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About the Listing 128 - 38720
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
2504100
Year Built
1960
Total Square Footage
4,300
Lot/Acreage
0.17
County
Snohomish
Neighborhood
Edmonds Bowl
School District
Edmonds
Elementary School
Sherwood ElemSw
Middle School
College Pl Middle
High School
Edmonds Woodway High
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Hardwood,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Alley,Curbs,Paved,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: Multi-Family
- Roof: Flat
- Others: Brick,Wood
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $10,668
- Taxes w/Assessments: N/A
- Tax/Property ID: 00409600200200
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
533 4th Avenue S 1-6 Edmonds, WA 98020
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