8134 212th Street SW, Edmonds, WA 98026
- $1,400,000
- 3,904
- SqFt
Listing courtesy of KW Greater Seattle.
- List Price
- $1,400,000
- Status
- ACTIVE
- MLS#
- 2563665
- Days on Market
- 27
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,904
- Area Total SqFt
- 3904
- Annual Tax Ammount
- 9717
- Internet Provider
- N/A
- Lot Size (sq ft)
- 10,454
- Sewer
- Available
Property Description
This well maintained Edmonds fourplex is offered for sale for the first time since 2005. Tucked away in the desirable 5 Corners area, the property features four matching 2BD/1.5BA units of approximately 976SF, each with in unit laundry. 8 dedicated parking spaces are included, four of which are covered. Recent improvements include a full roof replacement with new insulation and ventilation in 2021, a new carport roof in 2023, and new exterior paint, refreshed decks, and stair carpeting in 2024. Three units are leased through August 2027, with one unit available 9/1/2026 and to be marketed for lease at $2,275 per month. Additional upside exists through the implementation of a utility reimbursement program.
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Additional Information
- List Date
- 2026-08-04 06:58:11
- Community
- 5 Corners
- Net Operating Income
- $69,248
- Gross Adjusted Income
- $93,651
- Gross Scheduled Income
- $98,580
- Total Monthly Income
- $8,215
- Insurance Expenses
- $3,165
- Water/Sewer/Garbage Expenses
- $6,600
- Gross Rent Multiplier
- 14.2
- Total Expenses
- $24,403
- Cap Rate
- 4.95
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 8134
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1986
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, High Speed Internet
- Other Expenses
- 4921
- Energy Source
- Electric
- School District
- Edmonds
- Elementary School
- Chase Lake Elem
- Middle School
- College Pl Mid
- High School
- Edmonds Woodway High
- Total Monthly Income
- $8,215
- Gross Scheduled Income
- $98,580
- Vacancy Rate
- 5
- Gross Adjusted Income
- $93,651
- Tax Year
- 2026
- Insurance Expense
- $3,165
- W/S/G Expenses
- $6,600
- Total Expenses
- $24,403
- Net Operating Income
- $69,248
- Gross Rent Multiplier
- 14.2
- Cap Rate
- 4.95
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.