2821 Bellevue Way SE Bellevue, WA 98004

$1,950,000
0.50
Acres
2,200
SQFT
886
$/SQFT
$1,950,000
2,200   sf
$886 / sf
Favorite

active
1/18
Street View

Opportunity abounds in Enatai! Developer’s dream ½ acre lot with potential to subdivide across the street from the new South Bellevue Light Rail Station. Current home has been converted into a 6 bedroom, 4 bath triplex. Lower unit is 2 BD, 1 BA. Middle unit is 3 BD, 2 BA. Upper unit is 1 BD, 1 BA. Parking available for 6 cars. Tenants in place paying $4,260 per month at 75% occupancy. Potential rent is $6,420 at 100% occupancy. Keep leases in place for rental income as you plan a new build or live in one unit while renting out the other two to help pay your mortgage.

Opportunity abounds in Enatai! Developer’s dream ½ acre lot with potential to subdivide across the street from the new South Bellevue Light Rail Station. Current home has been converted into a 6 bedroom, 4 bath triplex. Lower unit is 2 BD, 1 BA. Middle unit is 3 BD, 2 BA. Upper unit is 1 BD, 1 BA. Parking available for 6 cars. Tenants in place paying $4,260 per month at 75% occupancy. Potential rent is $6,420 at 100% occupancy. Keep leases in place for rental income as you plan a new build or live in one unit while renting out the other two to help pay your mortgage.

  • Neighborhood
  • Type
  • County
    King
  • Area
    520 - Bellevue/West of 405
  • Tax Amount
    $10,030
  • Status
    Active
  • Listing #
    2364881
  • Built
    1915
  • Lot Size
    0.50
  • Listed on site
    1 day

Listed by:
Windermere RE/Capitol Hill,Inc

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-04-26 11:07:13. DMCA
Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
Favorite

Tour This Home

Sat
26Apr
Sun
27Apr
Mon
28Apr
Tue
29Apr
Wed
30Apr
Thu
01May
Fri
02May
Sat
03May
Sun
04May
Mon
05May
Tue
06May
Wed
07May
Thu
08May
Fri
09May
in Person
via Video Call