Active · Residential Income

8134 212th Street SW, Edmonds, WA 98026

Edmonds, WA 98026

$1,400,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by KW Greater Seattle · MLS #2563665 · Active

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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).

Property details

Property type: Multi Family
Year built: 1986
Lot size: 10,454 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $9,717 (2026)
Parking spaces: 8
School district: Edmonds

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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