Lynnwood WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,160
Status:
Active
Beds:
n/a
Year built:
1979
Baths:
MLS#:
2315035
Subdivision:
Lynnwood

ADDITIONAL INFORMATION

Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!

Type:
Multi-Family
Sq.Ft.:
4,128
Status:
Active
Beds:
n/a
Year built:
1987
Baths:
MLS#:
2301793
Subdivision:
Lynnwood

ADDITIONAL INFORMATION

This is a well maintained Fourplex in a great location. Property has a new roof and crawl space insulation (2024) New paint (2021). The seller has completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in bring rents to market. all units on month to month agreements. Four townhome style apartments. Each unit is two bedrooms, one- and one-half baths, washer dryer, dishwashers and disposers. Fully fenced with covered and uncovered parking for nine vehicles. Seller Financing offered.

Type:
Multi-Family
Sq.Ft.:
3,812
Status:
Active
Beds:
n/a
Year built:
1980
Baths:
MLS#:
2295523
Subdivision:
Alderwood

ADDITIONAL INFORMATION

Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans with each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building. Close to shopping, restaurants, etc. Long term tenants. Easy to rent. Low rents with opportunity to increase.

Type:
Multi-Family
Sq.Ft.:
2,288
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
2245186
Subdivision:
Lynnwood

ADDITIONAL INFORMATION

Welcome to this beautifully remodeled INCOME GENERATING duplex in Lynnwood! Property features 2 units, w/ their own separate entrance & plenty of updates! Perfect for an investor or single family living with an attached ADU. Unit A boasts a spacious living room w/ new flooring, newer paint, a modern kitchen w/ SS appliances, stone countertops, 3 beds & a renovated baths. You will find ample storage in the walk-in closets that are in each of the 3 bedrooms in unit A. Unit B offers a cozy living space w/ a stylish kitchen that features new cabinets, fixtures, and a comfortable 2 bedrooms. Both units have access to a shared backyard, perfect for outdoor entertaining. Fully rented out at $5700 per month for both units, A - $3500 unit B - $2200.

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Lynnwood Real Estate

The median home value in Lynnwood, WA is $731,500. This is higher than the county median home value of $702,400. The national median home value is $338,100. The average price of homes sold in Lynnwood, WA is $731,500. Approximately 50.35% of Lynnwood homes are owned, compared to 44.7% rented, while 4.95% are vacant. Lynnwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lynnwood real estate agent to arrange a tour today!

Lynnwood, Washington has a population of 38,812. Lynnwood is less family-centric than the surrounding county with 30.32% of the households containing married families with children. The county average for households married with children is 35.29%.

The median household income in Lynnwood, Washington is $67,576. The median household income for the surrounding county is $95,618 compared to the national median of $69,021. The median age of people living in Lynnwood is 39.6 years.

Lynnwood Weather

The average high temperature in July is 73.5 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 38.2 inches per year, with 3.7 inches of snow per year.

Lynnwood Real Estate Market Conditions

  • Median sales price

    $731,500
    14.8% change since last quarter
  • # Active listings

    110
    30-day change

Lynnwood Schools and Demographics

Education near Lynnwood, WA

Metric City County
High School Graduates 87.75 92.86
College Degree - 2 year 12.64 10.92
College Degree - 4 year 28.85 34.11
Graduate Degree 6.57 8.63
Expenditures per Student 17,718 17,718
Students per Teacher 18.9 18.9

Elementary Schools near Lynnwood, WA

School Grades Students P/T Ratio ZIP
Beverly Elementary School KG - 06 516 17.2 98037
Brier Elementary School KG - 06 434 18.2 98036
Canyon Creek Elementary School KG - 06 794 17.2 98021
Cedar Valley Community School KG - 08 419 14.6 98036
Cedar Way Elementary School KG - 06 448 17.7 98043
College Place Elementary School KG - 06 506 17 98036
Crystal Springs Elementary School KG - 06 621 16.2 98021
Eceap PK - PK 1 98037
Frank Love Elementary School PK - 06 689 16.7 98021
Hazelwood Elementary School KG - 06 513 16.4 98036
Hilltop Elementary School KG - 06 552 19.4 98036
Lockwood Elementary School KG - 06 551 17.6 98021
Lynndale Elementary School KG - 06 448 16 98036
Lynnwood Elementary School KG - 06 592 16.8 98037
Martha Lake Elementary School KG - 06 517 18.1 98037
Meadowdale Elementary School KG - 06 499 16.6 98037
Mountlake Terrace Elementary School KG - 06 445 15.6 98043
Oak Heights Elementary School KG - 06 550 17.9 98037
Picnic Point Elementary School KG - 05 563 17.5 98026
Serene Lake Elementary School KG - 05 440 16 98026
Shelton View Elementary School KG - 06 530 18.3 98021
Spruce Elementary School KG - 06 507 15 98037
Terrace Park Elementary KG - 08 368 18.4 98043

Middle Schools near Lynnwood, WA

School Grades Students P/T Ratio ZIP
Alderwood Middle School 07 - 08 714 19.3 98036
Brier Terrace Middle School 07 - 08 654 19.8 98036
Canyon Park Junior High School 07 - 09 793 21.7 98021
College Place Middle School 07 - 08 525 18.5 98036
Meadowdale Middle School 07 - 08 674 18.9 98037
Skyview Junior High School 07 - 09 907 20.6 98021

High Schools near Lynnwood, WA

School Grades Students P/T Ratio ZIP
Edmonds Career Access Program 09 - 12 305 98036
Edmonds Woodway High School 09 - 12 1,680 21.2 98026
Meadowdale High School 09 - 12 1,589 23.5 98037
Mountlake Terrace High School 09 - 12 1,270 21.4 98043

Ungraded Schools near Lynnwood, WA

School Grades Students P/T Ratio ZIP
* Edmonds Elearning Academy 09 - 12 82 14.4 98036
* Northshore Online School 09 - 12 18 98021
* Secondary Academy for Success 07 - 12 128 11 98021
Early Childhood Center PK - 01 152 13.4 98036
Northshore Networks KG - 12 166 23.1 98021
Northshore Special Services PK - 12 104 98021
Special Education Contracted 04 - 12 136 98036
Unassigned Special Education PK - 09 79 98036

Demographics near Lynnwood, WA

Metric City County
Neighborhood Type Suburban
Population 38,812 820,024
Population Density 4,966 393
Median Age 39.6 38.2
People per Household 2.5 2.7
Median Household Income 67,576 95,618
Average Income per Capita 34,452 44,338