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About this home
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 $89,288 and a 7.76% cap rate. Excellent opportunity to increase cash flow in Bothell's desirable rental market.
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Around this home
Schools
K - 12
Preschool & daycare
Maywood Hills Elementary School
Public PreK-5 • Assigned • 0.5mi
5/10
Canyon Park Junior High School
Public 6-8 • Assigned • 1.3mi
6/10
Bothell High School
Public 9-12 • Assigned • 0.9mi
9/10
Provided by GreatSchools
About Maywood-Beckstrom
Hill
Maywood-Beckstrom Hill, located between Downtown Bothell and the I-405 corridor, is a residential and hillside Bothell neighborhood with evergreen ravines and a patchwork of mid-century streets. The neighborhood’s character concentrates around the Bothell Everett Highway (WA-527) and 228th St SE, where coffee counters, small eateries, and everyday services set a steady, commuter-day rhythm. Housing leans toward 1960s–1980s ramblers and split-levels, with newer infill tucked along curving lanes. Maywood Hills Park and nearby trail links add a wooded backdrop for walks and weekend loops. McMenamins Anderson School, Bothell’s Main Street district, and the Bothell Farmers Market act as cultural anchors close by. The terrain and tree cover keep the atmosphere quiet even near the main arterials.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fireplace in each unit
Bedrooms
Eight bedrooms across four units, with two bedrooms per unit
Bathrooms
Four bathrooms across four units, with one bathroom per unit
Kitchen
Each unit has a range/oven and refrigerator
Laundry & utility
Washer and dryer in each unit
Flooring
Vinyl and carpet
Heating & cooling
Baseboard heating
No cooling
Exterior features
Partially fenced
Paved access and sidewalk
Home design
Two-story quadruplex
Parking
Four covered parking spaces
Four carport spaces
Four uncovered parking spaces
Security
Partially fenced
Construction
Built in 1958
Stone and wood construction materials
Flat roof
Foundation details not specified
Utilities
Electric energy source
Public water
Connected to sewer
HOA & community
Storage
Financial info
Four units
Gross scheduled income: $87,480
Gross adjusted income: $83,106
Total monthly income: $7,290
Net operating income: $63,296
Total expenses: $19,810
Insurance expense: $3,669
Gross rent multiplier: 13.15
Vacancy rate: 5%
Other
Fixer
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Electricity and solar
View estimated energy costs and solar savings for this home
The intent of residential zoning classifications (R 40,000, R 9,600, R 8,400, R 7,200, R 5,400d, R 5,400a, R 4,000, R 2,800, R-AC) is to provide locations for a range of densities and housing types to ensure a broad choice of attractive and affordable living accommodations to persons desiring to reside in Bothell. Residential zones may contain as outright permitted uses or conditional uses certain nonresidential uses which enhance the community including but not limited to schools, churches and parks.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Bothell, WA • 98011
Average low and high temperatures (°F)
47
36
48
37
53
41
61
43
67
48
73
53
78
56
79
59
74
55
60
45
52
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Bothell. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.3 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 10325 NE 187th St
$1,148,483
$1,517 under list price of $1.15M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $2.4M.