533 4th AVE S #1-6, Edmonds, WA 98020
See all 11 photos
533 4th AVE S #1-6, Edmonds, WA 98020
533 4th AVE S #1-6, Edmonds, WA 98020
533 4th AVE S #1-6, Edmonds, WA 98020
533 4th AVE S #1-6, Edmonds, WA 98020
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Nathan Gass

Nathan Gass

+1(360) 483-8645
Listed by:Kidder Mathews • Dan Swanson
$ 1,850,000
Est. payment /mo
Save
Active

533 4th AVE S #1-6 Edmonds, WA 98020

8 Beds

6 Baths

4,302 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,302 sqft

Price per Sqft $430

Subdivision Edmonds Bowl

MLS Listing ID 2504100

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1960

Annual Tax Amount $10,668

Lot Size 7,405 Sqft

Property Sub-Type Multi Family

Property Description

Located in the heart of the Edmonds Bowl neighborhood, this apartment community offers investors a rare opportunity to acquire a well-positioned asset just blocks from Downtown Edmonds and the Puget Sound. The property's walkable location provides tenants with convenient access to restaurants, shops, waterfront parks, and transit. Originally built in 1960, the property features classic mid-century design centered around a charming courtyard setting. Its durable brick veneer exterior, complemented by a new roof, recently painted cedar siding, and updated dual-pane windows, provides both curb appeal and low-maintenance ownership. All 6 units have updated electrical panels. The property is comprised of 6 units, including four 1-bed and two 2-bed homes. Top-floor units enjoy sweeping views of Downtown Edmonds and the Puget Sound. Residents benefit from 6 off-street parking spaces, on-site storage, and a shared laundry facility. Two units received recent remodels including in-unit laundry, and three units have dishwashers, refinished oak floors, quartz counters, and updates to kitchens and baths. This asset presents the likely opportunity for significant upside, simply by increasing rents to market levels and implementing a utility bill-back system. With its premier location, strong fundamentals, and clear path to upside, this property represents an exceptional opportunity for investors seeking both stability and growth in one of Snohomish County's most desirable rental markets.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Flooring Hardwood, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

View Y/N Yes

View City, Partial, Sound

Roof Type Flat

Building

Lot Description Alley, Curbs, Paved

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Sherwood Elemsw

Middle Schools College Pl Mid

High Schools Edmonds Woodway High

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

Nathan Gass

Nathan Gass

Agent | License ID: 24024211

+1(360) 483-8645

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Nathan Gass, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

I agree to receive communications by text message about my inquiry.  You may opt-out by replying STOP or reply HELP for more information. Message frequency varies.

Go tour this home

533 4th AVE S #1-6

QUICK SEARCH