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Edmonds Washington Multi Family and Apartment Building Market Update

By
Real Estate Broker/Owner with Big Bear Realty 11126

The popularity of Multi Family and Apartment Building Ownership in EdmondsWashington stays strong. Quality of life, easy access to amenities, public transportation and community college campuses, all make EdmondsWashington a great place to own income producing multi family properties.

According to Northwest Multiple Listing Service data, currently there are 4 multi family properties For Sale ranging in prices from $299,950 to $1,450,000 with 2 duplexes in a Pending status, and1 duplex Pending Feasibility, Over the past 6 months 12 multi family and apartment buildings have sold ranging from $257,500 to $2,350,000 

The mix of multi family properties on the market in Edmonds over the past 6 months breaks out as follows: 2 duplex, one 4-plex and a 12 unit property currently active on market, 2 duplexes pending, and one duplex pending feasibility. Multi family properties sold over the past 6 months, include four duplexes, two 4-unit, two 5 unit, one 6 unit, one 7 unit, one 8 unit and one 15 unit properties sold.

 View current multi family properties for sale in Edmonds here.

  With fewer foreclosures and short sales on the market, traditional sellers have an opportunity to compete in the market for the first time in years.

 Contact me to find out if you are a seller that may be able to take advantage of the current market conditions. If you would like to talk more about the recent multi family property sales in Edmonds or for a free market evaluation on your property in Edmonds, please reach out and contact me. 

 

I look forward to hearing from you.

 

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