Property Details

14025 61st Place W
Edmonds, WA 98026
$1,585,000
MLS# 2499588 courtesy of NWMLS Listing firm: List4FlatFee.com, LLC

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14025 61st Place W, Edmonds, WA 98026-3619, Edmonds

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14025 61st Place W, Edmonds, WA 98026-3619, Edmonds

1 / 13
Multi-Family
Property Type
4,220
Bldg Sq Ft
4
Units
5.45%
Cap Rate
1978
Year Built

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
Listed By
Stacie Whitfield
List4FlatFee.com, LLC

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