Listing provided courtesy of Real Estate 2000 Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2456005
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Request Info303 Poppy RoadBothell, WA 98012
Multi-Family · 12,750 Sq. ft. | 4.55 Acres$4,199,900
Pending
303 Poppy Road Overview
- Visits:
- 19
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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303 Poppy Road Facts & Features
- Type Multi-Family
- Sq. ft. 12,750
- Price/Sq.ft. $329
- Lot 4.55 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Northshore
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Net Operating Income: 276883
- Total Expenses: 0
- Total Monthly Income: 362651
- Water/Sewer/Garbage: 0
Building Information
- New Construction: No
- Year Built: 1968
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 610 - Southeast Snohomish
- Subdivision Name: Canyon Park
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2025
General Information
- Listing Terms: Cash Out, Conventional
- Parcel Number: 00373000700101
- Possible Use: Residential
- Property Condition: Updated/Remodeled
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 12750
- Building Area Units: Square Feet
- Calculated Square Footage: 12750
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Heating: Yes
- Leasable Area: 12750
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 27
- Open Parking: Yes
- Parking Total: 27
- Parking Uncovered Spaces: 27
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 4.55
- Lot Size Square Feet: 198198
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 0
- Sewer: Sewer Connected
303 Poppy Road Neighborhood
Community
98012 (Bothell) Demographics
35
Median Age
4,568
Population Density (per sq. mile)
61%
College Educated
$118,544
Estimated Median Income
16,738
Estimated Total Home Owners
8,017
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.303 Poppy Road Monthly Cost
303 Poppy Road Market Data
Based on the last 30 days in this zip code
$1,044,339
Average List Price
$475
Average Price per Square Foot
62
Properties Sold
55
Average Days on Market
386
Properties for Sale
303 Poppy Road History
| Date | Value | Agent |
|---|---|---|
| 11/24/2025Source: NWMLS | Pending |
|
| 11/18/2025Source: NWMLS | November 18, 2025 |