8311 214th Place Southwest, Unit 14
8311 214th Place Southwest, Unit 14
Edmonds, WA 98026
$1,500,000
Price
8
Beds
4
Baths
3,360 Sq. Ft.
$446 / Sq. Ft.
3,360
Sq. Ft.
$446
per Sq. Ft.
Pending
Pending
Listing provided courtesy of Windermere Real Estate M2 LLC
Description
Edmonds 4plex centrally located just 1 block from 5-corners with wonderful amenities. The well-maintained & professionally managed building sits on a quiet street with many single-family residential homes. Long term tenants with below market rents provide an opportunity to immediately increase cashflow. Two units have been fully remodeled with stylish/modern finishes. Updated roof, exterior paint, & windows in 2018. Each unit has a spacious living room, dining room & kitchen with open layout, along...Edmonds 4plex centrally located just 1 block from 5-corners with wonderful amenities. The well-maintained & professionally managed building sits on a quiet street with many single-family residential homes. Long term tenants with below market rents provide an opportunity to immediately increase cashflow. Two units have been fully remodeled with stylish/modern finishes. Updated roof, exterior paint, & windows in 2018. Each unit has a spacious living room, dining room & kitchen with open layout, along with 2 bedrooms, full bath, & in-unit washer/dryer. Low maintenance grounds + ample parking. Quick access to I-5, downtown Edmonds, restaurants, coffee shops, & schools.
- Listed by Casey Price • Windermere Real Estate M2 LLC
Property Details for 8311 214th Place Southwest, Unit 14
Community Name
5 Corners
School DistrictEdmonds
Number of Assigned Spaces8
Total Covered Parking0
Entry Date04-10-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate M2 LLC![]()
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LISTING UPDATED: 04/23/2024 10:37 AM
Property Details for 8311 214th Place Southwest, Unit 14
| Status | Pending |
|---|---|
| MLS # | 2220658 |
| Days on Market | 13 |
| Cumulative Days on Market | 13 |
| Taxes | $7,338 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1976 |
| Lot Size | 0.20 AC / 8,712 SF |
| County | Snohomish County |
Location
Listing Courtesy of Windermere Real Estate M2 LLC![]()
Add your commute
Building Information for 8311 214th Place Southwest, Unit 14
Stories2Residences4Year Built1976Building Size-Lot Size0.20 AC / 8,712 SF
Payment Calculator
$8,798 per month
30 year fixed, 7.25% Interest
Principal and Interest
$8,186
Property Taxes
$612
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 8311 214th Place Southwest, Unit 14
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Fenced-Partially
- Area: 730 - Southwest Snohomish
- Elementary School: Chase Lake Elem
- Middle Or Junior School: College Pl Mid
- High School: Edmonds Woodway High
- Directions: From I-5 take the exit for 220th St. SW; L onto 220th St. SW; R onto 84th Ave W; R onto 214th PL SW; building is 2nd on left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Carpet
- Features: Laminate, Laminate Hardwood, Wall to Wall Carpet
- Amenities: Thermal Windows
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Stucco, Wood
- Roof: Composition, Flat
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 5425.27
- Power Company: PUD
- Sewer Company: City of Edmonds
- Water Company: City of Edmonds
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Snohomish County Assessor
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 40
Lot Information
- Lot Details: Paved
- Lot Size Source: Snohomish County Assessor
- Parcel Number Free Text: 00467400000901
- Building Condition: Good
- Calculated Square Footage: 3360
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3360.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Unit Number: 1-4
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $487
- Total Expenses: 15786.96
- Gross Adjusted Income: 79500
- Gross Rent Multiplier: 18.87
- Gross Scheduled Income: $79,500
- Insurance Expense: $2,537
- Net Operating Income: $63,713
- Other Expenses: $0
- Total Monthly Income: 6625
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 816
- Rent Unit 1: $1,550.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 816
- Rent Unit 2: $1,550.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 864
- Rent Unit 3: $1,675.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 864
- Rent Unit 4: $1,850.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3360.0
- Leasable Area Units: Square Feet
Property History for 8311 214th Place Southwest, Unit 14
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 8311 214th Place Southwest, Unit 14
This home is within Edmonds School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Chase Lake Elementary School PublicK to 6 | ||
College Place Middle School Public7 to 8 | ||
Edmonds Woodway High School Public9 to 12 | ||
Contracted Learning Prgm Clip Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Windermere Real Estate M2 LLC
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.