14916 48th Avenue W, Edmonds, WA 98026

$899,990
3,087
SqFt

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Listing Broker: Windermere RE North, Inc.; Tyler Echelbarger; ; Selling Office: Champions Real Estate.

Sold Price
$899,990
List Price
$899,990
Status
SOLD
MLS#
2484267
Closing Date
May 06, 2026
Days on Market
28
Style
52 - Duplex
Finished SqFt
3,087
Area Total SqFt
3087
Annual Tax Ammount
7675
Internet Provider
Xfinity
Lot Size (sq ft)
14,375
Sewer
Sewer Connected

Property Description

A solid duplex situated on an oversized 14,375 SF lot zoned Multiple Residential (MR). Unit A features 1,675 SF with 3 bedrooms, 2.5 baths, and a spacious bonus room. Unit B offers 1,411 SF with 3 bedrooms and 2.25 baths, includes an attached one-car garage, updated engineered hardwood flooring, and is currently rented through July 2026 for immediate income stability. Both units boast open-concept living areas filled with natural light with large windows. The main floor includes kitchen, dining, living, ½ bath, and laundry areas, while the upper level offers three bedrooms and two baths. Ideally located near community parks, Picnic Point, and Norma Beach, with convenient access to Hwy 99 and I-5 for an easy commute. Possible potential for an additional building lot and/or Detached Accessory Dwelling Unit (DADU) — buyer to verify.

Additional Information

List Date
2026-04-08 00:00:00
Community
Meadowdale
Net Operating Income
$12,342
Gross Adjusted Income
$25,200
Gross Scheduled Income
$25,200
Total Monthly Income
$2,110
Insurance Expenses
$2,183
Water/Sewer/Garbage Expenses
$1,920
Gross Rent Multiplier
43
Total Expenses
$12,858
Cap Rate
1.1
Total Number of Units
2
Unit Name
14916
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1990
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
Electric Expenses
1080
Energy Source
Electric
School District
Edmonds
Elementary School
Beverly Elem
Middle School
Meadowdale Mid
High School
Meadowdale High
Total Monthly Income
$2,110
Gross Scheduled Income
$25,200
Gross Adjusted Income
$25,200
Tax Year
2026
Insurance Expense
$2,183
W/S/G Expenses
$1,920
Total Expenses
$12,858
Net Operating Income
$12,342
Gross Rent Multiplier
43
Cap Rate
1.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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