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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 (2019):

  • Population: 39,379
  • Owner Occupied Housing Units: 7,989
  • Median Age: 38.5
  • Median Home Value: $368,459
  • Number of Households: 15,346
  • Renter Occupied Housing Units: 7,357
  • Median Household Income: $63,275
  • Average Household Size: 2.53

 

 

Newest Multi-Family Listings Near Lynnwood:

19415 N Danvers Road Unit #A & B, Lynnwood image
19415 N Danvers Road Unit #A & B, Lynnwood — Alderwood Manor 05 $1,395,000

RARE OPPORTUNITY FOR A HOMEOWNER. Home on 1.76 acres zoned LDMR. Tucked away on a quiet & private road in a gorgeous setting! Within you'll find a Duplex w/vaulted ceilin...

  • 2049473 MLS
  • ACTIVE Status
Courtesy of HomeSmart One Realty

Listing courtesy of HomeSmart One Realty.

1519 Walnut Street, Everett image
1519 Walnut Street, Everett — Riverdale Addition $1,100,000

Newer 4 plex (public record shows 2015, but actual completion w/certificate of occupancy in 2018) in town of N.Everett. Each unit 3 bed/1.5 ba wlaundry room. Open floor p...

  • 2045605 MLS
  • ACTIVE Status
Courtesy of John L. Scott, Inc.

Listing courtesy of John L. Scott, Inc..

509 Dayton Street, Edmonds image
509 Dayton Street, Edmonds $2,500,000

City of Edmonds “Established August 11th, 1890 and now known as one of Snohomish County’s Premier waterfront cities. This unique property still stands as a 1904 Duplex j...

  • 2046725 MLS
  • ACTIVE Status
Courtesy of Keller Williams Realty Bothell

Listing courtesy of Keller Williams Realty Bothell.

1320 Chestnut Street, Everett image
1320 Chestnut Street, Everett $950,000

Chestnut Court Apartments is a 2-story, townhouse style complex situated along the I-5 corridor in Everett, Wa. Built in 1986, the offering is a 4-Plex comprised of spaci...

  • 2048448 MLS
  • ACTIVE Status
Courtesy of Westlake Associates, Inc.

Listing courtesy of Westlake Associates, Inc..

11929 Alexander Road, Everett image
11929 Alexander Road, Everett $849,500

Great Duplex Investment! Well-maintained duplex with large two-story Townhouse Style units with 1,600 SF each. Both units feature 3 bedrooms, 2.5 bathrooms, open living r...

  • 2047797 MLS
  • ACTIVE Status
Courtesy of eXp Realty

Listing courtesy of eXp Realty.

3125 201st Place SW, Lynnwood image
3125 201st Place SW, Lynnwood $749,000

Great investment opportunity in an accessible Alderwood location! Rambler-style, side by side duplex on a large .4 acre lot, just minutes to I-5 / I-405. Each unit has 2 ...

  • 2043723 MLS
  • ACTIVE Status
Courtesy of SASH Realty

Listing courtesy of SASH Realty.

3512 Grand Ave, Everett image
3512 Grand Ave, Everett $1,100,000

Investors, take note of this remarkable investment opportunity! A charming Old Timber Baron Mansion is now a Rucker Hill Victorian 4-plex offers 3181 square feet of spaci...

  • 2042796 MLS
  • ACTIVE Status
Courtesy of Gilpin Realty, Inc.

Listing courtesy of Gilpin Realty, Inc..

6302 Broadway, Everett image
6302 Broadway, Everett — Pinehurst Division $973,500

Profitable turnkey 4-plex in the Pinehurst neighborhood in Everett offering great mountain views! This property has provided a consistently low vacancy rate with long-ter...

  • 2033945 MLS
  • ACTIVE Status
Courtesy of John L. Scott Mill Creek

Listing courtesy of John L. Scott Mill Creek.

2011 Madison Street, Everett image
2011 Madison Street, Everett $1,250,000

Character-rich, value-add site awaits selective owner/investor to create immediate equity and community. 6% + pro forma cap for existing building only, with additional la...

  • 2026483 MLS
  • ACTIVE Status
Courtesy of Windermere Real Estate Midtown

Listing courtesy of Windermere Real Estate Midtown.

2519 Pine Street, Everett image
2519 Pine Street, Everett — Miley Land Co 4th Add To Everett $580,000 ▲

Excellent opportunity near Downtown Everett! Vintage charm and highly functional, this duplex has had long term tenants for years. Both units have their own gated entry, ...

  • 2008477 MLS
  • ACTIVE Status
Courtesy of Keller Williams Greater Seattl

Listing courtesy of Keller Williams Greater Seattl.

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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