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About the Listing 317 - 142485
Edmonds fourplex in the desirable 5 Corners area. Four matching ~976sf 2bd/1.75ba units with in-unit laundry, 8 dedicated parking spaces and a tucked away setting with private easement access. Projected Year-1 NOI of $69,248 represents a 4.95% cap rate at asking price based on current lease terms and Unit A at $2,275/mo. Seller financing available to qualified buyers. Units B, C, and D are leased through August 2027, and Unit A recently went vacant and will be marketed for lease upon completion of the current unit turn. Additional potential upside through implementation of utility reimbursement; current owner pays W/S/G. Recent improvements include full roof replacement with insulation and ventilation (2021), carport roof (2023), and exterior paint, refreshed decks, railings and stair carpeting (2024).
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces: 0
- Floor: See Remarks
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Edmonds
Exterior Details
- Lot Description: Deck,Fenced-Partially,High Speed Internet,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 80 x 130
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood,Good
- Sewer: City of Edmonds
Financial Details
- Tax Amount: $9,717
- Taxes w/Assessments: N/A
- Tax/Property ID: 00373600300112
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
8134 212th St SW Edmonds, WA 98026
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