70-Unit Multifamily Community in
For Sale
$9,995,000
Pending
6616 202nd St SW, Lynnwood, WA 98036
70-unit multifamily community with diverse unit types on 2.31 acres.
Property SizeContact for details
Days on Market364
Property Features for 6616 202nd St SW
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1962
Listing Agency:
LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
(206) 773-2694
Listed By:
CANDICE CHEVAILLIER, CCIM
Source:
Corcoran
Added: Aug 14, 2025
Changed: Aug 8
Last Checked: Jul 23 at 7:26AM
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 LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
The Viking Apartments, a 70-unit multifamily community, is located in Lynnwood, Washington. Situated on a 2.31-acre site, the property consists of seven buildings and features a mix of unit types, including flats, townhomes, a duplex, and a single-family residence. The unit mix includes 1-, 2-, and 3-bedroom layouts, with an average size of approximately 606 square feet. Originally constructed between 1957 and 1962 as a motel, the property was later converted to apartments. Approximately half of the units have been updated with vinyl plank flooring, resurfaced tubs, and repainted cabinetry during turnovers. Recent capital improvements include a full TPO roof replacement on building 6616 in 2024.
Key Highlights
- 70‑unit multifamily community.
- Diverse mix of unit types including flats, townhomes, duplex, and a single‑family residence.
- Located on a spacious 2.31‑acre site.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,619
Businesses Nearby
Explore this area
Business Placement
Demographics for 98036, WA
42,248
Population
17,228
Households
2.5
Avg Household Size
39
Median Age
39%
College-Educated
92%
High-School Grad
9.6 sq mi
ZIP Area
4,401
Density / Sq Mi
$89,566
Median Household Income
$54,455
Median Earnings
$1,686
Median Rent
$693,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 70-unit multifamily community with diverse unit types on 2.31 acres.
Where is this apartment building located?
The property is located at 6616 202nd St SW Lynnwood, WA.
What is the asking price?
The asking price for this property is $9,995,000.
What are key features of this property?
This property features: 70‑unit multifamily community.; Diverse mix of unit types including flats, townhomes, duplex, and a single‑family residence.; Located on a spacious 2.31‑acre site.
