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!
Pending
Listed by:
David M. Hilbert,
Real Estate 2000 Inc.
$4,199,900
303 Poppy Road, Bothell, WA 98012
--beds
--baths
12,750sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$4,139,100 Zestimate®
$329/sqft
$-- HOA
What's special
Coin-op laundry
- 22 days |
- 180 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 08:41am
Listed by:
David M. Hilbert,
Real Estate 2000 Inc.
Source: NWMLS,MLS#: 2456005
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 12,750
- Total interior livable area: 12,750 sqft
Property
Parking
- Total spaces: 27
- Parking features: Open
- Uncovered spaces: 27
Lot
- Size: 4.55 Acres
Details
- Parcel number: 00373000700101
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1968
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Canyon Park
Location
- Region: Bothell
Financial & listing details
- Price per square foot: $329/sqft
- Date on market: 11/17/2025
- Cumulative days on market: 24 days
- Listing terms: Cash Out,Conventional
Estimated market value
$4,139,100
$3.93M - $4.35M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Pending sale | $4,199,900$329/sqft |
Source: | ||
| 11/19/2025 | Listed for sale | $4,199,900$329/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$24,658/mo
Principal & interest
$20633
Property taxes
$2555
Home insurance
$1470
Climate risks
Neighborhood: 98012
Nearby schools
GreatSchools rating
- 9/10Cedar Wood Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 7/10Heatherwood Middle SchoolGrades: 6-8Distance: 3.2 mi
- 9/10Henry M. Jackson High SchoolGrades: 9-12Distance: 3.3 mi
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