Listed by John L Scott Madrona Group
$899,000

Estimated payment $5,416/month

5 Beds
2 Baths
2,012 Sq Ft
$447 Price per Sq Ft

Highlights

  • No HOA
  • Partially Fenced Property
  • Carpet
  • Edmonds Woodway High School Rated A-

About This Home

Don't miss this exceptional investment opportunity in the heart of sought-after Edmonds on a large lot! This well-maintained move-in-ready duplex features two spacious units—one offering 3 bedrooms/1 bathroom, the other with 2 bedrooms/1 bathroom. Separate electric meters and W/D in each unit. Both units enjoy the convenience of private one-car garages and ample off-street parking. Tenants will love the easy access to nearby transit, shopping, dining, and all that Edmonds has to offer. With a solid rental history and strong potential for cash flow or owner-occupancy, this property is perfect for investors or those looking to live in one unit and rent the other. A rare find in a high-demand location.

Listing Agent

Tava Goldstone

John L Scott Madrona Group License #84203

John L Scott Madrona Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2367665

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Esperance Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00463301600502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,892

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1950
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2012
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: Olympic View Water & Sewer
  • WaterSewerGarbage: 2704

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00463301600502
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.61
  • LeasedItems: None
  • TotalMonthlyIncome: 4800

Multi Family

  • Gross Scheduled Income: 57600
  • Net Operating Income: 48363
  • Number Of Units Total: 2
  • Insurance Expense: 1641
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4892

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,892 $735,900 $533,000 $202,900
2024 $4,892 $692,800 $482,400 $210,400
2023 $4,624 $678,600 $458,500 $220,100
2022 $5,022 $606,300 $405,000 $201,300
2020 $4,816 $518,300 $318,000 $200,300
2019 $4,351 $471,900 $292,200 $179,700
2018 $4,313 $404,200 $249,100 $155,100
2017 $3,627 $356,000 $217,600 $138,400
2016 $3,375 $328,500 $193,100 $135,400
2015 $3,438 $315,100 $184,400 $130,700
2013 $2,523 $218,300 $116,300 $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $899,000 -- $447 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $265,000 --
Gift Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,930 New Conventional
Closed $173,000 No Value Available
Previous Owner $109,100 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2367665

Northwest Multiple Listing Service (NWMLS)

APN: 004633-016-005-02