22717 4th Avenue SE, Bothell, WA 98021

$760,000
1,560
SqFt

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Listing courtesy of Heaton Dainard, LLC. Selling Office: Real Broker LLC.

Sold Price
$760,000
List Price
$749,000
Status
SOLD
MLS#
2508794
Closing Date
May 20, 2026
Days on Market
3
Style
52 - Duplex
Finished SqFt
1,560
Area Total SqFt
1560
Annual Tax Ammount
5167
Lot Size (sq ft)
13,068
Sewer
Sewer Connected

Property Description

Investor and owner-occupant opportunity in a prime Bothell location! Located in the highly desirable North Shore School District, this well-maintained duplex offers the perfect blend of immediate income and future upside. One unit has been fully remodeled, featuring modern finishes, while the second unit remains mostly original and is occupied by long-term tenants, providing stable and consistent rental income. New roof 2025. Each unit enjoys fully fenced private backyards, creating a desirable living space, along with ample off-street parking for added convenience. Situated on a large lot, the property may offer future development potential - buyer to verify. Close to everyday amenities, including grocery stores, restaurants, and shopping, the property appeals to a wide range of residents. Commuters will appreciate the quick access to I-405, offering easy connectivity to Bellevue, Seattle, and surrounding employment centers. Whether you’re an investor seeking a turnkey addition to your portfolio or an owner-occupant looking to live in one unit while generating rental income from the other, this duplex presents an exceptional opportunity.

Additional Information

List Date
2026-05-17 00:00:00
Community
Canyon Park
Net Operating Income
$37,950
Gross Adjusted Income
$47,317
Gross Scheduled Income
$48,780
Total Monthly Income
$406,500
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$3,000
Gross Rent Multiplier
1.5
Total Expenses
$9,367
Cap Rate
5
Vacancy Rate
3
Total Number of Units
2
Unit Name
22717
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1989
Roof
Composition
Energy Source
Electric
School District
Northshore
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$406,500
Gross Scheduled Income
$48,780
Vacancy Rate
3
Gross Adjusted Income
$47,317
Tax Year
2025
Insurance Expense
$1,200
W/S/G Expenses
$3,000
Total Expenses
$9,367
Net Operating Income
$37,950
Gross Rent Multiplier
1.5
Cap Rate
5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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