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

1050 5th Ave S Edmonds, WA 98020

Pine Park Neighborhood

Estimated payment $38,295/month

Total Views 3,107
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: Pending
  • Prev Status: Pending
  • 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: Yes
  • Total Parking Spaces: 40

Utilities

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

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

Tax Info

  • Year: 2025
  • Tax Annual Amount: 47550

Multi Family

  • Number Of Units Total: 21
  • EnergySource: Electric
  • UnitsBelowGrade: false

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 List to Sale Price per Sq Ft
09/29/2025 09/29/25 Pending -- -- --
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

Washington Snohomish County Edmonds 98020 Pine Park

1050 5th Ave S, Edmonds, WA

This home is located at 1050 5th Ave S, Edmonds, WA 98020 and is currently priced at $6,450,000, approximately $321 per square foot. This property was built in 1978. 1050 5th Ave S is a home located in Snohomish County with nearby schools including Sherwood Elementary School, College Place Middle School, and Edmonds Woodway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Ryan Iles
Listing Agent
Ryan Iles
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Paragon Real Estate Advisors
(425) 671-6333