8228 226th Street SW Unit #A/B, Edmonds, WA 98026

$1,500,000
3,060
SqFt

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Listing courtesy of Best Choice Realty LLC.

List Price
$1,500,000
Status
ACTIVE
MLS#
2570146
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,060
Area Total SqFt
3060
Annual Tax Ammount
10000
Internet Provider
Ziply
Lot Size (sq ft)
18,295
Sewer
Sewer Connected

Property Description

Rare opportunity in Edmonds! This hard-to-find (pre-inspected) turnkey single-level rambler duplex offers over 3,000 sq ft of total living space, with approximately 1,530 sq ft per side, all situated on a spacious half-acre lot. Each generously sized unit features 2 bedrooms, 2 bathrooms, its own 2-car garage, private backyard, and plenty of room to enjoy. One side has been refreshed with all-new flooring and fresh interior paint, making it move-in ready. Tucked away on a paved dead-end road, the property offers a peaceful setting with mature fruit trees and exceptional privacy while still enjoying all that the desirable enclave of Esperance area of Edmonds has to offer. Whether you’re looking to add a unique property to your investment portfolio, live in one side while generating income from the other, or create the ideal multigenerational living arrangement, the possibilities here are outstanding. Properties offering this combination of single-level living, space, privacy, garages, and versatility are rarely available in Edmonds!

Additional Information

List Date
2026-08-20 15:28:12
Community
Esperance
Net Operating Income
$52,312
Gross Adjusted Income
$72,912
Gross Scheduled Income
$74,400
Total Monthly Income
$6,200
Insurance Expenses
$2,100
Gross Rent Multiplier
20.6
Total Expenses
$12,600
Cap Rate
3.48
Vacancy Rate
2
Total Number of Units
2
Unit Name
8228
Potential Terms
Cash, Conventional, FHA
Year Built
1996
Roof
Composition
Site Features
Gas Available, High Speed Internet, Patio, Sprinkler System
Other Expenses
500
Energy Source
Electric, Natural Gas
School District
Edmonds
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,200
Gross Scheduled Income
$74,400
Vacancy Rate
2
Gross Adjusted Income
$72,912
Tax Year
2025
Insurance Expense
$2,100
Total Expenses
$12,600
Net Operating Income
$52,312
Gross Rent Multiplier
20.6
Cap Rate
3.48
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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