This home's estimate is 0.2% lower than the average sale price ($978K) of 6 comparable homes.
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5327 148th St SW, Edmonds, WA 98026
About this home
Excellent Investment Opportunity in Edmonds! Or, make this owner user. Well-maintained Triplex in Picnic Point. Built in 1990. 1-story building has 0.35 acre lot, 8 total parking incl 2 garages, RV/Boat parking. All units feature vaulted ceiling w/fan, remodeled kitchen & bathroom, fireplace, & patio. Each kitchen has new cabinets, quartz countertops, SS appliances. Separate electric meters. Unit 1 & 2 are mirror images. Unit 1 is 2BR/1.5Bath/1 car garage. Unit 2 is 2BR/1Bath/1 car garage. Unit #3 is Studio w/1Bath. Unit 1 is Owner Occupied. Unit 2 is Vacant. Unit 3 has mo-to-mo tenant. $4,800/mo rent for market value. Great Mukilteo School district w/Kamiak HS. Minutes to park, shopping centers. Easy access to I-5, 405, Boeing, Ferry.

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Market trends in 98026, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- NEW$327,5001 bed1 bath843 sq ft22910 90th Ave W Unit E304, Edmonds, WA 98026Brian Alfi • Windermere R.E. Shoreline
- OPEN WED, 11AM TO 1PM$1,515,0004 beds3 baths3,107 sq ft18710 88th Ave W, Edmonds, WA 98026Michelle Van Tassell • Windermere RE North, Inc.
- NEW$1,850,0004 beds3.5 baths2,968 sq ft11912 Marine View Dr, Edmonds, WA 98026Terry Vehrs • Windermere Real Estate/M2, LLC
- NEW$349,9002 beds2 baths880 sq ft8615 238th St SW Unit B101, Edmonds, WA 98026Junior Torres • Windermere RE Greenwood
- OPEN SAT, 10AM TO 12PM
- $1,350,0003 beds2 baths2,080 sq ft8310 214th Pl SW, Edmonds, WA 98026Adam Cobb • Windermere Real Estate GH LLC
- NEW$849,0006 beds3 baths2,839 sq ft7819 225th Pl SW, Edmonds, WA 98026Ginna Demme • Windermere RE North, Inc.
- OPEN SUN, 1PM TO 4PM$867,5003 beds3 baths1,940 sq ft6922 N Meadowdale Rd, Edmonds, WA 98026Hideo Suganuma • Kohtoku Enterprise Inc.
See all
Provided by Redfin
Sale history for 5327 148th St SW
$353/sq ft
$373/sq ft
$212/sq ft
$212/sq ft
$65/sq ft
Tax history for 5327 148th St SW
*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
R-8,400
Single Family Residential Zone
The intent and function of Single Family Residential zones is to provide for predominantly single family residential development that achieves a minimum net density of 4 dwelling units per net acre.Include but are not limited to:
- Agriculture
- Equestrian facility
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Student
- Infrastructure
- Kennel
- Housing-Mobile home park
- Park & open space
Property details
Parking
- Parking Information
- Parking Uncovered Spaces: 6
- Covered Spaces: 2
- Parking Features: RV Parking
- Open Parking Spaces: 6
- Has Open Parking
Interior
- Virtual Tour
- Heating & Cooling
- Has Heating
- Has Cooling
- Interior Features
- Interior Features: Ductless HP-Mini Split, Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
- Flooring: Ceramic Tile, Laminate, Carpet
- Multi-Family Financial Information
- Electric Expense: $1,800
- Insurance Expense: $2,000
- Other Expense: $2,000
- Net Operating Income: $42,918
- Gross Adjusted Income: 57600
- Gross Scheduled Income: $57,600
- Total Monthly Income: 4800
- Gross Rent Multiplier: 16.5
- Total Expenses: 14682
- Multi-Unit Information
- Units Below Grade: false
- Units In Building Total: 3
- # of Units (Total): 3
- Furnished: Unfurnished
Exterior
- Building Information
- Roof: Composition
- Exterior Features
- Exterior Features: Wood Products
- Property Information
- Energy Source: Electric,Natural Gas,Wood
- Style Code: 53 - Tri-plex
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Property Condition: Good
- Has View
- Land Information
- Possible Use: Multi-Family
- Lot Information
- MLS Lot Size Source: Appraisal (2016)
- Site Features: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
- Lot Features: Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 0.35
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $7,082
- Tax Year: 2022
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, VA Loan
- Buyer Financing: Cash
Utilities
- Utility Information
- Water Source: Public
- Water Company: Alderwood Water
- Power Company: Snohomish PUD
- Sewer: Sewer Connected
- Sewer Company: Alderwood Sewer
- Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected, Wood
- Water Sewer Garbage: 1800
- Internet Connected: Comcast
Location
- School Information
- Elementary School: Picnic Point Elem
- Middle Or Junior High School: Harbour Pointe Mid
- High School: Kamiak High
- High School District: Mukilteo
- Location Information
- Directions: Hwy 99, Turn West to 148th St SW, Triplex at the right side.
- Community Information
- Amenities: See Remarks,Storage
Public facts
- Beds: 4
- Baths: 3.5
- Sq. Ft.: 2,504
- Stories: 1.0
- Lot Size: 0.35 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1990
- Year Renovated: —
- County: Snohomish County
- APN: 00378100000100
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Thursday, November 3, 2022
- Green Information
- Power Production Type: Electric, Natural Gas, Wood
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 2549
- Building Area Total: 2549
- Building Area Units: Square Feet
- Structure Type: Triplex
- Stories Total: 1
Around this home
Schools
Public K-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 2.6mi
Public 9-12 • Assigned • 2.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
6 days above 83° expected this year, 13 days in 30 years
Minimal risk of severe winds over next 30 years
8 unhealthy days expected this year, 9 days in 30 years
Sun exposure
In this area, properties receive around 8.4 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98026
Home values near 5327 148th St SW
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1200 Sq. Ft. | $684,105 |
3 Beds | 2.5 Baths | 1708 Sq. Ft. | $807,663 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2016 Sq. Ft. | $775,074 |
3 Beds | 2.5 Baths | 1886 Sq. Ft. | $784,526 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1672 Sq. Ft. | $790,092 |
3 Beds | 2.5 Baths | 1970 Sq. Ft. | $806,116 |
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