Listed by Ashley Abolafia • Windermere Real Estate/East. Bought with Windermere Real Estate Co.
Off Market Jun 2018 for $495K
$756,656
Est. refi paymentEst. refi$3,129/mo
—
bd
•
— ba
•
1,354
sq ft
23005 Edmonds Way, Edmonds, WA 98020
About this home
Amazing Edmonds investment opportunity! Single owner is selling two, side-by-side duplex buildings. $500K per duplex (each duplex has 2 rental units in it, with each unit featuring 1 Bed/1 Bath/1 garage/1 wood burning fireplace/back deck/in house W/D, forced air/private entrance). OR buy BOTH duplex buildings for $1M & have 4 rentals! New 20 year roofs in 2013. Tenants responsible for electric, garbage; water/sewer reimbursed to owner per capita per building. See MLS#1291331 for other building.
Multi-familyProperty Type
1980Year Built
0.25 acresLot Size
$559Est. Price/Sq.Ft.
4 spacesParking
Listed by Ashley Abolafia• Windermere Real Estate/East
Bought with Carl Thorgerson• Windermere Real Estate Co.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Sq. Ft.
1,354
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Snohomish County
APN
27033600101800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 2026.
RM-1.5
Multiple Residential Zone
The RM zone has the following specific purposes in addition to the general purposes for residential zones; To reserve and regulate areas for a variety of housing types, and a range of greater densities than are available in the middle housing residential zones, while still maintaining a residential environment; To provide for those additional uses which complement and are compatible with multiple residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Public service
Educational/school
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 2
Covered Spaces: 2
Open Parking Spaces: 2
Has Open Parking
Interior
Virtual Tour
Interior Features
Interior Features: Forced Air, Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,059
Net Operating Income: $20,961
Gross Adjusted Income: 24900
Gross Scheduled Income: $24,900
Total Monthly Income: 2075
Gross Rent Multiplier: 20
Total Expenses: 3939
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Tax Records
Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Dimensions: 10,890
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $2,517
Tax Year: 2018
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: Olympic View
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Olympic View
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Water Sewer Garbage: 363
Location
HOA Information
Association Fee Frequency: Annually
School Information
Elementary School: Westgate ElemWg
Middle Or Junior High School: College Pl Mid
High School: Edmonds Woodway High
High School District: Edmonds
Location Information
Directions: From I-5 take Edmonds Way Exit, follow road towards ferrys, duplexs are on right side. Please park in far right unit driveway (23007 Unit A)--as is showing unit. Please don't block other tenants units
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,354
Stories: 1.0
Lot Size: 0.25 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: —
County: Snohomish County
APN: 27033600101800
Home facts updated by county records on Jun 12, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
Offers Review Date: Monday, May 21, 2018
On Market Date: Tuesday, May 15, 2018
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1354
Building Area Total: 1354
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Westgate Elementary School
Public K-6 • Assigned • 0.6mi
6/10
College Place Middle School
Public 7-8 • Assigned • 1.8mi
4/10
Edmonds Woodway High School
Public 9-12 • Assigned • 1.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 86° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Edmonds, WA • 98020
Average low and high temperatures (°F)
46
37
47
38
52
41
58
43
64
48
70
53
73
54
74
57
68
54
58
47
51
42
48
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$719,000 – $871,000
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