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, well-located asset with significant long-term growth potential.
Active
Listed by: Paragon Real Estate Advisors • Ryan Iles
$1,350,000
324 3rd Avenue S, Edmonds, WA 98020
7beds
5baths
3,750sqft
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$360/sqft
$-- HOA
What's special
Classic mid-century designSpacious two-car garagePrivate courtyard
- --
- on Zillow
- 535
- views
- 33
- saves
Zillow last checked:
Listing updated:
Listed by:
Ryan Iles,
Paragon Real Estate Advisors,
Will Douglas,
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID,MLS#: 2570351
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 5
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 00530400000700
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Brick, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Edmonds Bowl
Location
- Region: Edmonds
Financial & listing details
- Price per square foot: $360/sqft
- Tax assessed value: $1,493,600
- Annual tax amount: $11,443
- Date on market: 8/17/2026
Estimated market value
Not available
Estimated sales range
Not available
$5,102/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $1,350,000+107.7%$360/sqft |
Source: | ||
| 7/20/2007 | Sold | $650,000$173/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,297 +13.3% | $1,493,600 -2.3% |
| 2024 | $10,853 +4.4% | $1,528,800 +4.6% |
| 2023 | $10,397 +7.9% | $1,461,300 +4.1% |
| 2022 | $9,639 -8.6% | $1,403,900 +11.2% |
| 2021 | $10,545 +10.2% | $1,262,700 +9% |
| 2020 | $9,572 +4.2% | $1,158,100 +17.7% |
| 2019 | $9,187 | $983,800 +15.7% |
| 2018 | -- | $850,000 +0.4% |
| 2017 | $8,917 +15.1% | $847,000 +10.6% |
| 2016 | $7,750 | $766,000 +8.7% |
| 2015 | $7,750 -3.1% | $705,000 +2.7% |
| 2013 | $8,002 | $686,500 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $4,671 | $367,300 |
Find assessor info on the county website
Monthly payment
Est. payment






