Rockhood
$1,350,000List price
Active

324 3rd Avenue S · Edmonds, WA 98020

Source: NWMLS · Paragon Real Estate Advisors · Ryan Iles #NWM2570351

About this home

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.

Location

Basics

Property type
Multi Family
Style
5-9 Units
Stories
2 stories
Year built
1959
Building area
3,750 sq ft
Lot size
8,712 sq ft (0.2 acres)
County
Snohomish
MLS #
NWM2570351

Interior

Heating
Baseboard
Cooling
None
Flooring
Laminate, Vinyl, Carpet

Exterior & lot

Exterior features
Brick, Wood, Wood Products
Roof
Composition
Foundation
Poured Concrete
Waterfront
No

Parking

Parking spaces
7
Garage
2
Covered spaces
2

Utilities

Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Edmonds Bowl
Property tax
$11,443 (2025)

Transaction

Listed on
Aug 17, 2026
Days on market
128
Listing terms
Cash
Possession
Closing, Subject To Tenant Rights

More homes nearby

Schools

School district: Edmonds

High
Edmonds Woodway High School
SchoolDigger 4 stars · Top 22% in WA

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Listing provided courtesy of: Paragon Real Estate Advisors

Listing agent: Ryan Iles.

Based on information submitted to the MLS GRID as of . 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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-18.