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Listed by:Paragon Real Estate Advisors • Will Douglas
$1,300,000
Est. payment /mo
6 Beds
4 Baths
3,584 SqFt
New
318 3rd AVE S Edmonds, WA 98026
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $362
Subdivision Edmonds Bowl
MLS Listing ID 2521684
Style 53 - Tri-plex
Bedrooms 6
Year Built 1962
Annual Tax Amount $9,311
Lot Size 8,712 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Garage Spaces 3.0
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry

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