Listed by Rhino Roz Realty
$1,890,000

7228 NE Bothell Way Kenmore, WA 98028

Downtown Kenmore Neighborhood

Estimated payment $11,734/month

Total Views 9,779
-- Bed
-- Bath
3,054 Sq Ft
$619 Price per Sq Ft

Highlights

  • 0.53 Acre Lot
  • Softwood Flooring
  • Forced Air Heating System
  • Kenmore Elementary School Rated A-
  • No HOA
  • Wood Siding

About This Home

Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is $24,000 per door.

Listing Agent

Amy Towillis

Rhino Roz Realty License #73894

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2320892

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,455

Year Built

  • Built in 1938

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 94x247
  • Value in Land

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 15 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association
  • Kenmore Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 12
  • Assessor Parcel Number 0114100673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,455

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1938
  • Buyer Agency Compensation: 2
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3054
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 279

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential, Retail, See Remarks
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 11
  • Open Parking: Yes
  • Total Parking Spaces: 15
  • ParkingUncoveredSpaces: 11

Utilities

  • Sewer: Sewer Connected
  • Water Source: Individual Well, Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 3883

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 0114100673
  • Lot Size Acres: 0.532
  • Lot Size: 94x247
  • Lot Size Sq Ft: 23172
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,Residential,Retail,See Remarks
  • LotNumber: 12

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 8435

Multi Family

  • Gross Scheduled Income: 101220
  • Number Of Units Total: 6
  • Electric Expense: 368
  • Insurance Expense: 4943
  • Leasable Area: 3054
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 14455
  • AdditionalTaxIds: 0114100673

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $1,890,000 -- $619 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2320892

Northwest Multiple Listing Service (NWMLS)

Washington King County Kenmore 98028 Downtown Kenmore

7228 NE Bothell Way, Kenmore, WA

Homes for Sale in Kenmore, WA

This home is located at 7228 NE Bothell Way, Kenmore, WA 98028 and is currently priced at $1,890,000, approximately $618 per square foot. This property was built in 1938. 7228 NE Bothell Way is a home located in King County with nearby schools including Kenmore Elementary School, Kenmore Middle School, and Inglemoor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.

Amy Towillis
Listing Agent
Amy Towillis
Section Image
Rhino Roz Realty
(425) 842-3309