Listing provided courtesy of The Preview GroupNWMLSas Distributed by MLSGrid- MLS# NWM2540178MLS Provider

7929 230th Street SWEdmonds, WA 98026

Multi-Family · 19 Beds · 10,417 Sq. ft. | 0.24 Acres
$4,210,000 Active

7929 230th Street SW Overview

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NEW CONSTRUCTION 6-Unit Townhome. Each unit individually metered for W/S/G/E. Only out-of-pocket Landlord cost is minimal landscaping maintenance. Thoughtfully designed floorplan maximizes roommate potential or generational living with each bedroom featuring their own dedicated bathroom. All levels feature modern cabinetry, luxury vinyl plank flooring, air conditioning and recirculating hot water. Upstairs features dual Primary Suites complete with walk-in closets. Spacious laundry with built-in cabinetry. Electric vehicle charging in the side-by-side garage. High-level designer finishes thorughout appeal to a discerning tenant demographic. Units are fire sprinklered reducing insurance expense. Two miles to the Terrace Light Rail Station and one mile to the 10-acre Esperance Park. Edmonds is the crown jewel of Snohomish County with a strong employment base; a great alternative to King County. Nearby Providence Swedish Hospital is the largest employer in the area and recently posted a 30% increase in job openings. Healthcare is now the region's leading job growth sector ahead of tech. Strong area demand for housing from international students attending both Shoreline & Edmonds CC (10 min to each). Built as a Unit Lot Subdivision (ULS) which provides flexibility and opportunities to sell units individually if desired.

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7929 230th Street SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,417
  • Price/Sq.ft. $404
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $600.00
  • Association Fee Frequency: Monthly

School Information

  • School District: Edmonds

Income/Expenses

  • Other Expense: 4800
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 258000
  • Insurance Expense: 4200
  • Net Operating Income: 213000
  • Total Expenses: 45000
  • Total Monthly Income: 21500
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: Yes
  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 730 - Southwest Snohomish
  • Subdivision Name: Esperance

Community/Development

  • Amenities: Fire Sprinklers

Tax Information

  • Tax Annual Amount: $36,000.00
  • Tax Year: 2026

General Information

  • New Construction: Completed
  • Listing Terms: Cash, Conventional
  • Parcel Number: 00576700000401
  • Possible Use: Residential
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 12

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 10417
  • Building Area Units: Square Feet
  • Calculated Square Footage: 10417
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 10540
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 3

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 12
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Acres: 0.242
  • Lot Size Square Feet: 10540
  • Lot Size Units: Square Feet
  • Site Features: Deck, Electric Car Charging, Fenced-Partially, Sprinkler System
  • Elevation Units: Feet

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Methods: Standard Frame
  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 12
  • Exterior Features: Cement/Concrete, Cement Planked, Wood, Wood Products
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 3550
  • Beds Total: 3
  • Baths Total: 3

Unit 3 Details

  • Actual Rent: 3550
  • Beds Total: 3
  • Baths Total: 3

Unit 4 Details

  • Actual Rent: 3550
  • Beds Total: 3
  • Baths Total: 3

Unit 5 Details

  • Actual Rent: 3550
  • Beds Total: 3
  • Baths Total: 3

Unit 6 Details

  • Actual Rent: 3550
  • Beds Total: 3
  • Baths Total: 3

Unit 1 Details

  • Actual Rent: 3750
  • Beds Total: 4
  • Baths Total: 3

7929 230th Street SW Neighborhood

Community

98026 (Edmonds) Demographics

42
Median Age
3,658
Population Density (per sq. mile)
51%
College Educated
$98,415
Estimated Median Income
11,050
Estimated Total Home Owners
3,814
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7929 230th Street SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7929 230th Street SW Market Data

Based on the last 30 days in this zip code

$1,066,351
Average List Price
$474
Average Price per Square Foot
39
Properties Sold
62
Average Days on Market
190
Properties for Sale
Calculations provided by Reliance Network

7929 230th Street SW History

Date Event Value Agent
6/15/2026Source: NWMLS Added to Database
June 15, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
May 04, 2022
5/22/2022Source: NWMLS Status Change
Sold
5/10/2022Source: NWMLS Status Change
Pending