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
$1,500,000
324 3rd Avenue S, Edmonds, WA 98020
7beds
5baths
3,750sqft
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$400/sqft
$-- HOA
What's special
Classic mid-century designSpacious two-car garagePrivate courtyard
- 44 days |
- 678 |
- 20 |
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#: 2521636
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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: $400/sqft
- Tax assessed value: $1,528,800
- Annual tax amount: $11,443
- Date on market: 5/12/2026
- Cumulative days on market: 45 days
Estimated market value
Not available
Estimated sales range
Not available
$3,863/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $1,500,000+130.8%$400/sqft |
Source: | ||
| 7/20/2007 | Sold | $650,000$173/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | $367,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 9/10Sherwood Elementary SchoolGrades: K-6Distance: 1.2 mi
- 4/10College Place Middle SchoolGrades: 7-8Distance: 2.2 mi
- 6/10Edmonds Woodway High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Snohomish County
- Edmonds
- 98020
- 324 3rd Avenue S






