Ellis Pond, Mercer Island Multi-Family Homes & Duplexes for Sale

Explore Similar Apartments Within 2 Miles of Ellis Pond, WA

/34
$750,000
- 4 Beds
- 2 Baths
- 1,670 Sq Ft
7414 Rainier Ave S, Seattle, WA 98118

Classic brick duplex in the heart of Brighton—ideal for investors or owner-occupants! Each side offers 2 beds, 1 bath, 835 sqft of finished space plus a spacious basement with laundry, plenty of storage, or a future rec room. Features include hardwood floors, large windows, roomy kitchens with eating nooks, and attached 1-car garages and driveway parking. LR3(M) zoning adds future development

Forrest Moody Redfin

7414 Rainier Ave S, Seattle, WA 98118
/11
$1,699,000
- 7 Beds
- 7 Baths
7410 Rainier Ave S, Seattle, WA 98118

Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have

Elena Karpova Torre Realty

7410 Rainier Ave S, Seattle, WA 98118
/18
$1,799,000
- 6 Beds
- 4 Baths
- 2,200 Sq Ft
2821 Bellevue Way SE, Bellevue, WA 98004

Opportunity abounds in Enatai! Developer’s dream 1⁄2 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

Tracy Treseder Windermere RE/Capitol Hill,Inc

2821 Bellevue Way SE, Bellevue, WA 98004
/12
$1,600,000
- 9 Beds
- 9 Baths
- 4,930 Sq Ft
7424 Rainier Ave S, Seattle, WA 98118

Separate tax ID's so can sell individually. Well located 3 units in rapidly improving area. Floor to ceiling windows throughout. Light filled great room with chef's kitchen, eating/breakfast bar. Comfortable, sensible, flexible floorplan. Primary bedroom on the third level offers a private retreat, rooftop deck plumbed for gas grill, features sweeping territorial views. Originally built as

Mike Fuchigami RE/MAX All City

7424 Rainier Ave S, Seattle, WA 98118

Washington King County Mercer Island Ellis Pond

Why Live in Ellis Pond

The Plateau neighborhood in Mercer Island features spacious lots with many ranch-style and Craftsman homes, primarily built in the 1960s and 1970s. The area is known for its tree-lined streets and mid-century architecture, with some properties offering great views that contribute to higher land values. Ellis Pond Park, with its boardwalk and certified wildlife habitat, is a local highlight, attracting bird watchers and nature enthusiasts. The indoor Mary Wayte pool offers public swimming lessons and party rentals, while Rotary Park provides picnic areas and green space for children to play. Although The Plateau is predominantly residential with no restaurants or shops within the neighborhood, nearby dining options include Vivienne’s Bistro, Homegrown, and La Fete Patisserie. Grocery needs can be met at Metropolitan Market Mercer Island and QFC. The Mercer Island Thrift Shop supports local youth and family services. Youth Theatre Northwest offers performing arts programs for kids and teens, fostering a strong community spirit. Public transportation is accessible via Island Crest Way, which connects to Interstate 90, making downtown Seattle 8 miles west and Bellevue less than 6 miles east. Seattle-Tacoma International Airport is under 20 miles away. The neighborhood is served by highly rated schools, including Island Park Elementary School, Islander Middle School, and Mercer Island High School, which offers a Running Start program for dual credits at Bellevue College. The crime rate in The Plateau is lower than the national average, contributing to its appeal for families.

Learn more about living in Ellis Pond

Home Trends in Ellis Pond, WA

On average, homes in Ellis Pond, Mercer Island sell after 11 days on the market compared to the national average of 52 days. The median sale price for homes in Ellis Pond, Mercer Island over the last 12 months is $2,155,000, down 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$2,155,000

Median Single Family Sale Price

$2,110,000

Average Price Per Sq Ft

$828

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.60

Median List Price

$2,000,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-6%

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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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID