Listed by Chelsea Shapiro • Sound Realty Group Inc. Bought with HomeSmart Real Estate Assoc.
Off Market Jun 2022 for $1.2M
$1,196,157
Est. refi paymentEst. refi$1,795/mo
—
bd
•
— ba
•
3,208
sq ft
9017 SW 236th St, Edmonds, WA 98026
About this home
Fantastic 4plex in prime Edmonds location! Tucked in a Cul-de-sac off of Edmonds Way with easy access to I-5, Highway 99 and downtown Edmonds - high demand rental area. Ideal unit mix (2bed/1bath) with spacious layouts, decks/patios, fireplaces and in-unit laundry. Professionally managed and no vacancies. Brand new roof and gutters just installed! One unit recently upgraded with new kitchen/bathroom. Perfect value-add play with below market rents- just needs a few more cosmetic updates to achieve pro-forma cap rate of 6.7% Don't miss this awesome opportunity to add this Edmonds gem to your portfolio!
Multi-familyProperty Type
1979Year Built
7,841 sq ftLot Size
$373Est. Price/Sq.Ft.
4 spacesParking
Listed by Chelsea Shapiro• Sound Realty Group Inc
Listed by Charles Burnett• Sound Realty Group Inc
Bought with Gayle Cuvreau• HomeSmart Real Estate Assoc
*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
7,841 Sq. Ft.
Year renovated
—
Sq. Ft.
3,208
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Snohomish County
APN
00555300100200
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: 4
Open Parking Spaces: 4
Has Open Parking
Interior
Multi-Family Financial Information
Insurance Expense: $1,700
Net Operating Income: $44,312
Gross Adjusted Income: 58188
Gross Scheduled Income: $58,188
Total Monthly Income: 4849
Gross Rent Multiplier: 12.7
Total Expenses: 13876
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, Wood Products
Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Has View
Lot Information
MLS Lot Size Source: Public Records
Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
Zoning Jurisdiction: City
Lot Features: Dead End Street
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Dimensions: 52'x152'
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $6,656
Tax Year: 2021
Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: See Remarks
Water Company: Olympic View
Power Company: PUD
Sewer: Sewer Connected
Sewer Company: Edmonds
Water Sewer Garbage: 5520
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
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: 7,841 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: —
County: Snohomish County
APN: 00555300100200
Home facts updated by county records on Jun 12, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
Offers Review Date: Wednesday, April 13, 2022
On Market Date: Friday, April 8, 2022
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: Poured Concrete
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
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.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.14M – $1.38M
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