Listed by Christopher Gough • The Preview Group. Bought with WPI Real Estate Services, Inc.
Off Market Jul 2021 for $1.3M
$1,468,628
Est. refi paymentEst. refi$1,178/mo
—
bd
•
— ba
•
3,240
sq ft
2526 196th St SE, Bothell, WA 98012
About this home
Very rare and even better shape is this remarkable 4 Plex on the edge of Mill Creek and Bothell. Shy half acre, completely renovated, newer roof, landscaping, painting interior upgrades Etc. Each unit has a private/patio, great layouts, exceptional location vacancy rate is zero. Income producing laundry facility on site that brings shy of $1000 per year, each unit has private parking & a storage unit. PLUS RV, Boat and Extra parking fully fenced for additional income or private use. Surrounded by new construction and rents can be increased as loyal tenants all on leases would LOVE to stay because of its ease to Freeways, townships, shopping, Etc. Zoned LDMR this perfect. PLEASE do NOT bother the current tenants! This complex is a Nest egg.
Multi-familyProperty Type
1984Year Built
0.41 acresLot Size
$453Est. Price/Sq.Ft.
8 spacesParking
Listed by Christopher Gough• The Preview Group
Bought with Jane Nipius• WPI Real Estate Services, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
3,240
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Snohomish County
APN
00703800000100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 2026.
LDMR
Low-Density Multiple Residential Zone
The intent and function of the Low-Density Multiple Residential zone is to provide a variety of low-density, multifamily housing including townhouses, multifamily structures, and attached or detached homes on small lots
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 20
Parking Features: RV Parking
Open Parking Spaces: 20
Has Open Parking
Interior
Virtual Tour
Interior Features
Interior Features: Forced Air, Wall to Wall Carpet
Flooring: See Remarks, Vinyl, Carpet
Multi-Family Financial Information
Electric Expense: $450
Insurance Expense: $2,760
Net Operating Income: $57,266
Gross Adjusted Income: 57266
Gross Scheduled Income: $71,835
Total Monthly Income: 5985
Gross Rent Multiplier: 21
Total Expenses: 14569
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: title
Site Features: Deck,Fenced-Partially,High Speed Internet,Patio,RV Parking
Zoning Jurisdiction: City
Lot Features: Paved, Secluded
Lot Size Units: Square Feet
Lot Size Acres: 0.41
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $7,759
Tax Year: 2020
Financial Information
Listing Terms: Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Private
Water Company: City of Bothell
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: PUD
Utilities: High Speed Internet, Sewer Connected, Electric
Water Sewer Garbage: 3600
Location
School Information
Elementary School: Crystal Springs Elem
Middle Or Junior High School: Skyview Middle School
High School: North Creek High School
High School District: Northshore
Location Information
Directions: Bothell Everett Hwy take 196th St SE. Complex is up on the right
Community Information
Amenities: Coin Op Laundry,Storage,Thermal Windows
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,240
Stories: 1.0
Lot Size: 0.41 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: —
County: Snohomish County
APN: 00703800000100
Home facts updated by county records on Jun 12, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, May 7, 2021
Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3240
Building Area Total: 3240
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Forest Villa II
Year Built Effective: 2020
Effective Year Built Source: See Remarks
Structure Type: Quadruplex
Stories Total: 1
Around this home
Schools
Canyon Creek Elementary School
Public PreK-5 • Assigned • 1.2mi
9/10
Skyview Middle School
Public 6-8 • Assigned • 1.2mi
8/10
North Creek High School
Public 9-12 • Assigned • 0.8mi
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 85° 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 • 98012
Average low and high temperatures (°F)
46
35
47
36
52
40
60
42
66
47
72
52
77
55
77
58
70
53
59
45
50
41
47
39
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
$1.40M – $1.69M
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