Listed by Lisa Scivally • Cascade Properties & Invest. Bought with John L. Scott, Inc.
Off market mar 2020 for $953K
$1,256,442
Est. refi paymentEst. refi$2,187/mo
—
bd
•
— ba
•
3,208
sq ft
9015 236th St SW, Edmonds, WA 98026
About this home
Fantastic investment opportunity to own this solid 4-plex in Edmonds! Priced to sell at 6.24 Cap with room to grow rents! Spacious 2 bedroom 1 bath units with all appliances, including washers/dryers in each unit & fireplaces in two units. Nice patio/decks. Professionally managed & well taken care of with stable tenants. This location can't be beat within minutes of Shoreline Park, Commuter Rail at Edmonds Station, Edmonds & Shoreline CC & North Seattle College.
Multi-familyProperty Type
1979Year Built
8,712 sq ftLot Size
$392Est. Price/Sq.Ft.
4 spacesParking
Listed by Lisa Scivally• Cascade Properties & Invest.
*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
4
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
3,208
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Snohomish County
APN
00555300100201
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 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: 4
Open Parking Spaces: 4
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,200
Other Expense: $532
Net Operating Income: $53,054
Gross Adjusted Income: 64800
Gross Scheduled Income: $64,800
Total Monthly Income: 5400
Gross Rent Multiplier: 13
Total Expenses: 11746
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Metal/Vinyl
Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Multi-Family, Residential
Lot Information
Lot Number: 2
MLS Lot Size Source: Tax Records
Site Features: Cable TV,Deck,Patio
Zoning Jurisdiction: City
Lot Features: Open Space, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Dimensions: 153x58x155x58
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $5,254
Tax Year: 2019
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: Olympic View
Power Company: PUD
Sewer: Sewer Connected
Sewer Company: Edmonds
Utilities: Cable Connected, Sewer Connected, Electric
Water Sewer Garbage: 4740
Location
HOA Information
Association Fee Frequency: Annually
School Information
High School District: Edmonds
Location Information
Directions: Exit from I-5, Edmonds Way to 236th, Turn Left to Property.
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,208
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: —
County: Snohomish County
APN: 00555300100201
Home facts updated by county records on Sep 21, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Friday, January 31, 2020
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3208
Building Area Total: 3208
Building Area Units: Square Feet
Foundation Details: Block, Slab
Building Name: Ridge Acres
Year Built Effective: 1979
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 2
Around this home
Schools
Sherwood Elementary School
Public K-6 • Assigned • 1.0mi
9/10
College Place Middle School
Public 7-8 • Assigned • 2.0mi
4/10
Edmonds Woodway High School
Public 9-12 • Assigned • 1.5mi
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
3/10 Heat Factor
7 days above 86° expected this year, 15 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
55
76
58
70
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.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.19M – $1.45M
Reach more buyers when you sell with Redfin. Save up to $12,564 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.