303 Poppy Road, Bothell, WA 98012

Local realty services provided by:RSVP Brokers ERA
Listed by: david m. hilbert
Office: real estate 2000 inc.
MLS#:2456005
Source:NWMLS
303 Poppy Road,Bothell, WA 98012
$4,199,900
Virtual Tour
  • - Beds
  • - Baths
  • 12,750 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$4,199,900
  • Price per sq. ft.:$329.4

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!

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Home facts

  • Year built:1968
  • Listing ID #:2456005
  • Updated:December 17, 2025 at 10:43 PM

Rooms and interior

  • Living area:12,750 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1968
  • Building area:12,750 sq. ft.
  • Lot area:4.55 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,199,900
  • Price per sq. ft.:$329.4
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of December 18, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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