642 Maple ST, Edmonds, WA 98020
642 Maple ST, Edmonds, WA 98020
642 Maple ST, Edmonds, WA 98020
642 Maple ST, Edmonds, WA 98020
642 Maple ST, Edmonds, WA 98020
642 Maple ST, Edmonds, WA 98020
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:The Preview Group • Jesse L. Jaynes
$ 1,400,000
Est. payment | /mo

8 Beds

4 Baths

4,136 SqFt

Save
$ 1,400,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,136 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,136 sqft

Price per Sqft $338

Subdivision Downtown Edmonds

MLS Listing ID 2573263

Style 54 - 4-Plex

Bedrooms 8

Year Built 1959

Annual Tax Amount $10,484

Lot Size 6,534 Sqft

Property Sub-Type Multi Family

Property Description

Rare Edmonds 4-plex investment opportunity! First time on the market in approximately 30 years, this well-located 4-plex offers an exceptional value-add opportunity with four spacious 2-bedroom, 1-bath units offering 1,034 sq ft. Three units are currently occupied at below-market rents, while the fourth is vacant and available for showings—providing an immediate opportunity to experience the property and envision its potential.The property features a large lot, abundant parking, and desirable unit sizes that provide strong rental appeal. Electrical and plumbing have been updated, while the interiors offer an opportunity for a new owner to renovate and substantially increase rents and overall income. With three existing tenants, below-market rents, and significant upside through strategic unit improvements, this property offers an attractive combination of current income and long-term appreciation potential.Ideal for an investor looking to reposition an established multifamily property in Edmonds or an owner-occupant seeking multiple units with income potential. Properties like this rarely come to market with this combination of size, parking, lot area, and rental upside. Location Location Location... with a walk score of 87 our proximity to downtown Edmonds can not be understated!

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Cable TV

View Y/N Yes

View Sound, Territorial

Roof Type Torch Down

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Edmonds

Others

Senior Community No

Acceptable Financing Lease Purchase, VA Loan

Listing Terms Lease Purchase, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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642 Maple ST