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Updated Historic Residential Income Property
For Sale
$2,200,000

116 4TH, Edmonds, WA 98020

1902 Victorian residence with a main home and separate cottage, both updated with modern mechanical improvements and decks.

Property Size2,995 SF
Price / SF$734.56
Days on Market118

Property Features for 116 4TH

General Information

Standard status Active
Size 2,995 SF
Property subtype Multi-family

Amenities

air conditioning
backyard deck/patio
rooftop deck
sweeping views of the Sound and Mountains

Building Details

Year Built 1902
Stories 3
Construction Victorian
Listing Agency: Windermere RE North,Inc.
Listed By: Tyler Echelbarger
Source: Century21northhomes
Added: May 19 Changed: Sep 12 Last Checked: Sep 12 at 11:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere RE North,Inc.

Investment Insights

Based on property information with market context.

This updated 1902 Victorian residential income property features a main home and a separate “Cottage.” The main house is described as the “Besson House,” built by Edmonds founder F. R. Beeson and added to the Edmonds Historic Registry in 2024. It includes 4 bedrooms and 1.75 baths with bright, open living spaces, a cozy living room, and a fully equipped kitchen. A spacious dining room with built-ins connects to a backyard deck/patio. The second level has 3 additional bedrooms and a full bath, and the third floor includes a “bird’s nest” area with sweeping Sound and Mountain views.

The property also includes the Cottage, described as a 790 sf unit with 2 beds and 1 bath, offering open living spaces and a kitchen. Updates noted include air conditioning, a newer furnace, newer hot water tank, a new water line, and updates to much of the plumbing and electrical. Outdoor space includes a backyard deck/patio and a rooftop deck.

Public remarks describe the home as located in the heart of Downtown Edmonds and the Creative District, with access to Main Street’s fountain and Farmers Market, plus nearby cafes, shops, galleries, restaurants, the ferry, and the beach.

Key Highlights

  • 1902 Victorian home known as the “Besson House,” built by Edmonds founder FR Beeson and added to the Edmonds Historic Registry in 2024
  • Main home offers 2,205 SF with 4 bedrooms and 1.75 baths, including a main‑floor bedroom and 1/2 bath
  • Second level includes 3 additional bedrooms and a full bath, plus Sound and Mountain views from the third‑floor “bird’s nest”

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,875
Businesses Nearby

Demographics for 98020, WA

20,236
Population
9,379
Households
2.2
Avg Household Size
52
Median Age
60%
College-Educated
98%
High-School Grad
5.2 sq mi
ZIP Area
3,892
Density / Sq Mi
$122,243
Median Household Income
$73,725
Median Earnings
$1,894
Median Rent
$959,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - 1902 Victorian residence with a main home and separate cottage, both updated with modern mechanical improvements and decks.
Where is this short term rental property located?
The property is located at 116 4TH Edmonds, WA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 1902 Victorian home known as the “Besson House,” built by Edmonds founder FR Beeson and added to the Edmonds Historic Registry in 2024; Main home offers 2,205 SF with 4 bedrooms and 1.75 baths, including a main‑floor bedroom and 1/2 bath; Second level includes 3 additional bedrooms and a full bath, plus Sound and Mountain views from the third‑floor “bird’s nest”
More about this property
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