All homes

$1,225,000

318 3rd Avenue

Edmonds, WA 98026

Active

Beds

Baths

Sq Ft

Lot

0.20 ac

Year built

1962

Type

Residential Income

Days listed

20

MLS #

2570382

About this home

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.

Exterior features

WoodWood Products

Property details

Heating
Baseboard
Cooling
None
Flooring
Laminate, Vinyl, Carpet
Sewer
Sewer Connected

Costs

Annual taxes
$9,311 (2025)

Estimate your monthly payment

$6,970/mo

Principal & interest
$6,194
Property taxes
$776
Loan amount $980,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Edmonds, WA 98026

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Paragon Real Estate Advisors— Will Douglas.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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