Property Details
14025 61st Place W
Edmonds, WA 98026
$1,585,000
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Property Overview
Quality built 4 plex, on 12,633 sq.ft. lot, on greenbelt. Ocean view across the street.1 mile to beach. Salt water breeze reaches units. Huge backyard. All units are bigger than newly built 3 bedrooms. Oversized patios & balconies. Sound proof bubble concrete sub floors, see picture. Hardwood floors. Granite countertop. New double thick glass windows. New doors and millwork. 2 new bathtubs & all faucets. New gutters and downspouts. New Aqua-Pex water line. Walk to school. 5 miles to Alderwood Mall, I-5, 405. In area of multi million houses. 2 coin op laundries. 4 storages, 8 personal parking +. Only 6 tenants, no pets. Proof of funds for showing!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Picnic Point
Listed
Apr 2, 2026
Original Price
$1,640,000
Structure Type
Quadruplex
Parcel Number
662000000600
Tax & HOA
Annual Property Tax
$10,404 (2026)
Est. Monthly Tax
$867/mo
Financial Summary
Cap Rate
5.45%
Net Operating Income
$86,440
Gross Scheduled Income
$101,760
Gross Rent Multiplier
15.58
Total Expenses
$15,319
Building & Use
Building Sq Ft
4,220
Leasable Area
4,220 sqft
Total Units
4
Zoning
Residential
Possible Use
Residential
Lot Size
12,632 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.29 sqft
Year Built
1978
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Dead End Street, Paved
Exterior Features
Wood
Community & Access
Directions
From HWY 99 take West on 168 S.W. Turn Right on 52 Ave. Take Left on Picnic Point Rd. Go Straight through Stop Sign, becomes 140 Str. SW. Take left on 61 Pl. W to Cul-de-sac. No for sale sign.
Location
City
Edmonds
County
Snohomish
Coordinates
47.87098, -122.31590
Additional Information
Tax Year
2026
Annual Taxes
$10,404
Possession
Array
