Listed by Paragon Real Estate Advisors
$1,795,000

Estimated payment $10,767/month

Total Views 1,066
8 Beds
12 Baths
3,696 Sq Ft
$486 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet
  • Westhill Elementary School Rated A

About This Home

Well-located, value-add 4plex in the heart of Bothell! All 2BD/1.75BTH units with 1 currently vacant making it ideal for an owner/user. All units feature in-unit W/D, double-pane windows, dedicated storage and parking. There is operational value-add opportunity for a new owner to increase rents to market levels, implement utility bill-backs, and monetize storage and parking spaces. For investors seeking additional upside, there is renovation potential through cosmetic interior improvements. With its combination of steady in-place income, strategic location, and multiple avenues for growth, this Bothell Fourplex represents an attractive opportunity for both traditional investors and potential owner-occupants.

Listing Agent

Ben Douglas

Paragon Real Estate Advisors License #22013305 Listed on: 07/16/2025

Co-Listing Agent

Michael Urquhart

Paragon Real Estate Advisors License #135356

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2408609

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,273

Year Built

  • Built in 1986

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,696 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 12 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • 6,851 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0626059054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,273

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1986
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3696
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Concrete, Wood
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 7533

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 0626059054
  • Lot Size Acres: 0.1573
  • Lot Size Sq Ft: 6851
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.76
  • LeasedItems: None
  • TotalMonthlyIncome: 7975

Multi Family

  • Gross Scheduled Income: 95700
  • Net Operating Income: 71319
  • Number Of Units Total: 4
  • Insurance Expense: 3575
  • Leasable Area: 3696
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 11273

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $11,273 $1,177,000 $342,500 $834,500
2023 $10,777 $1,255,000 $342,500 $912,500
2022 $12,075 $1,227,000 $321,900 $905,100
2021 $13,058 $1,125,000 $308,200 $816,800
2020 $11,808 $1,125,000 $308,200 $816,800
2018 $8,863 $924,000 $232,900 $691,100
2017 $7,865 $780,000 $198,600 $581,400
2016 $6,662 $695,000 $184,900 $510,100
2015 $6,505 $596,000 $171,200 $424,800
2014 -- $564,000 $171,200 $392,800
2013 -- $564,000 $171,200 $392,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $1,795,000 -- $486 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Chicago Title
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 No Value Available
Closed $292,100 No Value Available
Closed $322,700 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2408609

Northwest Multiple Listing Service (NWMLS)

APN: 062605-9054