an average of $1,990 per month and are expected to achieve $2,600 following renovation at an estimated cost of $30,000 per unit....
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Home facts
- Year built:1987
- Listing ID #:2527294
- Updated:June 15, 2026 at 11:06 AM
Rooms and interior
- Flooring:Laminate
- Living area:5,364 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1987
- Building area:5,364 sq. ft.
- Lot area:0.31 Acres
- Construction Materials:Wood Products Exterior Finish
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$605.89
- Tax amount:$14,615 (2026)
Parking
- Total parking spaces:13
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