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  • Listed by: The Preview Group • Jesse L. Jaynes
    Bought with: Windermere Real Estate GH LLC
    $1,375,000

    642 Maple Street, Edmonds, WA 98020

    8beds
    4baths
    4,136sqft
    Quadruplex, Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $332/sqft
    $3,742 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,742/mo

    Zestimate® history
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    What's special

    Abundant parkingLarge lotDesirable unit sizes
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse L. Jaynes,

    The Preview Group

    Bought with:

    Adam E. Cobb, 100973

    Windermere Real Estate GH LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2573263MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 4,136
    • Total interior livable area: 4,136 sqft

    Property

    Parking
    • Total spaces: 8
    • Uncovered spaces: 8
    Features
    • Has view: Yes
    • View description: Sound, Territorial
    • Has water view: Yes
    • Water view: Sound
    Lot
    • Size: 6,534 Square Feet
    • Features: Curbs, Paved, Sidewalk, Cable TV
    Details
    • Parcel number: 00434209501200
    • Zoning description: Residential,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4-Plex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Torch Down
    Condition
    • Good
    • Year built: 1959

    Utilities & green energy

    • Electric: Company: PUD
    • Sewer: Sewer Connected, Company: City Of Edmonds
    • Water: Company: City of Edmonds
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Downtown Edmonds
    Location
    • Region: Edmonds

    Financial & listing details

    • Price per square foot: $332/sqft
    • Tax assessed value: $1,265,300
    • Annual tax amount: $10,484
    • Date on market: 8/27/2026
    • Listing terms: Lease Purchase,VA Loan

    Price history

    DateEventPrice
    9/30/2026Sold$1,375,000-1.8%$332/sqft
    Source: NWMLS as distributed by MLS GRID #2573263 Report a problem
    8/28/2026Pending sale$1,400,000$338/sqft
    Source: NWMLS as distributed by MLS GRID #2573263 Report a problem
    8/27/2026Listed for sale$1,400,000+334.1%$338/sqft
    Source: NWMLS as distributed by MLS GRID #2573263 Report a problem
    11/7/1997Sold$322,500+2.4%$78/sqft
    Source: Public Record Report a problem
    7/23/1996Sold$315,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,484 +15.1%$1,265,300 -1.4%
    2024$9,110 +1%$1,283,300 +1.2%
    2023$9,024 +4%$1,268,300 +0.4%
    2022$8,673 -0.1%$1,263,200 +21.5%
    2021$8,684 -2.5%$1,039,800 -3.5%
    2020$8,906 +3.6%$1,077,500 +17.1%
    2019$8,594 $920,300 +9%
    2018-- $844,000 +24.3%
    2017$7,726 +19.5%$679,000 +13.5%
    2016$6,464 $598,000 +1.7%
    2015$6,464 +93.2%$588,000 +2.4%
    2013$3,345 $574,000
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 98020

    Nearby schools

    GreatSchools rating
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