Listing provided courtesy of HomeSmart One RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2536626MLS Provider

1254 8th Avenue SEdmonds, WA 98020

Multi-Family · 4 Beds · 2,580 Sq. ft. | 0.16 Acres
$1,200,000 Active

1254 8th Avenue S Overview

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Rare generational investment opportunity in the heart of the highly sought-after Edmonds Bowl! This grandfathered triplex has been lovingly held for years and is a truly uncommon offering in one of the area's most desirable coastal communities. Multi-family properties of this caliber rarely come to market. This well-maintained property is in great condition and features updated countertops in all three units. The unit mix includes one 1-bedroom+ office/1-bath unit and two 1Bed/1Bath Unit three 2-bedroom/1-bath, providing strong rental appeal and excellent income potential. Live in one unit and rent the other two, or maximize cash flow by leasing all three units. With a strong rental history and low vacancy risk, this triplex represents a premium investment opportunity in a high-demand market. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking supplemental income. Seller will consider owner financing for qualified buyers. Ideally located within walking distance of downtown Edmonds, the waterfront, ferry terminal, beaches, restaurants, boutiques, and the popular Farmers Market. Convenient access to Highway 99, I-5, and near Boeing.

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1254 8th Avenue S Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,580
  • Price/Sq.ft. $465
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Edmonds
  • Elementary School: Sherwood ElemSw
  • Middle Or Junior School: College Pl Mid
  • High School: Edmonds Woodway High

Income/Expenses

  • Other Expense: 500
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 53400
  • Insurance Expense: 1776
  • Net Operating Income: 36940
  • Total Expenses: 16460
  • Total Monthly Income: 4450
  • Water/Sewer/Garbage: 6994

Building Information

  • New Construction: No
  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 730 - Southwest Snohomish
  • Subdivision Name: Edmonds Bowl

Community/Development

  • Amenities: Basement

Tax Information

  • Tax Annual Amount: $7,190.00
  • Tax Year: 2026

General Information

  • Listing Terms: Conventional, FHA, Owner Will Carry
  • Parcel Number: 27032500304000
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Possible: 4
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2580
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2580
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Vinyl, Carpet
  • Foundation Details: Block
  • Heating: Yes
  • Leasable Area: 2580
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved, Sidewalk
  • Lot Size Acres: 0.1602
  • Lot Size Square Feet: 6979
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Triplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1350
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1350
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1750
  • Beds Total: 1
  • Baths Total: 1

1254 8th Avenue S Neighborhood

Community

98020 (Edmonds) Demographics

49
Median Age
3,108
Population Density (per sq. mile)
67%
College Educated
$95,682
Estimated Median Income
6,403
Estimated Total Home Owners
2,187
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1254 8th Avenue S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1254 8th Avenue S Market Data

Based on the last 30 days in this zip code

$1,805,978
Average List Price
$719
Average Price per Square Foot
29
Properties Sold
46
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

1254 8th Avenue S History

Date Event Value Agent
6/19/2026Source: NWMLS Status Change
Active
6/17/2026Source: NWMLS Status Change
Pending Inspection
6/12/2026Source: NWMLS Added to Database
June 12, 2026