$1,525,000
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.
2596969
MLS
⋅
ACTIVE
Status
300 Edmonds Street, Edmonds
Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com
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