$1,300,000
Est. $6,594/mo318 3rd Avenue S, Edmonds, WA 98026
• Listed 2026-05-12•17 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 3:25 PM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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.
Listed by Will Douglas • Paragon Real Estate Advisors
Listing updated: May 12, 2026 at 12:07pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2521684
5 recent nearby sales, priced between $400K and $799K.

$550,000Last sold price
434 3rd Avenue S #c204, Edmonds, WA 98020

$615,000Last sold price
600 Bell St. #101, Edmonds, WA 98020

$399,950Last sold price
1020 5th Avenue S #3, Edmonds, WA 98020
$7,894 per month
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Edmonds is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 22 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.