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Goldhouse Realty

kenny@goldhouserealty.com +1(253) 376-6410

Listed by:KW Greater Seattle • Ray Senn

$ 1,400,000

Est. payment | -/mo

8 Beds

8 Baths

3,904 SqFt

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$ 1,400,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

8 Baths

3,904 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,904 sqft

Price per Sqft $358

Subdivision 5 Corners

MLS Listing ID 2563665

Style 54 - 4-Plex

Bedrooms 8

Year Built 1986

Annual Tax Amount $9,717

Lot Size 10,454 Sqft

Lot Dimensions 80 x 130

Property Sub-Type Multi Family

Property Description

For the first time in over 20 years, this Edmonds fourplex is on the market. Tucked behind the street at the end of a private easement driveway, the property offers a setting rarely found this close to 5 Corners while remaining walkable to nearby shops and restaurants. Four matching 2x1.5 units at ~976sf each, with in-unit washer/dryers. Newer roof with added insulation and ventilation completed in 2021, carport roof replaced in 2023, full exterior repaint along with refreshed decks, railings, and new stair carpeting in 2024. This value add opportunity comes without a heavy lift, with major capital improvements already in place and no known deferred maintenance. Average rent per unit is $1,733/mo against a market average of ~$2,323/mo. The current ownership pays all water, sewer, and garbage expenses without any tenant utility bill back in place, and 8 parking spaces (4 covered) plus guest parking offer additional income potential.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Flooring See Remarks

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck, Fenced-Partially, High Speed Internet

View Y/N No

Roof Type Composition

Building

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Chase Lake Elem

Middle Schools College Pl Mid

High Schools Edmonds Woodway High

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://player.vimeo.com/video/1213977508

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

+1(253) 376-6410

kenny@goldhouserealty.com

1120 Pacific Ave., Tacoma, WA, 98402, USA

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8134 212th ST SW Edmonds, WA 98026