Lynnwood, Washington

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Lynnwood is a city in Snohomish County, Washington. The city is part of the Seattle metropolitan area and is located 16 miles north of Seattle and 13 miles south of Everett. Lynnwood is a great city to own investment properties. Home to Alderwood shopping center and close to major employers, Duplexs, triplexes, fourplexes, and multi-unit apartment buildings for sale in Lynnwood are affordable and can bring in a great return. Multi-family rental properties in Lynnwood can usually be purchased at a 5% Cap Rate, 11.5 Gross Rent Multiplier, and $100,000 per unit. 

Lynnwood, Washington Demographics:

  • Population: 18,225
  • Owner Occupied Housing Units: 3,299
  • Median Age: 36.6
  • Median Home Value: $293,370
  • Number of Households: 7,346
  • Renter Occupied Housing Units: 4,047
  • Median Household Income: $49,040
  • Average Household Size: 2.4



Newest Multi-Family Listings Near Lynnwood:

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