COMPASS, Erich Bubbel, 206-399-3285, erich@investmentsalesgrp.com
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Bothell 4-unit multifamily value-add opportunity. The property features four spacious 2BD/1BA units, each approximately 1,015 SF with in-unit W/D, wood burning fireplaces and dedicated storage. Upper units feature a large shared deck. Additional highlights include a recently replaced TPO roof, large storage shed, and 10,791 SF lot, 4 carport parking spaces with enough space to fit 8 cars on the lot. Unit 3 is currently vacant, and Unit 4 is owner-occupied, offering immediate flexibility for investors or owner-users. Significant rental upside with renovated market rents projected at $2,250/unit. Current NOI of $63,296 reflects a 5.50% cap rate, with pro forma NOI of $8...9,288 and a 7.76% cap rate. Excellent opportunity to increase cash flow in Bothell's desirable rental market.

Northwest Multiple Listing Service, MLS#: 2602581

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Construction Materials

  • See Remarks
  • Stone
  • Wood

Cooling

  • None

Exterior Features

  • See Remarks
  • Stone
  • Wood Products

Flooring

  • Vinyl
  • Carpet

Foundation Details

  • See Remarks

Heating

  • Baseboard

Lot Features

  • Paved
  • Sidewalk

Power Production Type

  • Electric

Property Condition

  • Fixer

Roof

  • Flat

Security Features

  • Partially Fenced

Sewer

  • Sewer Connected

Structure Type

  • Quadruplex

View

  • See Remarks

WaterSource

  • Public
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Listed By:
COMPASS
Erich Bubbel, 206-399-3285, erich@investmentsalesgrp.com

Data Source: Northwest Multiple Listing Service

MLS#: 2602581

Data Source Copyright: © 2026 Northwest Multiple Listing Service All rights reserved.

© 2026 Provided by Northwest Multiple Listing Service

This property was listed on 11/10/2026 and last updated as of 11/10/2026 6:58:15 PM. OSI IDX updated the data from Northwest Multiple Listing Service on 11/10/2026 at 10:58 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.