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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:

3426 Oakes Avenue, Everett image
3426 Oakes Avenue, Everett $1,499,000

Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifam...

  • 2558436 MLS
  • ACTIVE Status
Courtesy of Gilpin Realty, Inc.

Listing courtesy of Gilpin Realty, Inc..

23116 80th Place W, Edmonds image
23116 80th Place W, Edmonds $999,950

Beautifully updated split-level home offering flexibility, comfort, and income potential! Upper level features 3 bedrooms, 2 bathrooms, a stylish kitchen with quality fin...

  • 2558470 MLS
  • ACTIVE Status
Courtesy of John L. Scott, Inc.

Listing courtesy of John L. Scott, Inc..

8509 244th Street SW, Edmonds image
8509 244th Street SW, Edmonds — Hanburys Sound View $7,150,000

The Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential communit...

  • 2555202 MLS
  • ACTIVE Status
Courtesy of The Preview Group

Listing courtesy of The Preview Group.

3330 Rucker Avenue, Everett image
3330 Rucker Avenue, Everett — Downtown Everett $995,000

Downtown Everett Tri-plex. 3 units. Excellent investment opportunity in the heart of Downtown Everett. This well-maintained tri-plex features two distinct structures on o...

  • 2552470 MLS
  • ACTIVE Status
Courtesy of Pacific Northwest Realty

Listing courtesy of Pacific Northwest Realty.

3210 Grand Avenue, Everett image
3210 Grand Avenue, Everett $825,000 ▲

Well-positioned Grand Ave fourplex in the heart of Everett, just minutes from the waterfront, downtown Everett, Providence, transit, restaurants, and commuter routes. Ori...

  • 2527393 MLS
  • ACTIVE Status
Courtesy of Keller Williams Realty Bothell

Listing courtesy of Keller Williams Realty Bothell.

116 4th Avenue N, Edmonds image
116 4th Avenue N, Edmonds — Fourth Avenue North Condominium $2,200,000

Investors!!! A Lucrative Airbnb Grossing +/- $16,700 per month on average. Welcome to the heart of Downtown Edmonds and this beautifully updated 1902 Victorian blending...

  • 2550638 MLS
  • ACTIVE Status
Courtesy of Windermere RE North, Inc.

Listing courtesy of Windermere RE North, Inc..

2519 Baker Avenue, Everett image
2519 Baker Avenue, Everett $1,150,000

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Eve...

  • 2547331 MLS
  • ACTIVE Status
Courtesy of Opal Blue Real Estate, LLC

Listing courtesy of Opal Blue Real Estate, LLC.

2232 Hoyt Avenue, Everett image
2232 Hoyt Avenue, Everett $1,195,000

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks fr...

  • 2547568 MLS
  • ACTIVE Status
Courtesy of Opal Blue Real Estate, LLC

Listing courtesy of Opal Blue Real Estate, LLC.

5610 Rockefeller Avenue Unit #2 & 3, Everett image
5610 Rockefeller Avenue Unit #2 & 3, Everett $1,100,000

Rare opportunity to own a newly constructed Everett duplex structured as a condominium, offering two separately platted units with individual tax parcels. This unique set...

  • 2546295 MLS
  • ACTIVE Status
Courtesy of RE/MAX Town Center

Listing courtesy of RE/MAX Town Center.

5113 S 4th Avenue, Everett image
5113 S 4th Avenue, Everett $725,000

Turnkey duplex with side-by-side units in Everett's Lowell neighborhood offering mountain, river, and territorial views in a private, peaceful setting. Each unit features...

  • 2544459 MLS
  • ACTIVE Status
Courtesy of eXp Realty

Listing courtesy of eXp Realty.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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