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JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Bellevue.
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Sold

Listed by Hunter Gaston, John L. Scott, Inc. · Buyer brokerage: Keller Williams Realty Bothell

4,150
Square feet
$470
Per sq ft
Multi Family
Type
1969
Year built
8,149 sq ft
Lot
85
Days on market

About this property

New Price Improvement! Presenting an outstanding investment in Bellevue: 4-Plex, Fully Occupied, Prime Location in Southeast Bellevue! This Fairlake Community fourplex offers a unique chance for investors. Each unit includes a one-car garage, storage, & one additional parking spot. Sale includes a share (1/19) of an open lot in the Fairlake Community, with potential development value. HOA board has discussed converting garages into units for potential additional income. Recent updates include a newer roof and siding. Zoned in the Bellevue School District with easy access to I-90/I-405. Just minutes from Microsoft & Bellevue College. HOA manages lawn, tenants cover electricity and internet/cable. No sign on property; view by appointment with mutual.

Location & commute

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Directions

Property details

Listing details

Listing number
#2469358
Listed
January 16, 2026
Days on market
85
Price per sq ft
$470
Original list price
$2,050,000
Sold price
$1,750,000
Sold
May 19, 2026

Unit & building

Building
Fairlake
Stories in building
2
Units in building
4

Homeowners association

HOA dues
$1,700 annually

Parking

Covered spaces
4
Total spaces
8

Construction

Year built
1969
Style
54 - 4-Plex
Structure
Quadruplex
Roof
See Remarks

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileHardwoodCarpet

Lot

Lot features
Cul-De-SacCurbsPavedSidewalk
Lot size
8,149 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Bellevue
Sewer
City of Bellevue
Power
PSE

Schools

District
Bellevue
Elementary
Lake Hills Elem
Middle
Odle Mid
High
Sammamish Snr High

What stands out to you?

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  • Quadruplex
  • See Remarks
  • Baseboard
  • None
  • Electric
  • Ceramic Tile
  • Hardwood
  • Carpet
  • Cul-De-Sac
  • Curbs
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $2,050,000

    January 16, 2026

  2. Current price

    $1,750,000

  3. Sold

    $1,750,000

    May 19, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$10,333

Principal & interest
$8,849
Property tax (est.)
$1,342
HOA dues
$142

Assumes $350,000 down (20%), a $1,400,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 3, 2026 at 7:31 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.