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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:

2315 Grand Avenue, Everett image
2315 Grand Avenue, Everett — Bayside $684,950

View! View! View! Beautiful Puget Sound and Olympic Mountain views from each unit in this Grand Avenue Tri-Plex. Detached garage off alley provides covered parking. Stora...

  • 2160514 MLS
  • ACTIVE Status
Courtesy of Daily Realty Group LLC

Listing courtesy of Daily Realty Group LLC.

2431 Pine Street, Everett image
2431 Pine Street, Everett — Miley Land Co 3rd Add to Everett $649,000

Great income-producing legal duplex near downtown Everett close to I-5 and amenities. Nice big corner lot with off street parking. This has always been constantly rented ...

  • 2157997 MLS
  • ACTIVE Status
Courtesy of HomeSmart Real Estate Assoc

Listing courtesy of HomeSmart Real Estate Assoc.

5911 200th Street SW, Lynnwood image
5911 200th Street SW, Lynnwood $2,350,000

Rare opportunity to own a quality 5 plex in a great location close to the new light rail station. New ext. paint and new Hardie siding on south side. Room to raise rents ...

  • 2162526 MLS
  • ACTIVE Status
Courtesy of Coldwell Banker Bain

Listing courtesy of Coldwell Banker Bain.

2601 Oakes Avenue, Everett image
2601 Oakes Avenue, Everett — 2601 Oakes Avenue $995,000

*Potential Seller Financing Available* 2601 Oakes Ave offers residents a 95 walk score with ample access to downtown Everett and local commuting/transportation routes. Th...

  • 2161588 MLS
  • ACTIVE Status
Courtesy of Lee & Associates Commercial RE

Listing courtesy of Lee & Associates Commercial RE.

2607 Walnut Street, Everett image
2607 Walnut Street, Everett $629,000

"Double Your Investment Potential! This duplex is the key to building wealth through real estate." Welcome to this 1,908 square foot entry level duplex includes 4 bedroom...

  • 2160251 MLS
  • ACTIVE Status
Courtesy of Skyline Properties, Inc.

Listing courtesy of Skyline Properties, Inc..

3721 Hoyt Avenue, Everett image
3721 Hoyt Avenue, Everett $1,750,000

A great opportunity to own a fully turn key property in Everett! Fully Renovated 5 Unit in the great neighborhood of Port Gardner. A healthy unit mix consisting of four 2...

  • 2159564 MLS
  • ACTIVE Status
Courtesy of Kidder Mathews

Listing courtesy of Kidder Mathews.

6008 Kenwood Drive, Everett image
6008 Kenwood Drive, Everett — Flintstone Terrace $598,000

Don't miss your chance to enter the real estate investment world at an affordable price point. With some strategic updates, you can instantly enhance the property's value...

  • 2157165 MLS
  • ACTIVE Status
Courtesy of Windermere R E Mount Baker

Listing courtesy of Windermere R E Mount Baker.

2011 Madison Street, Everett image
2011 Madison Street, Everett $1,150,000

Instant equity awaits savvy investor at this multiple strategy value-add site. 5% cap with significant upside. Two-story mixed-use building with three 1-bedroom apartment...

  • 2156193 MLS
  • ACTIVE Status
Courtesy of Windermere Real Estate Midtown

Listing courtesy of Windermere Real Estate Midtown.

3221 Hoyt Avenue, Everett image
3221 Hoyt Avenue, Everett — EVERETT PLAT OF $829,999 ▼

**TWO HOUSES ONE LOT** Welcome to the property that once graced the pages of Cottages and Bungalows Magazine! This bright and airy 3 bed/2 bath, 2-story home exudes craft...

  • 2156334 MLS
  • ACTIVE Status
Courtesy of North Pacific Properties

Listing courtesy of North Pacific Properties.

3212 Oakes Avenue, Everett image
3212 Oakes Avenue, Everett $629,950 ▼

Adorable fully remodeled legal duplex in the heart of downtown Everett! Walk to shops, restaurants, farmer's markets and concerts in minutes. Duplex has 2 separate stru...

  • 2152175 MLS
  • ACTIVE Status
Courtesy of Sound Point Real Estate LLC

Listing courtesy of Sound Point Real Estate LLC.

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. Data last updated at .

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