10617 Main St, Bellevue, WA 98004

Multifamily · Bellevue · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise residential, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 248 reachable multifamily buildings in Bellevue. Larger than 90% of multifamily buildings in Bellevue (median 35,076 SF), derived from assessor records.

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Building size: 245,026 SF, King County Assessor
Lot size: 49,211 SF, King County Assessor
Year built: 2018, King County Assessor
Stories: 5, King County Assessor
Predominant use: 165-Unit Mixed-Use Apt Bldg, King County Assessor
Units: 165, King County Assessor
Assessed value: $74,813,700, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $305.33/SF, derived from assessor records
Lot coverage: 498%, derived from assessor records
Vintage: 2010s vintage
Zoning: DT-MU, King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

10701 Main St, Bellevue · 0 mi · 84,007 SF · built 2011 · assessed $353.30/SF
10505 Main St, Bellevue · 0 mi · 369,861 SF · built 2014 · assessed $318.74/SF
10777 Main St, Bellevue · 0.1 mi · 163,621 SF · built 2019 · assessed $346.26/SF
10708 Main St, Bellevue · 0.1 mi · 111,256 SF · built 2003 · assessed $279.86/SF
125 108th Ave SE, Bellevue · 0.1 mi · 20,411 SF · built 1960 · assessed $286.46/SF
10333 Main St, Bellevue · 0.2 mi · 451,954 SF · built 2015 · assessed $289.11/SF

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Sale history and market context

MakeMe Estimate: $82,777,041 (estimated market value), with a likely range of $75,608,914 to $85,426,586 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $502K per unit at the midpoint (165 units).

Last sold: 2021-07-09 for $90,275,640 (recorded arm's-length sale).

Current ownership dates to 2021 (about 5 years) per recorded transfers.

2021-07-09: $90,275,640 from Alamo Manhattan Bellevue II LLC to Main Street Flats Owner LLC, rec. 20210709001939

2 administrative transfers (no consideration), 2017 to 2017

2015-09-14: $12,290,000 from Private party to Alamo Manhattan Bellevue II LLC (part of a 2-parcel sale; price is the whole deal), rec. 20150915001214

2005-10-04: $5,300,000 from 10697 Main ST Associates Limited Liability Company… to Par 5-10697 Main Street Development LLC (part of a 2-parcel sale; price is the whole deal), rec. 20051018001861

1999-08-25: $3,300,000 from Private party to 10697 Main ST Assoc LLC (part of a 2-parcel sale; price is the whole deal), rec. 19990831001205

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $3,598,700 (2011) to $74,813,700 (2026), up 1979% over 15 years, per county tax rolls. The 2026 roll splits $74,813,700 into $24,605,500 land and $50,208,200 improvements.

Zoning: DT-MU (per King County)

Lot: 49,211 sq ft

Rated views: Territorial

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 157,223 SF; Parking Structure 82,604 SF; Retail Store 5,199 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2023-06-09: Remodel, declared value $46,890 (Screened), permit 23 108939 BY

2022-01-06: Remodel, declared value $45,000 (Screened), permit 21 121281 BZ

2018-12-10: Other (Complete), permit 18 129526 CD

2017-05-22: Building, New, declared value $19,165,485 (Complete), permit 16126047

2017-05-22: Building, New, declared value $8,156,825 (Complete), permit 16135032

2017-05-22: Building, New, declared value $2,176,647 (Complete), permit 16135031

2017-05-22: Other, declared value $975,750 (Complete), permit 16148261

2014-08-01: Remodel, declared value $50,000 (Complete), permit 14130922

2014-06-26: Demolition (Complete), permit 14135706

2008-08-07: Remodel, declared value $45,000 (Complete), permit 08114297

Source: King County permit records (newest first).