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  • Listed by: Paragon Real Estate Advisors
    $1,300,000

    318 3rd Avenue S, Edmonds, WA 98026

    6beds
    4baths
    3,584sqft
    : 
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    Triplex
    Built in 1962
    -- sqft lot
    $1,249,900 Zestimate®
    $363/sqft
    $-- HOA

    What's special

    Common laundrySpacious two-car garagePrivate courtyardClassic mid-century architectureFive off-street parking stalls
    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.
    48 days
    |
    789
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Douglas,

    Paragon Real Estate Advisors,

    Ryan Iles,

    Paragon Real Estate Advisors

    Source: NWMLS as distributed by MLS GRID,MLS#: 2521684MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Flooring: Laminate, Vinyl, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 3,584
      • Total interior livable area: 3,584 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Garage
      • Garage spaces: 3
      • Uncovered spaces: 4
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: 00530400000600
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Tri-plex
      • Property subtype: Triplex
      Materials
      • Wood Siding, Wood Products
      • Foundation: Poured Concrete
      • Roof: Flat
      Condition
      • Year built: 1962

      Utilities & green energy

      • Sewer: Sewer Connected

      Community & HOA

      Community
      • Subdivision: Edmonds Bowl
      Location
      • Region: Edmonds

      Financial & listing details

      • Price per square foot: $363/sqft
      • Tax assessed value: $1,311,600
      • Annual tax amount: $9,311
      • Date on market: 5/12/2026
      • Cumulative days on market: 49 days
      • Listing terms: Conventional

        Estimated market value

        $1,249,900

        $1.19M - $1.31M

        $2,750/mo

        Price history

        DateEventPrice
        5/12/2026Listed for sale$1,300,000+792.3%$363/sqft
        Source: NWMLS as distributed by MLS GRID #2521684 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/1/2020Listing removed$2,000-4.8%$1/sqft
        Source: Owner Report a problem
        1/31/2020Listed for rent$2,100+6.3%$1/sqft
        Source: Owner Report a problem
        8/8/2019Listing removed$1,975$1/sqft
        Source: Owner Report a problem
        8/2/2019Listed for rent$1,975$1/sqft
        Source: Owner Report a problem
        6/3/2005Sold$145,697-64.9%$41/sqft
        Source: Public Record Report a problem
        1/7/2003Sold$415,000$116/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,311 +1.1%$1,311,600 +1.4%
        2023$9,207 +24.2%$1,294,100 +19.9%
        2022$7,413 -7.4%$1,079,600 +12.6%
        2021$8,004 +11.7%$958,400 +10.6%
        2020$7,163 -7.3%$866,600 +4.7%
        2019$7,726 $827,400 +0.9%
        2018-- $820,300 +34%
        2017$7,880 +27.9%$612,000 +5%
        2016$6,162 $583,000 +4%
        2015$6,162 -8.5%$560,500 -3%
        2013$6,738 $578,000
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- --
        2002-- --
        2001$3,866 -2.3%$304,000
        2000$3,959 $304,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98020

        Getting around

        89 / 100
        Very Walkable
        39 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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