Bothell, WA 98011 9608 NE 188th Street
$1,695,000
10 more
Presented By: Paragon Real Estate Advisors and NWMLS
- MLS# 2408609
- 07/16/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,696
Home Details
Well-located, value-add 4plex in the heart of Bothell! All 2BD/1.75BTH units with 1 currently vacant making it ideal for an owner/user. All units feature in-unit W/D, double-pane windows, dedicated storage and parking. There is operational value-add opportunity for a new owner to increase rents to market levels, implement utility bill-backs, and monetize storage and parking spaces. For investors seeking additional upside, there is renovation potential through cosmetic interior improvements. With its combination of steady in-place income, strategic location, and multiple avenues for growth, this Bothell Fourplex represents an attractive opportunity for both traditional investors and potential owner-occupants.
Presented By: Paragon Real Estate Advisors and NWMLS
Interior Features for 9608 NE 188th Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 9608 NE 188th Street
AmenitiesStorage
Building Area UnitsSquare Feet
Cap Rate5.45
Carport Spaces4
Carport Y/NNo
CityBothell
CoolingNone
CountyKing
DirectionsFrom 405N take exit 23 for WA 522 W. Right on Bothell Way NE. Left on 188th St. Property is on the left.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
High School DistrictNorthshore
Insurance Expense3575
Leasable Area3696
Listing TermsCash Out, Conventional
Lot Size Square Feet6851
Lot Size UnitsSquare Feet
MLS Area610 – Southeast Snohomish
ModificationTimestamp2025-09-26T21:26:10.769Z
NWM_ShowMapLinkY
Net Operating Income92355
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
PossessionClosing, Subject to Tenant Rights
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWell-located, value-add 4plex in the heart of Bothell! All 2BD/1.75BTH units with 1 currently vacant making it ideal for an owner/user. All units feature in-unit W/D, double-pane windows, dedicated stor
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameBothell
Tax Annual Amount11273
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water Sewer Garbage7533
Year Built1986
Exterior for 9608 NE 188th Street
Building Area Total3696
Covered Spaces
Exterior AmenitiesCement/Concrete, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.1573
Parking Uncovered Spaces4
Total Parking8
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®