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About the Listing 2509 - 24900
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!
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces: 0
- Floor: Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Edmonds
Exterior Details
- Lot Description: Alley,Curbs,Paved,Sidewalk,Cable TV,Zoning: Residential
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: Residential
- Roof: Torch Down
- Others: Brick,Wood,Good
- Sewer: City Of Edmonds
Financial Details
- Tax Amount: $10,484
- Taxes w/Assessments: N/A
- Tax/Property ID: 00434209501200
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
642 Maple St Edmonds, WA 98020
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