324 3rd Avenue S, Edmonds, WA 98020

Edmonds
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: ryan iles, will douglas
Office: paragon real estate advisors
MLS#:2521636
Source:NWMLS
324 3rd Avenue S,Edmonds, WA 98020
$1,500,000
  • - Beds
  • - Baths
  • 3,750 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$400

About this home

Edmonds Bowl 5 Unit, offered for the first time in over 45 years and Ideally situated in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront. Sellers are open to Seller Financing terms from qualified buyers. Please reach out for terms. Upper-level units offer attractive water, mountain, and territorial views, enhancing overall tenant appeal. The building showcases a classic mid-century design centered around a private courtyard, creating a unique and inviting living environment. Residents benefit from a common laundry and storage area, while ample off-street parking is provided via five surface stalls and a spacious two-car garage. This asset presents a compelling value-add opportunity with clear pathways to increasing rental income through interior upgrades and operational improvements. With its irreplaceable location, strong in-place fundamentals, and multiple avenues for value creation, this offering is well-suited for investors seeking a stable,...

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Home facts

  • Year built:1959
  • Subdivision & Development:Edmonds Bowl
  • Listing ID #:2521636
  • Updated:August 13, 2026 at 11:47 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:3,750 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1959
  • Building area:3,750 sq. ft.
  • Lot area:0.2 Acres
  • Construction Materials:Brick Exterior Finish, Wood Exterior Finish, Wood Products Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$400
  • Tax amount:$11,443 (2025)

Parking

  • Total parking spaces:7
  • Garage:Yes
  • Garage spaces:2
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