Listed by Patrick Riley • Paragon Real Estate Advisors. Bought with Paragon Real Estate Advisors.
Off Market Oct 2013 for $582K
$1,391,436
Est. refi paymentEst. refi$3,523/mo
—
bd
•
— ba
•
3,125
sq ft
18616 Reder Way, Bothell, WA 98011
About this home
This attractive Fourplex is located at the center of the Downtown Bothell redevelopment. Just one block away from Café Ladro and the proposed McMenamins site. With a Walk Score of 78 this, low maintenance, easy to operate, property is a GREAT OPPORTUNITY for an owner occupant or investor to take advantage of an emerging Urban Oriented Downtown Bothell and realize a solid investment.
Multi-familyProperty Type
1968Year Built
5,200 sq ftLot Size
$445Est. Price/Sq.Ft.
4 spacesParking
Listed by Patrick Riley• Paragon Real Estate Advisors
Listed by Dave Smith• Paragon Real Estate Advisors
Bought with Dave Smith• Paragon Real Estate Advisors
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
4,687 Sq. Ft.
Year renovated
1993
Sq. Ft.
6,480
Year built
1968
Style
Multi-Family (2-4 Unit)
County
King County
APN
097000 0130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Carpet
Multi-Family Financial Information
Insurance Expense: $1,434
Other Expense: $1,800
Net Operating Income: $27,841
Gross Adjusted Income: 40507
Gross Scheduled Income: $41,760
Total Monthly Income: 3480
Gross Rent Multiplier: 14
Total Expenses: 12666
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
Vacancy Rate: 3
# of Units (Total): 4
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood, Wood Products
Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Multi-Family
Lot Information
Lot Size Units: Square Feet
Lot Size Acres: 0.1194
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $5,626
Tax Year: 2013
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Not Disclosed
Utilities
Utility Information
Sewer: Sewer Connected
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 3806
Location
School Information
High School District: Northshore
Location Information
Directions: From I5 N take exit 175 toward WA523/NE 145th St. Slight Left on 5th Ave NE. Right on NE 145th St/WA523. Left on WA522. Left on Bothell Way NE/WA527. Right on Reder Way. Property is on the Left.
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,480
Stories: 2.0
Lot Size: 4,687 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 1993
County: King County
APN: 097000 0130
Home facts updated by county records on Jul 7, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, August 2, 2013
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3125
Building Area Total: 3125
Building Area Units: Square Feet
Structure Type: Quadruplex
Stories Total: 2
Around this home
Schools
Places
Transit
Maywood Hills Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
Canyon Park Junior High School
Public 6-8 • Assigned • 1.4mi
6/10
Bothell High School
Public 9-12 • Assigned • 0.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 16 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
79
56
78
58
72
55
60
46
52
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.32M – $1.60M
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