533 4th Ave S, Unit 16

Edmonds, WA 98020

$1,450,000
Last Sold Price
8
Beds
6
Baths
4,302 Sq. Ft.
$337 / Sq. Ft.
4,302
Sq. Ft.
$337
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 5/18/26
Sold 5/18/26
Listing provided courtesy of Kidder Mathews, Whisper Real Estate
Source: Northwest MLS

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...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.
  1. Listed by Dan Swanson • Kidder Mathews
    P: (360)-705-2800 dan.swanson@kidder.com

Property Details for 533 4th Avenue South, Unit 16

Community Name
Edmonds Bowl
School District
Edmonds
View
City, Partial, Sound
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
04-07-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/18/2026 05:26 PM

Property Details for 533 4th Avenue South, Unit 16

StatusSold
MLS #2504100
Days on Market25
Cumulative Days on Market25
Taxes$10,668 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.17 AC / 7,405 SF
CountySnohomish County
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Location

Listing Courtesy of Kidder Mathews

Sold By Whisper Real Estate

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Building Information for 533 4th Avenue South, Unit 16

Stories2Residences6Year Built1960Building Size-Lot Size0.17 AC / 7,405 SF

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$8,115 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,226

Property Taxes

$889

HOA Dues

$0

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Property Information for 533 4th Avenue South, Unit 16

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 730 - Southwest Snohomish
  • Elementary School: Sherwood ElemSw
  • Middle Or Junior School: College Pl Mid
  • High School: Edmonds Woodway High
  • Directions: The property is on 4th Ave S between Erben Dr and Howell Way.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Carpet
  • Amenities: Coin Op Laundry,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 8861
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Snohomish County Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 11
Lot Information
  • Lot Details: Alley, Curbs, Paved
  • Lot Size Source: Snohomish County Assessor
  • Parcel Number Free Text: 00409600200200
  • Calculated Square Footage: 4302
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4302.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Total Uncovered Parking: 6
  • Number of Stories in Building: 2
  • Unit Number: 1-6
  • Vacancy Rate: 4
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 46757
  • Gross Adjusted Income: 97478
  • Gross Rent Multiplier: 18.2
  • Gross Scheduled Income: $101,540
  • Insurance Expense: $5,500
  • Net Operating Income: $50,722
  • Other Expenses: $21,728
  • Total Monthly Income: 8462
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 850
  • Rent Unit 1: $1,550.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 650
  • Rent Unit 2: $1,150.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 650
  • Rent Unit 3: $1,220.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 850
  • Rent Unit 4: $1,665.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 650
  • Rent Unit 5: $1,565.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 650
  • Rent Unit 6: $1,230.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4302.0

Property History for 533 4th Avenue South, Unit 16

DateEvent & SourcePriceAppreciation
May 18, 2026

Sold

NWMLS #2504100

$1,450,000—
May 2, 2026

Pending

NWMLS #2504100

—
Apr 7, 2026

Listed (Active)

NWMLS #2504100

$1,850,000—
DateEvent & SourcePrice
05/18/2026

Sold

NWMLS #2504100

$1,450,000
05/02/2026

Pending

NWMLS #2504100

—
04/07/2026

Listed (Active)

NWMLS #2504100

$1,850,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 533 4th Avenue South, Unit 16

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Sherwood Elementary School
Public - K to 6
College Place Middle School
Public - 7 to 8
Edmonds Woodway High School
Public - 9 to 12
Edmonds Home Resource Center
Public - K to 12
Rating
School
Distance
Sherwood Elementary School
PublicK to 6

College Place Middle School
Public7 to 8

Edmonds Woodway High School
Public9 to 12

Edmonds Home Resource Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Edmonds
Edmonds
Get to know the unique charms of the community surrounding this home. North of Seattle lies the scenic city of Edmonds, Washington. This picturesque beach town is comprised of two parts: the Edmonds “Bowl” area (which includes the downtown hub, the business district, and the Ferry Terminal) and the...
Edmonds Guide

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Listing Courtesy of Kidder Mathews

Based on information submitted to the MLS GRID as of 05/18/2026 05:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.