$1,525,000
Est. $8,381/mo3,138 sq ft
300 Edmonds Street, Edmonds, WA 98020
• Listed Oct 22, 2026•New today
Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com
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Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com
About this home
Tartan Apartments is a well-located four-unit apartment opportunity in the heart of the highly desirable Edmonds Bowl. Situated on a prominent corner lot at Edmonds St and 3rd Ave N, just two blocks from Main Street, the property sits in one of the tightest and most sought-after submarkets in the region, where inventory remains extremely limited and small multifamily assets rarely trade. With a Walk Score of 84, residents enjoy exceptional walkability to Downtown Edmonds' shops, restaurants, and waterfront. Built in 1965, the single-story wood frame and brick building features an attractive unit mix consisting of 2 - two-bedroom, one-bathroom units (approximately 870 SF) and 2 - one-bedroom, one-bathroom units (approximately 700 SF). Every unit includes an in-unit washer and dryer, a full kitchen appliance package, and dual-pane vinyl windows, while the single-level layout gives each resident ground-level access, a rare and highly marketable feature in the downtown core. The building is plumbed with copper, topped with a pitched composition shingle roof, and offers five off-street parking stalls, more than one per unit. This asset presents a compelling value-add opportunity, with in-place rents trailing market and a clear path to increasing income through unit turnover and light interior updates.
Listed by Will Douglas • Paragon Real Estate Advisors
Listing updated: October 22, 2026 at 01:45pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2596969
Around this home
How much should you offer?
300 Edmonds Street, Edmonds, WA 98020
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 4-Plex
Flooring
- Laminate
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDigger- Edmonds ElementaryPublic · Grades PK-6 · 0.8 mi · State rank 236 of 1,1388/10
- College Place Middle SchoolPublic · Grades 7-8 · 2.0 mi · State rank 191 of 5146/10
- Scriber Lake High SchoolPublic · Grades 9-12 · 1.9 mi · State rank 299 of 3962/10
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.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 4
- Units in building
- 4
- Units below grade
- false
- Building square feet
- 3,138 sq ft
Income & expenses
- Gross scheduled income
- $91,440
- Total monthly income
- $7,620
- Additional monthly income
- $350
- Gross adjusted income
- $88,697
- Net operating income
- $63,450
- Cap rate
- 4.16%
- Gross rent multiplier
- 16.68
- Vacancy rate
- 3%
- Total expenses
- $25,247
- Insurance
- $3,376
- Other expenses
- $4,600
- Water / sewer / garbage paid by
- 7713
Parking & storage
- Parking spaces
- 5
- Uncovered parking
- 5
Taxes & assessment
- Annual taxes
- $9,558
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 300 Edmonds Street
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 22, 2026ListedNWMLS via MLS Grid · #2596969$1,525,000$486/sq ft
- Jul 13, 2016SoldNWMLS via MLS Grid · #958423$1,050,000$335/sq ft
- Jun 16, 2016PendingNWMLS via MLS Grid · #958423$1,000,000$319/sq ft
- Jun 10, 2016ListedNWMLS via MLS Grid · #958423$1,000,000$319/sq ft
Mortgage payment forecast
$9,559 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com
Market pulse
Edmonds is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 67 days.
Recent sales nearby
Within 1 mile · last 6 months$1,375,000 Sold
1 week ago
3 bd•2.75 ba•~3,044 sq ft•Single Family
809 Spruce Place, Edmonds, WA 98020
8%
Under list
99
Days on market
0.7 mi
Distance
$2,600,000 Sold
3 weeks ago
5 bd•3.25 ba•~3,267 sq ft•Single Family
715 Spruce Street, Edmonds, WA 98020
0%
Over list
21
Days on market
0.6 mi
Distance
$1,375,000 Sold
3 weeks ago
•Single Family
642 Maple Street, Edmonds, WA 98020
2%
Under list
34
Days on market
0.4 mi
Distance
$2,375,500 Sold
4 weeks ago
4 bd•2.25 ba•~4,122 sq ft•Single Family
231 Skyline Drive, Edmonds, WA 98020
1%
Under list
28
Days on market
1.0 mi
Distance
$2,500,000 Sold
4 weeks ago
5 bd•3 ba•~3,876 sq ft•Single Family
227 Highland Drive, Edmonds, WA 98020
7%
Under list
44
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 22, 2026 at 7:25 PM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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