Active · Residential Income

318 3rd Avenue S, Edmonds, WA 98026

Edmonds, WA 98026

$1,225,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Paragon Real Estate Advisors · MLS #2570382 · Active

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About this property

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 details

Property type: Multi Family
Year built: 1962
Lot size: 8,712 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $9,311 (2025)
Parking spaces: 7
School district: Edmonds

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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