$1,350,000
Est. $6,948/mo324 3rd Avenue S, Edmonds, WA 98020
• Listed 2026-08-17•New today
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Based on information submitted to the MLS GRID as of August 17, 2026 at 02:13pm (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 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.
Listed by Ryan Iles • Paragon Real Estate Advisors
Listing updated: August 17, 2026 at 02:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2570351
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324 3rd Avenue S, Edmonds, WA 98020
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Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 7 days.
$1,850,000 Sold
3 months ago
4 bd•3.5 ba•~2,548 sq ft•Single Family
712 Alder Street, Edmonds, WA 98020
3%
Under list
—
Days on market
0.4 mi
Distance
$1,890,000 Sold
3 months ago
4 bd•2.5 ba•~2,755 sq ft•Single Family
217 9th Avenue S, Edmonds, WA 98020
5%
Under list
—
Days on market
0.7 mi
Distance
$1,450,000 Sold
3 months ago
•Single Family
533 4th Avenue S #1-6, Edmonds, WA 98020
22%
Under list
—
Days on market
0.2 mi
Distance
$2,330,000 Sold
3 months ago
4 bd•2.75 ba•~2,948 sq ft•Single Family
612 View Place, Edmonds, WA 98020
11%
Over list
—
Days on market
0.6 mi
Distance
$2,400,000 Sold
3 months ago
3 bd•2.75 ba•~1,849 sq ft•Single Family
216 Caspers Street, Edmonds, WA 98020
14%
Under list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
