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533 4th Ave S
Edmonds, WA 98020 Outlying Lynnwood-Snohomish

$1,850,000 USD

Apartments For Sale  •  4,302 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,302 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 2.74 %
  • Zoning RM-2.4
30 Transit Score
50 Walk Score

Highlights

Premier Edmonds Bowl location - Blocks to Downtown Edmonds and the Puget Sound
6 off-street parking spaces, on-site storage and laundry room
Attractive mid-century design with courtyard with Downtown and Puget Sound views from the top floor
Attractive low-maintenance brick veneer with recently painted cedar siding, new PVC roof, and updated electrical panels and dual-pane windows
Attractive mid-century design with courtyard on quiet charming street with a mix of single-family rentals, condos, and multifamily
Spacious floor plans with multiple closets and dining areas; 3 units with dishwashers and 2 with in-unit laundry

Property Flyers

Financial Summary (Actual)

Net Operating Income: $50,721 USD (2026)
Cap Rate: 2.74 %
Total Expenses: $46,757 USD

Amenities

  • Laundry Facilities
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Storage Space
  • Double Pane Windows

Public Transportation

Commuter RailDriveWalkDistance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 3 min 13 min 0.7 mi
Transit/SubwayDriveWalkDistance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
Seattle Paine Field International 23 min - 11.2 mi
Seattle-Tacoma International 47 min - 30.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Dan Swanson 425-444-6501 Kidder Mathews
Dan Swanson 425-444-6501 Kidder Mathews