303 Poppy Rd

Bothell, WA 98012

$4,199,900
Price
—
Beds
—
Baths
12,750 Sq. Ft.
$329 / Sq. Ft.
12,750
Sq. Ft.
$329
per Sq. Ft.
Pending
Pending
a view of a house with a patio
a car parked in front of a house
a view of street with parked cars
a view of a house with a patio
a car parked in front of a house
a view of backyard with a small cabin
a car parked in front of a house
a view of a car garage
a front view of a house with a garden
a car parked in front of a house
front view of a house with a street
a view of a car park in front of house
a car parked in front of a house
a house with a outdoor space
a car parked in front of a house
a car parked in front of a house
a front view of a house with parking space
a view of a house with a barbeque and wooden floor
a car parked in front of a house
a white car parked in front of a house
a house view with a outdoor space
Listing provided courtesy of Real Estate 2000 Inc.

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...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!

Property Details for 303 Poppy Road

Community Name
Canyon Park
School District
Northshore
Number of Assigned Spaces
27
Total Covered Parking
0
Entry Date
11-18-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/24/2025 08:41 AM

Property Details for 303 Poppy Road

StatusPending
MLS #2456005
Days on Market6
Cumulative Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size4.55 AC / 198,198 SF
CountySnohomish County

Location

Listing Courtesy of Real Estate 2000 Inc.
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Building Information for 303 Poppy Road

Stories2Residences-Year Built1968Building Size-Lot Size4.55 AC / 198,198 SF

Payment Calculator

$22,426 per month

30 year fixed, 6.28% Interest

Principal and Interest

$20,753

Property Taxes

$1,673

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 303 Poppy Road

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 610 - Southeast Snohomish
  • Directions: GPS Friendly
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 27.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Zoning Remarks: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 22
Lot Information
  • Lot Size Source: Chicago Title
  • Parcel Number Free Text: 00373000700101
  • Building Condition: Remodeled
  • Calculated Square Footage: 12750
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 12750.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 27
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 0
  • Units Below Grade: true
  • Units In Building Total: 17
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 0
  • Gross Adjusted Income: 362651
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $276,883
  • Other Expenses: $0
  • Total Monthly Income: 362651
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 12750.0

Property History for 303 Poppy Road

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Pending

NWMLS #2456005

—
Nov 18, 2025

Listed (Active)

NWMLS #2456005

$4,199,900—
DateEvent & SourcePrice
11/24/2025

Pending

NWMLS #2456005

—
11/18/2025

Listed (Active)

NWMLS #2456005

$4,199,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 303 Poppy Road

Taxable ValueLand$543,600Additions$1,544,400Total$2,088,000
Tax Record2025$20,074 ($1,673 / month)
Home Facts
Baths9Total Finished SqFt5,604 SqFtAbove Ground SqFt5,604 SqFtStories2Lot Size20,909 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968ZoningSSCountySNOHOMISHAPN00373000700101

Schools near 303 Poppy Road

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Cedar Wood Elementary School
Public - PK to 5
Heatherwood Middle School
Public - 6 to 8
Henry M. Jackson High School
Public - 9 to 12
Everett Reengagement Academy
Public - 9 to 12
Rating
School
Distance
Cedar Wood Elementary School
PublicPK to 5

Heatherwood Middle School
Public6 to 8

Henry M. Jackson High School
Public9 to 12

Everett Reengagement Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate 2000 Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 08:41 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.