Listed by David M. Hilbert, Real Estate 2000 Inc., (425) 670-2000
303 Poppy Road
Bothell, WA 98012
- Studio
- 12,750 sqft (on 4.55 acres)
Studio
12,750 sqft
(on 4.55 acres)
Local Information
© Google
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Description
Discover an exceptional investment opportunity tucked away in Bothell's desirable Canyon Park area. This property spans 4.55 acres and features 17 well maintained units. 2024 Proforma Gross Income Is $362,651, Net Income $276,767 And Cap Rate Of 6.6% with significant upside through rent increases. The unit mix is consisting of 1 three-bedroom unit, 8 two-bedroom units, and 8 one-bedroom units. The property also offers 27 parking spaces, coin-op laundry, and sits across five separate lots. Recent renovations in eight units and deck updates completed 4-5 years ago. 10-year-old roof. Zero current vacancies and below-market rents. Don't miss this chance to own a great income-producing apartment property with meaningful upside!
Home Highlights
Parking
27 Open Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$329
Listed
180 days ago
Last check for updates: about 16 hours ago
Listing courtesy of David M. Hilbert
Real Estate 2000 Inc.
Source: NWMLS as distributed by MLS GRID, MLS#2456005

Home Details for 303 Poppy Road
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MLS Status: Pending |
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Dimensions and Layout Living Area: 12750 Square Feet |
Heating & Cooling Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Number of Stories: 2 |
View No View |
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Exterior Home Features Roof: Composition |
Parking & Garage Open Parking Spaces: 27No CarportHas Open ParkingParking Spaces: 27Parking: Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 29Days on Market: 180 |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: 10+ Units |
Building Construction Materials: Wood Siding |
Property Information Condition: Updated/RemodeledUsage of Home: ResidentialParcel Number: 00373000700101 |
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Price List Price: $4,199,900Price Per Sqft: $329 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: BothellCommunity: Canyon Park |
School Information High School District: Northshore |
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Listing Agent Listing ID: 2456005 |
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Building Area Building Area: 12750 Square Feet |
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Not Senior CommunityUnits in Building: 17 |
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HOA Fee: No HOA Fee |
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Lot Area: 4.55 Acres |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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Mls Number: 2456005Offer Review: Seller intends to review offers upon receiptShowing Requirements: Call Listing Office |
Price History for 303 Poppy Road
| Date | Price | Event | Source |
|---|---|---|---|
| 11/24/2025 | $4,199,900 | Pending | NWMLS as distributed by MLS GRID #2456005 |
| 11/19/2025 | $4,199,900 | Listed For Sale | NWMLS as distributed by MLS GRID #2456005 |
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Comparable Sales for 303 Poppy Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $1,125,000 | 03/17/26 | 6 | 6 | 2,728 | |
0.88 | Multi-Family Home | $1,200,000 | 11/25/25 | 6 | 6 | 3,551 | |
1.03 | Multi-Family Home | $925,000 | 09/11/25 | 4 | 4 | 2,024 | |
1.77 | Multi-Family Home | $1,100,000 | 01/15/26 | 4 | 4 | 3,720 | |
2.49 | Multi-Family Home | $650,000 | 10/10/25 | 4 | 2 | 1,610 |
Assigned Schools
These are the assigned schools for 303 Poppy Road.
What Locals Say about Bothell
At least 398 Trulia users voted on each feature.
91 % Say it's dog friendly
89 % Say car is needed
83 % Say parking is easy
77 % Say there's holiday spirit
76 % Say there are sidewalks
74 % Say yards are well-kept
72 % Say kids play outside
70 % Say people would walk alone at night
64 % Say streets are well-lit
63 % Say it's quiet
54 % Say there's wildlife
51 % Say neighbors are friendly
49 % Say it's walkable to grocery stores
49 % Say they plan to stay for at least 5 years
46 % Say it's walkable to restaurants
32 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David M. Hilbert, Real Estate 2000 Inc.

Based on information submitted to the MLS GRID as of 2026-05-17 04:44:15 PDT. 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
303 Poppy Road, Bothell, WA 98012 is a studio, 12,750 sqft multi-family built in 1968. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Nov 19, 2025. The MLS # for this home is MLS# 2456005.

