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  • Listed by: 

    Alan Wileman,

    Pacific Crest,

    Ryan Pederson,

    COMPASS

    $4,200,000

    408 - 414 3rd Avenue S, Edmonds, WA 98020

    3beds
    2baths
    10,000sqft
    : 
    Multi Family
    Built in 1958
    -- sqft lot
    $3,931,100 Zestimate®
    $420/sqft
    $-- HOA

    What's special

    Coming to market for the first time in over 40 + years, this rare investment opportunity is located just two blocks from Downtown Edmonds - a highly coveted, prestigious and tightly held community. Marine View Apartments provide both new and experienced investors the chance to acquire a property in an unparalleled location. New owner(s) will benefit from the desirable proximity to Seattle while offering a more business-friendly environment with Snohomish County. With significant repositioning this investment is primed to capitalize on this desirable rental market.
    10 days
    on Zillow
    |
    832
    |
    13
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 02:13pm

    Listed by:

    Alan Wileman,

    Pacific Crest,

    Ryan Pederson,

    COMPASS

    Source: NWMLS,MLS#: 2357585MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 408 - 414 3rd Avenue S.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Hardwood, Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 10,000
    • Total interior livable area: 10,000 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 12
    • Parking features: Open
    • Uncovered spaces: 12
    Features
    • Has view: Yes
    • View description: Mountain(s), Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.49 Acres
    • Features: Adjacent to Public Land, Curbs, Paved, Sidewalk, Value In Land, Cable TV, Deck, Fenced-Partially
    Details
    • Parcel number: 27032300410200
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Siding
    • Roof: Composition
    Condition
    • Good
    • Year built: 1958

    Utilities & green energy

    • Electric: Company: Snohomish County PUD
    • Sewer: Sewer Connected, Company: Edmonds Sewer
    • Water: Public, Company: Edmonds Water
    • Utilities for property: Xfinity/Direct Tv, Xfinity

    Community & HOA

    Community
    • Subdivision: Downtown Edmonds
    Location
    • Region: Edmonds

    Financial & listing details

    • Price per square foot: $420/sqft
    • Annual tax amount: $20,277
    • Date on market: 4/15/2025
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 11 days
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