318 3rd Avenue S, Edmonds, WA 98026

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 4:19PM

Listing Office:

Paragon Real Estate Advisors : 206-623-8880

Listing Agent:

Will Douglas : 206-623-8880

MLS ID:

2521684

Interior

• Flooring: LaminateVinylCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: WoodWood Products
• Parking: Parking spaces: 7

Construction

• Roofing: Flat
• General: 53 - Tri-plexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Edmonds
• County: Snohomish

Lot

• Zoning: 00530400000600

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls