Townhouse-Style 6-Unit
211 Maple Lynden, WA 98264
For Sale
$1,250,000
Six townhouse-style units each feature 2 beds and 1 bath with private patios and access to a shared coin-op laundry room.
Property Size4,750 SF
Price / SF$263.16
Days on Market121
Property Features for 211 Maple
General Information
- Standard status
- Active
- Size
- 4,750 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1974
Listing Agency:
Bellwether Real Estate
Listed By:
Renae Ingraham
(360) 424-2100
Source:
Century21northhomes
Added: Mar 29
Changed: Jul 22
Last Checked: Jul 27 at 12:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellwether Real Estate
Investment Insights
Based on property information with market context.
This well-maintained 6-unit multifamily property includes townhouse-style units with 2 bedrooms and 1 bathroom each. Each unit has a private patio and a storage locker, and the interiors feature updated vinyl flooring, with some units also having new interior paint and flooring. The property also has a shared coin-op laundry room that has been refreshed with new paint and flooring, along with a large locked storage room for owner use.
The building sits at the end of a quiet dead-end street and includes a large off-street parking lot and a spacious grassy backyard.
Recent exterior upgrades include all new hard-plank siding, new exterior paint, and a newer metal roof.
The building sits at the end of a quiet dead-end street and includes a large off-street parking lot and a spacious grassy backyard.
Recent exterior upgrades include all new hard-plank siding, new exterior paint, and a newer metal roof.
Key Highlights
- 6‑unit multifamily property built in 1974 with townhouse‑style layout—each unit has 2 beds and 1 bath
- Private patio for each unit, plus access to a shared coin‑op laundry room
- Shared coin‑op laundry room recently refreshed with new paint and flooring
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.9k | $20.40 |
| − Vacancy | −$3.9k | −$0.82 |
| EGI | $93.0k | $19.58 |
| − OpEx | −$41.9k | −$8.81 |
| NOI | $51.2k | $10.77 |
4,750 SF · lease $20.40/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$730.9K
$639.5K – $852.7K
NOI $51,163 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$980.5K – $1.31M
NOI $78,439 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six townhouse-style units each feature 2 beds and 1 bath with private patios and access to a shared coin-op laundry room.
Where is this apartment building located?
The property is located at 211 Maple Lynden, WA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6‑unit multifamily property built in 1974 with townhouse‑style layout—each unit has 2 beds and 1 bath; Private patio for each unit, plus access to a shared coin‑op laundry room; Shared coin‑op laundry room recently refreshed with new paint and flooring
