Single-Level Duplex with Private
8228 226th Street SW Unit A/B, Edmonds, WA 98026
For Sale
$1,350,000
Two residential units offer separate outdoor areas and a garage for each household.
Property Size3,060 SF
Lot Size0.50 Acres
Price / SF$441.18
Days on Market60
Property Features for 8228 226th Street SW Unit A/B
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
Best Choice Realty LLC
Listed By:
Harry Parker
(206) 886-3986
Source:
Spireone
Added: Sep 10
Changed: Nov 8
Last Checked: Nov 8 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Best Choice Realty LLC
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Investment Insights
Based on property information with market context.
This 1996 duplex contains 3,060 square feet across two single-level units, with approximately 1,530 square feet per side. Each residence has two bedrooms, two bathrooms, a two-car garage, and a private backyard. One unit has updated flooring and interior paint, and the property was pre-inspected.
Set on a half-acre lot along a paved dead-end road in Edmonds, the property includes mature fruit trees. Its two-unit configuration supports separate occupancy, with distinct garages and outdoor spaces for each side.
Set on a half-acre lot along a paved dead-end road in Edmonds, the property includes mature fruit trees. Its two-unit configuration supports separate occupancy, with distinct garages and outdoor spaces for each side.
Key Highlights
- Two‑unit single‑level duplex totaling 3,060 square feet
- Approximately 1,530 square feet per unit, with two bedrooms and two bathrooms each
- Each residence includes its own two‑car garage and private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,010
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,200
$1.0M
Cap Rate 7%
$728,714
$728.7K
Cap Rate 9%
$566,778
$566.8K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$77.1K $25.20/SF
− Vacancy
−$4.2K −$1.39/SF
EGI
$72.9K $23.81/SF
− OpEx
−$21.9K −$7.14/SF
NOI
$51.0K $16.67/SF
Area
Snohomish County, WA
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,200
Cap Rate 7%
$728,714
Cap Rate 9%
$566,778
Alternative Uses
Best Use
Multifamily LT 5
$728.7K
$637.6K – $850.2K
NOI $51,010 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$653.8K
$572.1K – $762.8K
NOI $45,769 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$853.4K
$746.7K – $995.6K
NOI $59,737 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
Demographics for 98026, WA
38,610
Population
15,884
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
97%
High-School Grad
9.4 sq mi
ZIP Area
4,107
Density / Sq Mi
$124,462
Median Household Income
$63,708
Median Earnings
$1,894
Median Rent
$758,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate outdoor areas and a garage for each household.
Where is this duplex located?
The property is located at 8228 226th Street SW Unit A/B Edmonds, WA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two‑unit single‑level duplex totaling 3,060 square feet; Approximately 1,530 square feet per unit, with two bedrooms and two bathrooms each; Each residence includes its own two‑car garage and private backyard
