Listed by Donna Marshall • Century 21 Northwest. Bought with SJA Property Management.
Off Market Apr 2014 for $500K
$1,416,957
Est. refi paymentEst. refi$3,136/mo
—
bd
•
— ba
•
3,350
sq ft
23830 Edmonds Way, Edmonds, WA 98026
About this home
Edmonds Four Plex, 7.5% Cap Rate,Land will double in value due to location, Minutes to the Ferry and downtown Edmond's! 2 min to I-5, rapid growth area,15 min commute to Seattle. Rapid rent increases in this area. Property has 2 Houses and 1 Duplex Land Zoned RM1.5 for future 6-8 units or short plat,Coin Operated laundry facilities, Units A & B are 2 bedroom 960 SF units in a side-by-side, Unit C is a 927 SF 2 bedroom house, unit D is a 503 SF 1 bedroom Cottage.
Multi-familyProperty Type
1968Year Built
0.36 acresLot Size
$423Est. Price/Sq.Ft.
8 spacesParking
Listed by Donna Marshall• Century 21 Northwest
Bought with Natalya Tkach• SJA Property Management
*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
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
7,739
Year built
2022
Style
Multi-Family (5+ Unit)
County
Snohomish County
APN
00463301000302
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 2026.
RM-1.5
EDMONDS WAY CORRIDOR
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.
Zone overlays
Corridor Development
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: 8
Open Parking Spaces: 8
Has Open Parking
Interior
Virtual Tour
Heating & Cooling
Has Heating
Has Cooling
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,344
Net Operating Income: $36,845
Gross Adjusted Income: 45600
Gross Scheduled Income: $45,600
Total Monthly Income: 3800
Gross Rent Multiplier: 11
Total Expenses: 8755
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
Vacancy Rate: 2
# of Units (Total): 4
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Multi-Family
Lot Information
Site Features: Cable TV,Fenced-Fully
Lot Features: Dead End Street
Lot Size Units: Square Feet
Lot Size Acres: 0.36
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $4,392
Tax Year: 2012
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Community
Power Company: PUD
Sewer: Sewer Connected
Utilities: Cable Connected, Sewer Connected, Electric
Water Sewer Garbage: 3019
Location
School Information
High School: Edmonds Woodway High
High School District: Edmonds
Location Information
Directions: I-5 Towards seattle lynnwood exit 177 toward lake forest park property on left
Community Information
Amenities: Coin Op Laundry,Storage
Public facts
Beds: —
Baths: —
Sq. Ft.: 7,739
Stories: 3.0
Lot Size: 0.36 acres
Style: Multi-Family (5+ Unit)
Year Built: 2022
Year Renovated: —
County: Snohomish County
APN: 00463301000302
Home facts updated by county records on Jun 12, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Wednesday, April 17, 2013
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3350
Building Area Total: 3350
Building Area Units: Square Feet
Foundation Details: Slab
Building Name: hansbury474
Structure Type: Quadruplex
Stories Total: 1
Around this home
Schools
Sherwood Elementary School
Public K-6 • Assigned • 1.2mi
9/10
College Place Middle School
Public 7-8 • Assigned • 2.1mi
4/10
Edmonds Woodway High School
Public 9-12 • Assigned • 1.7mi
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 • 98026
Average low and high temperatures (°F)
46
36
47
37
52
40
59
43
66
48
72
52
75
54
76
58
69
54
59
46
51
42
47
40
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.