Listed by Ryan Iles, Paragon Real Estate Advisors, (206) 623-8880
324 3rd Avenue S
Edmonds, WA 98020
- 7 Beds
- 5 Baths
- 3,750 sqft
7 Beds
5 Baths
3,750 sqft
Local Information
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Description
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$400
Listed
12 days ago
Last check for updates: about 2 hours ago
Listing courtesy of Ryan Iles
Paragon Real Estate Advisors
Will Douglas
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID, MLS#2521636

Home Details for 324 3rd Avenue S
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 3750 Square Feet |
Heating & Cooling Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Laminate, Vinyl, Carpet |
Levels, Entrance, & Accessibility Number of Stories: 2Floors: Laminate, Vinyl, Carpet |
View No View |
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Exterior Home Features Roof: CompositionFoundation: Poured Concrete |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 5No CarportGarageNo Open ParkingParking Spaces: 7Parking: Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 3Days on Market: 12 |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: 5-9 Units |
Building Construction Materials: Brick, Wood Siding, Wood Products |
Property Information Usage of Home: Multi-FamilyParcel Number: 00530400000700 |
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Price List Price: $1,500,000Price Per Sqft: $400 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: EdmondsCommunity: Edmonds Bowl |
School Information High School District: Edmonds |
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Listing Agent Listing ID: 2521636 |
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Building Area Building Area: 3750 Square Feet |
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Not Senior CommunityUnits in Building: 5 |
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HOA Fee: No HOA Fee |
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Lot Area: 8712 sqft |
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Special Conditions: Standard |
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Mls Number: 2521636Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Listing Office |
Price History for 324 3rd Avenue S
| Date | Price | Event | Source |
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| 05/12/2026 | $1,500,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2521636 |
| 07/20/2007 | $650,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $10,853 |
| Assessment | $1,528,800 |
Home facts updated by county records
Comparable Sales for 324 3rd Avenue S
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $1,450,000 | 05/18/26 | 8 | 6 | 4,302 | |
1.82 | Multi-Family Home | $985,000 | 12/11/25 | 6 | 4 | 2,694 | |
0.43 | Multi-Family Home | $6,000,000 | 10/24/25 | 30 | 31 | 20,053 | |
2.91 | Multi-Family Home | $820,000 | 05/15/26 | 5 | 3 | 2,268 | |
3.30 | Multi-Family Home | $995,000 | 08/19/25 | 6 | 6 | 3,600 | |
3.07 | Multi-Family Home | $765,000 | 05/01/26 | 4 | 2 | 2,436 | |
3.31 | Multi-Family Home | $1,812,500 | 05/13/26 | 13 | 8 | 5,220 | |
3.96 | Multi-Family Home | $919,000 | 02/27/26 | 5 | 3 | 2,760 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 324 3rd Avenue S.
What Locals Say about Edmonds
At least 260 Trulia users voted on each feature.
93 % Say it's dog friendly
80 % Say parking is easy
78 % Say car is needed
76 % Say there's holiday spirit
71 % Say yards are well-kept
69 % Say people would walk alone at night
68 % Say it's walkable to restaurants
66 % Say it's quiet
64 % Say it's walkable to grocery stores
63 % Say streets are well-lit
61 % Say there are sidewalks
59 % Say they plan to stay for at least 5 years
58 % Say there's wildlife
57 % Say neighbors are friendly
57 % Say kids play outside
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ryan Iles, Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 2026-05-25 05:48:45 PDT. 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
324 3rd Avenue S, Edmonds, WA 98020 is a 7 bedroom, 5 bathroom, 3,750 sqft multi-family built in 1959. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on May 12, 2026. The MLS # for this home is MLS# 2521636.

