


318 3rd Avenue SEdmonds, WA 98026
Multi-Family · 6 Beds · 3,584 Sq. ft. | 0.20 Acres318 3rd Avenue S Overview
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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.
318 3rd Avenue S Facts & Features
- Type Multi-Family
- Sq. ft. 3,584
- Price/Sq.ft. $363
- Lot 0.20 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Edmonds
Income/Expenses
- Other Expense: 4379
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 80469
- Insurance Expense: 1591
- Net Operating Income: 58132
- Total Expenses: 21532
- Total Monthly Income: 6706
- Water/Sewer/Garbage: 6251
Building Information
- New Construction: No
- Year Built: 1962
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 730 - Southwest Snohomish
- Subdivision Name: Edmonds Bowl
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $9,311.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, Owner Will Carry
- Parcel Number: 00530400000600
- Possible Use: Multi-Family
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 3
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3584
- Building Area Units: Square Feet
- Calculated Square Footage: 3584
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3584
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 7
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.2
- Lot Size Square Feet: 8712
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Triplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 3
- Exterior Features: Wood, Wood Products
- Number Of Units Total: 3
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1750
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1800
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 2300
- Beds Total: 2
- Baths Total: 2
318 3rd Avenue S Neighborhood
Community
98026 (Edmonds) Demographics
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.318 3rd Avenue S Monthly Cost
318 3rd Avenue S Market Data
Based on the last 30 days in this zip code
318 3rd Avenue S History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: NWMLS | May 12, 2026 |


























