This study investigates the flexural behavior of reinforced concrete (RC) beams externally strengthened with bottom- and side-bonded carbon fiber-reinforced polymer (CFRP) sheets with variable steel ratio. The choice of applying the CFRP sheets in a bottom- or side-bonded configuration depends on the accessibility of the beam. This experimental investigation is aimed at studying and comparing the efficacy of bottom- and side-bonded CFRP sheets for flexural strengthening of RC beams with variable internal steel ratios. The effect of steel reinforcement ratio, and the number of CFRP plies are examined by testing 10 RC beams under a four-point bending configuration. The results in terms of load-deflection response, ultimate load-carrying capacity, failure modes, and ductility are studied and compared with control unstrengthened beams. The study revealed that side-bonded beams provided flexural capacity comparable to the bottom-bonded beams for both ratios of internal reinforcement used in the study. The study also showed that both strengthening configurations were more effective when the internal steel ratio was low. In terms of ductility, the side-bonded scheme provided ductility indices comparable to the bottom-bonded beams. The findings of this study confirm the feasibility of using side-bonded fiber-reinforced polymer (FRP) sheets as a strengthening technique for RC beams when the soffit of the beam is inaccessible.