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.
| MLS # | 2563665 |
|---|---|
| Listing Type | For Sale |
| Building Name | SD |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 17 |
| Listing Provided By | KW Greater Seattle | Ray Senn |
| SQ Feet | 3,904 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Multi-Family |
| Acreage | 0.24 |
| Property | 9717 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Edmonds |
| Zip Code | 98026 |
| Area | 730 Southwest Snohomish |
| Community Name | 5 Corners |
| School District | Edmonds Woodway High |
| Elementary School | Chase Lake Elem |
| High School | Edmonds Woodway High |
| Listing VS Median (in 5 Corners) | |
Price: $1,400,000 low | high Med: $535,000 sqft: 3,904 low | high Med: 1,697 $ / sqft: $359 low | high Med: $315 On site: 17 low | high Med: 139 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Edmonds |
| Zip Code | 98026 |
| Area | 730 Southwest Snohomish |
| Community Name | 5 Corners |
| School District | Edmonds Woodway High |
| Elementary School | Chase Lake Elem |
| High School | Edmonds Woodway High |
| Listing VS Median (in 5 Corners) | |
Price: $1,400,000 low | high Med: $535,000 sqft: 3,904 low | high Med: 1,697 $ / sqft: $359 low | high Med: $315 On site: 17 low | high Med: 139 | |
![]() | $1,335,00022001 81st PlaceEdmonds, WA 98026 |
![]() | $1,295,00022006 81st PlaceEdmonds, WA 98026 |
![]() | $1,315,00022005 81st PlaceEdmonds, WA 98026 |