


16415 48th Avenue WEdmonds, WA 98026
Multi-Family · 3 Beds · 20,688 Sq. ft. | 0.59 Acres16415 48th Avenue W Overview
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Newly available opportunity in a highly desirable Edmonds community. 12 townhomes priced well below replacement cost at $363 per finished SF, not including the 7368 SF of garages. Triplex structure provides for 8 end units. Originally built in 2008 and previously sold to the current owner, these homes are now being offered to new owners for the first time. Beautiful and spacious tri-level townhouses located in a prime Edmonds location at the corner of 48th Ave W and 164th St SW. This well-maintained contemporary home offers 1,724 SF of comfortable living space with an open floor plan designed for modern living. The large kitchen features granite countertops, quality appliances, and plenty of cabinet space, opening to bright living and dining areas highlighted by hybrid wood flooring and a custom stone gas fireplace. Upstairs, the spacious primary suite boasts a cathedral ceiling, walk-in closet, and a full bath with dual sinks. Two additional bedrooms and a full bathroom provide plenty of space for guests or home office. Additional features include an energy-efficient radiant hydronic heating system, in-unit washer and dryer. Don't miss the ginormous 614 SF 2-car garage with extra space for hobbies and storage. Conveniently located with easy access to Highway 99, I-5, and I-405, and within the highly regarded Edmonds School District. Close to shopping, dining, and everyday amenities. Separately deeded as condos for future individual sale potential.
16415 48th Avenue W Facts & Features
- Type Multi-Family
- Sq. ft. 20,688
- Price/Sq.ft. $350
- Lot 0.59 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Edmonds
- Elementary School: Beverly Elem
- Middle Or Junior School: Meadowdale Mid
- High School: Meadowdale High
Income/Expenses
- Other Expense: 11415
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 475200
- Insurance Expense: 6130
- Net Operating Income: 389400
- Total Expenses: 79200
- Total Monthly Income: 39600
- Water/Sewer/Garbage: 0
Building Information
- Building Name: 164th St
- New Construction: No
- Year Built: 2008
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 730 - Southwest Snohomish
- Subdivision Name: Meadowdale
Tax Information
- Tax Annual Amount: $61,655.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 01096100000000
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 24
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 20688
- Building Area Units: Square Feet
- Calculated Square Footage: 20688
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Carpet
- Heating: Yes
- Leasable Area: 20688
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
- Stories Total: 3
Exterior
Parking Information
- Open Parking: No
- Parking Total: 27
- Parking Uncovered Total: 3
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Paved, Sidewalk
- Lot Size Acres: 0.59
- Lot Size Square Feet: 25700
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 24
- Exterior Features: Wood Products
- Number Of Units Total: 1
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 39600
- Beds Total: 3
- Baths Total: 3
16415 48th Avenue W Neighborhood
Community
98026 (Edmonds) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.16415 48th Avenue W Monthly Cost
16415 48th Avenue W Market Data
Based on the last 30 days in this zip code
16415 48th Avenue W History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: NWMLS | $7,250,000 -3.3% |
|
| 3/20/2026Source: NWMLS | March 20, 2026 |
































