PROPERTIES FOR SALE

318 3rd Avenue S Edmonds, WA 98026

NWMLS Courtesy of Paragon Real Estate Advisors
318 3rd Avenue S
Edmonds, WA 98026
$1,300,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Edmonds Bowl Triplex is being offered for the first time in over 45 years, presenting a rare opportunity to acquire a well-located asset in one of Edmonds’ most desirable neighborhoods. Seller financing is available for qualified buyers with flexible terms—please reach out for details. Ideally positioned in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront, this property offers exceptional walkability and long-term tenant appeal. Upper-level units feature attractive water, mountain, and territorial views, further enhancing desirability. The property showcases classic mid-century architecture centered around a private courtyard, creating a unique and inviting atmosphere for residents. Additional amenities include common laundry, storage, five off-street parking stalls, and a spacious two-car garage. This is a compelling value-add opportunity with clear upside through interior upgrades and operational improvements. With an irreplaceable location, strong existing fundamentals, and multiple paths to increased income, this offering is ideal for investors seeking stability, upside, and long-term appreciation.

Property Features

Community: Edmonds Bowl
Tri-plex
Exterior: Wood
Exterior: Wood Products
Roof: Flat
Year Built: 1962
2025 Taxes: $9311.00
Buyer Broker Comp.: 2.5
Listing #: 2521684

Lot Details

Lot Size: 0.20 acres
No. of Units: 3

Interior

Cooling: None
Heating: Baseboard
Electric

Common Features

Coin Op Laundry

Schools

District: Edmonds
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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