10325 NE 187th Street, Bothell, WA 98011 (MLS # 2602581)

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Listing provided courtesy of Northwest MLS<BR>Listing Broker: COMPASS; Erich Bubbel; 425-637-7777; [email protected]

PRICE $1,150,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 10,790 sqft
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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 PVC 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 $89,288 and a 7.76% cap rate. Excellent opportunity to increase cash flow in Bothell's desirable rental market.

LAST UPDATED 11/10/2026 TRACT Bothell
YEAR BUILT 1958 COMMUNITY Bothell
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 610 - Southeast Snohomish
CONSTRUCTION See Remarks, Stone
HEAT Baseboard, Electric
LOT 10790 sq ft
LOT DESCRIPTION Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 54 - 4-Plex
SUBDIVISION Bothell
TAXES 12269
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION See Remarks
WATER Public
ZONING Residential

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/11/26 5:05 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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