Property Details
22717 4th Avenue SE
Bothell, WA 98021
$749,000
Pending
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Snohomish
Neighborhood
Canyon Park
Listed
Apr 17, 2026
Financial Summary
Cap Rate
5.00%
Net Operating Income
$37,950
Gross Scheduled Income
$48,780
Gross Rent Multiplier
1.50
Total Expenses
$9,367
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
1,560
Leasable Area
1,560 sqft
Total Units
2
Lot Size
13,068 sqft
Year Built
1989
Exterior & Lot
Lot Size
0.30 sqft
Year Built
1989
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood Products
Location
City
Bothell
County
Snohomish
Coordinates
47.79167, -122.22580
Additional Information
Tax Year
2025
Annual Taxes
$5,167
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
