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Listing Firm: Capture Realty LLC: Ky DeWald

Bought With: GPS Real Estate : Eva Wu

SOLD On July 6, 2021
NWMLS # 1776155

$870,000

  • Sold Price
  • - Beds
  • - Baths
  • 2823 Sq.ft.

14924 48th Avenue W #B, Edmonds, WA 98026-4401

Listings with the three tree icon are courtesy of NWMLS

About This Property

Investor alert, this is the first time this property has been on the market in 17 years. Current tenants are on month to month leases and are currently looking for new places. Rents have not been raised in 9 years for unit A and 4 years for unit B. Nothing but potential for this amazing investment opportunity. Exterior is in great condition with newer roof, gutter and exterior paint. 3 bed 2.5 bath 1400+ sqft, similar properties are renting in the area for between $2200 and $2800 with some minor interior updates this will cashflow nicely with 5.5%+ cap rate.

Buyer's Agent: Eva Wu • GPS Real Estate

Listed by: Ky DeWald • Capture Realty LLC

Aris360 Last Checked: Just Now (Jul 20, 2025 02:15 PM)

  • Source: NWMLS as Distributed by MLS Grid #1776155

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 48th
  • Zip/Postal Code: 98026
  • City: Edmonds

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$3,847 per month
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Property Features

  • County
    • Edmonds
  • Community
    • 730 - Southwest Snohomish
  • MLS Area
    • 730 - Southwest Snohomish
  • Longitude
    • -122.298781
  • Latitude
    • 47.862716
  • Directions
    • 405 to 525N, Take Evergreen Way, R on Lincoln Way, R on 31st Ave W, Slight right on Evergreen Way, R on 148th St SW, L on 48th Ave W

  • Interior
    • Wall to Wall Carpet
    • Bamboo/Cork
  • Floors
    • Bamboo/Cork
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 8
  • Lot Description
    • Paved,
    • Paved,
    • Paved,
    • Paved,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,High Speed Internet,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 2
  • Condition
    • Good,
  • Water
    • Alderwood Water
  • Building Total Area (Sq. Ft.)
    • 14375
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,
  • View Description
    • Territorial,

  • High School District
    • Edmonds
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $6196
  • Year Built
    • 1990
  • Effective Year Built
    • 1990
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Jul 20 2025 . 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.

Jul 20, 2025 02:15 PM