9608 NE 188th St

Bothell, WA 98011

$1,695,000
Price
8
Beds
7
Baths
3,696 Sq. Ft.
$459 / Sq. Ft.
3,696
Sq. Ft.
$459
per Sq. Ft.
Listing provided courtesy of Paragon Real Estate Advisors

Description

Well-located, value-add 4plex in the heart of Bothell! All 2BD/1.75BTH units with 1 currently vacant making it ideal for an owner/user. All units feature in-unit W/D, double-pane windows, dedicated storage and parking. There is operational value-add opportunity for a new owner to increase rents to market levels, implement utility bill-backs, and monetize storage and parking spaces. For investors seeking additional upside, there is renovation potential through cosmetic interior improvements. With...Well-located, value-add 4plex in the heart of Bothell! All 2BD/1.75BTH units with 1 currently vacant making it ideal for an owner/user. All units feature in-unit W/D, double-pane windows, dedicated storage and parking. There is operational value-add opportunity for a new owner to increase rents to market levels, implement utility bill-backs, and monetize storage and parking spaces. For investors seeking additional upside, there is renovation potential through cosmetic interior improvements. With its combination of steady in-place income, strategic location, and multiple avenues for growth, this Bothell Fourplex represents an attractive opportunity for both traditional investors and potential owner-occupants.
  1. Listed by Ben Douglas • Paragon Real Estate Advisors
  2. Listed by Michael Urquhart • Paragon Real Estate Advisors

Property Details for 9608 Northeast 188th Street

Community Name
Bothell
School District
Northshore
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
07-16-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/19/2025 09:13 AM

Property Details for 9608 Northeast 188th Street

StatusActive
MLS #2408609
Days on Market143
Cumulative Days on Market143
Taxes$11,273 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.16 AC / 6,851 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors
Add your commute

Building Information for 9608 Northeast 188th Street

Stories3Residences4Year Built1986Building Size-Lot Size0.16 AC / 6,851 SF

Payment Calculator

$9,315 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,376

Property Taxes

$939

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9608 Northeast 188th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 610 - Southeast Snohomish
  • Directions: From 405N take exit 23 for WA 522 W. Right on Bothell Way NE. Left on 188th St. Property is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
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
  • Floor Covering: Laminate, Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Cement/Concrete, Wood Products
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 7533
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 15
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0626059054
  • Calculated Square Footage: 3696
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3696.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 24381
  • Gross Adjusted Income: 116736
  • Gross Rent Multiplier: 13.79
  • Gross Scheduled Income: $122,880
  • Insurance Expense: $3,575
  • Net Operating Income: $92,355
  • Other Expenses: $2,000
  • Total Monthly Income: 10240
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 201
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 924
  • Rent Unit 1: $2,350.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 101
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 924
  • Rent Unit 2: $2,350.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 301
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 924
  • Rent Unit 3: $2,350.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 202
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 924
  • Rent Unit 4: $2,350.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3696.0

Property History for 9608 Northeast 188th Street

DateEvent & SourcePriceAppreciation
Aug 18, 2025

Price Change

NWMLS #2408609

$1,695,000—
Jul 16, 2025

Listed (Active)

NWMLS #2408609

$1,795,000—
Dec 8, 2003

Sold (Public Record)

Public Record #125171582

$430,000—
DateEvent & SourcePrice
08/18/2025

Price Change

NWMLS #2408609

$1,695,000
07/16/2025

Listed (Active)

NWMLS #2408609

$1,795,000
12/08/2003

Sold (Public Record)

Public Record #125171582

$430,000

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

Public Records for 9608 Northeast 188th Street

Taxable ValueLand$342,500Additions$834,500Total$1,177,000
Tax Record2024$12,395 ($1,033 / month)
Home Facts
Total Finished SqFt3,696 SqFtAbove Ground SqFt3,696 SqFtStories2Lot Size6,851 SqFtStyleMulti-Family Dwelling (2-4)Year Built1986Year Renovated2001ZoningGDCCountyKINGAPN062605-9054Fireplace TypeHas Fireplace

Schools near 9608 Northeast 188th Street

This home is within Northshore School District.
Rating
School
Type
Grades
Distance
Westhill Elementary School
Public - PK to 5
Canyon Park Jr High School
Public - 6 to 8
Bothell High School
Public - 9 to 12
Northshore Online School
Public - 9 to 12
Rating
School
Distance
Westhill Elementary School
PublicPK to 5

Canyon Park Jr High School
Public6 to 8

Bothell High School
Public9 to 12

Northshore Online School
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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More information about 9608 Northeast 188th Street, Bothell, WA 98011

9608 Northeast 188th Street is a multi-family home for sale in Bothell, WA 98011. This property was listed for sale on July 16, 2025 by Paragon Real Estate Advisors, it's currently listed at $1,695,000. It has been on the market for a total of 143 days and was last sold on December 8, 2003. This listing's school district is Northshore School District. Nearby schools include Westhill Elementary School, Canyon Park Jr High School and Bothell High School. 9608 Northeast 188th Street is a 8-bed, 7-bath, 3,696 sqft multi-family home built in 1986.

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 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 Paragon Real Estate Advisors

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/06/2025 03:02 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.