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.
Active
Listed by: Paragon Real Estate Advisors • Will Douglas
$1,225,000
318 3rd Avenue S, Edmonds, WA 98026
6beds
4baths
3,584sqft
Triplex, Multi Family
Built in 1962
-- sqft lot
$1,184,800 Zestimate®
$342/sqft
$-- HOA
What's special
Common laundrySpacious two-car garagePrivate courtyardClassic mid-century architectureFive off-street parking stalls
- --
- on Zillow
- 466
- views
- 22
- saves
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#: 2570382
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, Multi Family
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: $342/sqft
- Tax assessed value: $1,311,600
- Annual tax amount: $9,311
- Date on market: 8/17/2026
- Listing terms: Conventional
Estimated market value
$1,184,800
$1.13M - $1.24M
$3,135/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $1,225,000+740.8%$342/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/1/2020 | Listing removed | $2,000-4.8%$1/sqft |
Source: Owner Report a problem | ||
| 1/31/2020 | Listed for rent | $2,100+6.3%$1/sqft |
Source: Owner Report a problem | ||
| 8/8/2019 | Listing removed | $1,975$1/sqft |
Source: Owner Report a problem | ||
| 8/2/2019 | Listed for rent | $1,975$1/sqft |
Source: Owner Report a problem | ||
| 6/3/2005 | Sold | $145,697-64.9%$41/sqft |
Source: Public Record Report a problem | ||
| 1/7/2003 | Sold | $415,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,520 +13% | $1,311,600 |
| 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






