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JRJeff ReynoldsCompass · Seattle

Listed by Gabe Blake, Blake Investment Advisors

Multi Family
Type
1978
Year built
10,018 sq ft
Lot
7
Days on market

About this property

The Picnic Point Fourplex is a rare 4-unit multifamily property, located just steps from the Picnic Point neighborhood in Edmonds, an affluent residential enclave known for its multimillion-dollar homes and bluff-top Puget Sound views. The property has been meticulously maintained by current ownership and features a desirable unit mix of four spacious two-bedroom, one-and-a-half-bathroom floor plans, each comprising approximately 1,050 square feet of living space. Each unit includes a wood-burning fireplace, private deck, and a primary bedroom with an en-suite bathroom. Residents also benefit from TWO separate laundry rooms on-site, with one on each floor. The property is separately metered for electricity and tenants are billed for water, sewer, and garbage usage. The property also offers an ideal owner-user opportunity, with large unit sizes and a desirable Edmonds location well-suited for a house-hacking strategy.

Location & commute

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Directions

Property details

Listing details

Listing number
#2544166
Listed
July 6, 2026
Days on market
7

Unit & building

Stories in building
2
Units in building
4

Homeowners association

HOA dues
$250 annually

Parking

Covered spaces
4
Total spaces
4

Construction

Year built
1978
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Metal

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Electric

Lot

Lot size
10,018 sq ft

Terms

Terms offered
Conventional

Utilities

Sewer
Sewer Connected

Schools

District
Mukilteo

What stands out to you?

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  • Quadruplex
  • Metal
  • Forced Air
  • None
  • Electric
  • Conventional
  • Sewer Connected

Listing history

  1. Listed

    $1,325,000

    July 6, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$7,737

Principal & interest
$6,700
Property tax (est.)
$1,016
HOA dues
$21

Assumes $265,000 down (20%), a $1,060,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM 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.