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16415 48th Ave W Edmonds WA 98026
Listing #: 710768 | Status: Available | Last Modified: 3/30/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Condo Information | |
|---|---|
| Condo | Yes |
| Condo $/SF | $ 368.00 |
| Condo SF | 20,352 SF |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 468,600 |
| Vacancy Factor % | 1.39% |
| Operating Expenses | 79,200 |
| Net Operating Income | 382,891 |
| CAP Rate | 5.19 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.192 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 12 |
| Total Building SF | 20,352 SF |
| Net Rentable Area | 20,352 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 564,973 SF |
| Acres | 12.97 |
| Year Built | 2008 |
| Construction Type | Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Snohomish |
| Market Area | Edmonds |
| Tax ID # | 00372700800901 |
| Zoning | MR |
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
NW contemporary Craftsman style architecture and details. Low maintenance James Hardi fiber cement and stained cedar shake siding. Architectural style composition roof. Cultured stone accents. Energy efficient low-e vinyl windows. Energy efficient radiant hydronic heating system. GE alarm system. Cat 5 wiring. Surround sound pre-wired. Sprinkler system throughout. Double insulated common walls. Double insulated laundry room.
Hawk Townhomes
16415 48th Ave W Edmonds WA 98026
Listing #: 710768 | Status: Available | Listing Date: 3/30/2026 | Last Modified: 3/30/2026 | Email Listing