408 – 414 3rd Avenue S -3543 Edmonds WA 98020 MLS #NWM2357585

Listing Provided Courtesy of Pacific Crest
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.

Property Details

Price:
$4,200,000
MLS #:
NWM2357585
Status:
Active
Beds:
0
Baths:
0
Address:
408 – 414 3rd Avenue S -3543
Type:
Multi Family
Subdivision:
Downtown Edmonds
Neighborhood:
730 – Southwest Snohomish
City:
Edmonds
Listed Date:
Apr 16, 2025
State:
WA
Finished Sq Ft:
10,000
Total Sq Ft:
10,000
ZIP:
98020
Lot Size:
21,344 sqft / 0.49 acres (approx)
Year Built:
1958
Units:
2

Schools

School District:
Edmonds
Elementary School:
Sherwood ElemSw
Middle School:
College Pl Mid
High School:
Edmonds Woodway High

Interior

Cooling
None
Flooring
Hardwood, Laminate
Heating
Baseboard

Exterior

Construction Materials
Brick, Wood
Exterior Features
Brick, Wood
Parking Spots
12
Roof
Composition

Financial

Net Operating Income
$244,762
Tax Year
2025
Taxes
$20,277

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408 – 414 3rd Avenue S -3543
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