116 4th Avenue N Edmonds, WA $ 2,200,000
116 4th Avenue N
$ 2,200,000
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116 4th Avenue N

Edmonds, WA, 98020
$ 2,200,000
Bedrooms6 Baths3.0 Sq 2,995

Monthly Estimate*

$ 13,891

Listed by Windermere RE North, Inc.
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Multi-Family Home for sale in Edmonds, WA

for $2,200,000 with 6 bedrooms and 3 full baths. This 2,995 square foot home was built in 1902 on a lot size of 0.0858.

Investors!!! A Lucrative Airbnb Grossing +/- $16,700 per month on average. Welcome to the heart of Downtown Edmonds and this beautifully updated 1902 Victorian blending historic charm with modern comfort. Known as the “Besson House”, built by Edmonds founder FR Beeson and added to the Edmonds Historic Registry in 2024. A 2205sf, 4-bedroom, 1.75-bath home with bright and open living spaces, a cozy living room, fully equipped kitchen, spacious dining room with built-ins, main floor bedroom, and ¾ bath all opening to a backyard deck/patio perfect for entertainment overflow. 3 additional bedrooms and full bath on the second level and sweeping views of the Sound and Mountains from the third-floor “bird’s nest.” This inviting, cozy retreat features a comfortable sitting area and a rooftop deck—ideal for morning coffee or evening sunset drinks. Updates include air conditioning, a newer furnace, newer hot water tank, new water line, and much of the plumbing and electrical updated. The "Cottage" is a perfect condo alternative with 790sf, 2 Beds, 1 Bath, open living spaces, and kitchen. A prime location in the heart of the Creative District, just one block from the Main Street Fountain and Farmers Market and just steps to cafes, shops, galleries, restaurants, the Ferry, and the beach. An incredible opportunity to own a rare piece of Edmonds history!

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,278

Style

Duplex

Lot Size

0.0858

Year Built

1902

Town/City

Edmonds

County/Region

Snohomish

MLS | Web ID

2550638

Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Forced Air
Cooling Central Air Forced Air
Possession Negotiable Subject To Tenant Rights
Roof Composition
HOA Fee 69
Garage Spaces 0
Security Features Partially Fenced
Year Built 1902
View City Mountains Sound Territorial
Property Subtype Multi Family
Tax Year 2026
Building Name Fourth Avenue North Condominium
Assoc Fee Paid Per Monthly
County Snohomish
Net Operating Income 168149
Insurance Expense 5225
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Downtown Edmonds
Possible Use Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions From Main Street North on 4th Ave N.
High School Edmonds Woodway High
City Edmonds
Senior Community Y/N N
High School District Edmonds
Zoning Description Commercial Multi-Family Office Residential Retail
Number Of Units Total 2
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 3736
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Edmonds Elem
Tax Annual Amount 11278
Electric Expense 1608
Fuel Expense 2400
Middle/Junior High School College Pl Mid
Public Remarks Investors!!! A Lucrative Airbnb Grossing +/- $16 700 per month on average. Welcome to the heart of Downtown Edmonds and this beautifully updated 1902 Victorian blending historic charm with modern c
Leasable Area 2995
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Edmonds
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 4836
Property Style 52 - Duplex
Cap Rate 7.6
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Exterior
Exterior Amenities Wood
Lot Features Alley Curbs Paved Sidewalk
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2995
Lot Size Acres 0.0858
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available High Speed Internet Patio Rooftop Deck
Parking Uncovered Total 2
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Interior
Flooring Ceramic Tile Concrete Laminate Softwood Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2550638
Street Number 1 116
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* Excluded Features
List By
Tyler Echelbarger

Listing Agent

Windermere Re North, Inc.

Broker

Affordability Calculator

$14,831
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
$940
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258602 Elementary School
257173 Middle School
Edmonds Woodway High High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$2,200,000 Listed Price

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116 4th Avenue N, Edmonds, WA, 98020 is a Multi-Family Home for sale at $2,200,000 with 2,995 sqft and a lot size of 0.0858. 116 4th Avenue N has 6 bedrooms, 3.0 baths, and was built in 1902. The property's zip code is 98020 which is in Edmonds, WA