Listed by Paragon Real Estate Advisors
$6,450,000

Estimated payment $39,108/month

Total Views 186
30 Beds
31 Baths
20,053 Sq Ft
$322 Price per Sq Ft

Highlights

  • 0.62 Acre Lot
  • No HOA
  • Baseboard Heating
  • Edmonds Woodway High School Rated A-

About This Home

Norge Apartments is an impressive apartment community with phenomenal curb appeal and has been maintained with great care by the same family ownership since it was built. The building sits on an expansive and gently sloping 27,007 SqFt lot with attractive mature landscaping and ample parking. The units are large, with the 1 bedroom – 1bath units averaging 816 SqFt and the 2 bedroom – 2 bath units averaging 1,135 SqFt. Most of the units feature an additional bonus room/office that offers great value for residents. There is a non-permitted studio unit on the lower level that was added by the owners as an owner/manager unit.

Listing Agent

Ryan Iles

Paragon Real Estate Advisors License #108410 Listed on: 08/19/2025

Co-Listing Agent

Will Douglas

Paragon Real Estate Advisors License #23011013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2422979

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,550

Year Built

  • Built in 1978

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 20,053 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 31 Bathrooms

Parking

  • 40 Parking Spaces
  • Open Parking

Additional Features

  • 0.62 Acre Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10/24/2025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,550

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1978
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 20053
  • Special Features: None

Interior Features

  • Total Bedrooms: 30
  • Fireplace: No
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Stucco
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 16
  • Carport Y N: No
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 40
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 33839

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 10/24/2025
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 27007
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.6
  • LeasedItems: None
  • TotalMonthlyIncome: 34547

Multi Family

  • Gross Scheduled Income: 414564
  • Net Operating Income: 229269
  • Number Of Units Total: 21
  • Insurance Expense: 17827
  • Leasable Area: 20053
  • EnergySource: Electric
  • UnitsInBuildingTotal: 21
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 47550

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $6,450,000 -- $322 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2422979

Northwest Multiple Listing Service (NWMLS)

APN: 00582000100401