Listed by Real Estate 2000 Inc., Bought with Keller Williams North Seattle
NOT LISTED FOR SALE
-- Beds
-- Baths
12,750 Sq Ft
4.55 Acre Lot

Highlights

  • 4.55 Acre Lot
  • No HOA
  • Wood Siding
  • Cedar Wood Elementary School Rated A
  • Baseboard Heating

About This Home

Discover an exceptional investment opportunity tucked away in Bothell's desirable Canyon Park area. This property spans 4.55 acres and features 17 well maintained units. 2024 Proforma Gross Income Is $362,651, Net Income $276,767 And Cap Rate Of 6.6% with significant upside through rent increases. The unit mix is consisting of 1 three-bedroom unit, 8 two-bedroom units, and 8 one-bedroom units. The property also offers 27 parking spaces, coin-op laundry, and sits across five separate lots. Recent renovations in eight units and deck updates completed 4-5 years ago. 10-year-old roof. Zero current vacancies and below-market rents. Don't miss this chance to own a great income-producing apartment property with meaningful upside!

Last Agent to Sell the Property

Dave Hilbert

Real Estate 2000 Inc. License #11415 Listed on: 11/18/2025

Last Buyer's Agent

Kevin Fitzgerald

Keller Williams North Seattle License #25028336

Keller Williams North Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2456005

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 4.55 Acre Lot
  • 00373000700102,00373000700103,00373000700104,00373000700201

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 12,750 Sq Ft Home
  • 2-Story Property

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Canyon Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00373000700101

Property Details

Home Type

Multi-Family

Year Built

Built in 1968 | Remodeled

Lot Details

4.55 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1968
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 12750
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 00373000700101
  • Lot Size Acres: 4.55
  • Lot Size Sq Ft: 198198
  • Additional Parcels Description: 00373000700102,00373000700103,00373000700104,00373000700201
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Chicago Title
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 362651

Tax Info

  • Year: 2025

Multi Family

  • EnergySource: Electric
  • UnitsBelowGrade: true

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2025
Closed on
Mar 24, 2026
Sold by
Apex Commercial Investments Llc
Bought by
Seller's Agent
Dave Hilbert
Real Estate 2000 Inc.
Buyer's Agent
Kevin Fitzgerald
Keller Williams North Seattle
List Price
$4,199,900
Sold Price
$3,850,000
Premium/Discount to List
-$349,900
-8.33%
Views
12

Purchase Details

Closed on
Jun 30, 2005
Sold by
Hoelzle Mel B
Bought by
Apex Commercial Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.65%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,850,000 Chicago Title
Apex Commercial Investments Llc $925,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $350,000
Previous Owner Apex Commercial Investments Llc $575,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $19,890 $2,115,000 $579,500 $1,535,500
2025 $19,969 $2,088,000 $543,600 $1,544,400
2024 $19,969 $2,088,000 $543,600 $1,544,400
2023 $18,145 $2,076,000 $533,600 $1,542,400
2022 $17,654 $1,751,300 $481,800 $1,269,500
2020 $17,265 $1,440,000 $450,900 $989,100
2019 $12,570 $1,035,000 $296,800 $738,200
2018 $12,990 $988,000 $369,100 $618,900
2017 $11,150 $853,000 $250,900 $602,100
2016 $9,503 $763,000 $209,100 $553,900
2015 $8,855 $673,000 $198,600 $474,400
2013 $9,692 $655,000 $198,600 $456,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2456005

Northwest Multiple Listing Service (NWMLS)

APN: 00373000700101

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