Listed by Ray Senn, KW Greater Seattle
- 3,904
- Square feet
- $359
- Per sq ft
- Multi Family
- Type
- 1986
- Year built
- 10,454 sq ft
- Lot
- 44
- Days on market
About this property
Edmonds fourplex in the desirable 5 Corners area. Four matching ~976sf 2bd/1.75ba units with in-unit laundry, 8 dedicated parking spaces and a tucked away setting with private easement access. Projected Year-1 NOI of $69,248 represents a 4.95% cap rate at asking price based on current lease terms and Unit A at $2,275/mo. Seller financing available to qualified buyers. Units B, C, and D are leased through August 2027, and Unit A recently went vacant and will be marketed for lease upon completion of the current unit turn. Additional potential upside through implementation of utility reimbursement; current owner pays W/S/G. Recent improvements include full roof replacement with insulation and ventilation (2021), carport roof (2023), and exterior paint, refreshed decks, railings and stair carpeting (2024).
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2563665
- Listed
- August 3, 2026
- Days on market
- 44
- Price per sq ft
- $359
Unit & building
- Building
- SD
- Stories in building
- 2
- Units in building
- 4
Parking
- Covered spaces
- 4
- Total spaces
- 8
Construction
- Year built
- 1986
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Wall Furnace
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- See Remarks
Lot
- Lot size
- 10,454 sq ft
Terms
- Terms offered
- CashConventionalFHAOwner Will CarryVA Loan
Utilities
- Water
- City of Edmonds
- Sewer
- City of Edmonds
- Power
- Snohomish PUD
Schools
- District
- Edmonds
- Elementary
- Chase Lake Elem
- Middle
- College Pl Mid
- High
- Edmonds Woodway High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Quadruplex
- Composition
- Wall Furnace
- None
- Electric
- See Remarks
- Cash
- Conventional
- FHA
- Owner Will Carry
- VA Loan
Listing history
Listed
$1,400,000
August 3, 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
$8,152
- Principal & interest
- $7,079
- Property tax (est.)
- $1,073
Assumes $280,000 down (20%), a $1,120,000 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.
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Based on information submitted to the MLS GRID as of September 17, 2026 at 2:00 PM 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.