Multifamily

Lynnwood, WA Multifamily Properties for Sale

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55+ Mobile Home Park Community
Updated: Jul 8
55+ Mobile Home Park Community

5717 186 Pl SW, Lynnwood, WA 98037

$2,300,000
64,904 sqft 1.49 AC lot
55+ mobile home park on 1.49 acres in central Lynnwood
Includes 16 MH spaces plus a renovated 3‑bedroom house with its own RV hook‑up
City water and sewer
Owner‑occupied setup: 2 MH units are parked owned; remaining MH units are tenant‑owned
Reported 6.2% cap rate based on current actual rents and 2025 expenses (2026 expenses expected slightly below 2025)
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70-Unit Multifamily Community in Lynnwood
Updated: Sep 10, 2025
70-Unit Multifamily Community in Lynnwood

6616-6630 202nd Street SW |, Lynnwood, WA 98036

$9,995,000
42 sqft
Prime Location: Near Lynnwood Transit Center, Edmonds College, and Highway 99.
Value‑Add Opportunity: Potential for rental upside through renovations.
Diverse Unit Mix: Features 1, 2, and 3‑bedroom units.
Recent Capital Improvements: Includes a new TPO roof (2024) and new composite shingles (2022).
Spacious Site: Situated on a large 2.31‑acre site.
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Lynnwood Commercial Property For Sale
Lynnwood Commercial Property For Sale

4829 196th Street SW #17-18, Lynnwood, WA 98036

$6,525,000
1.50 AC lot

Prime 1.5-acre commercial property with mixed-use potential near transit.

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Lynnwood Multifamily Investment Opportunity
Lynnwood Multifamily Investment Opportunity

19628 68th Ave W, Lynnwood, WA 98036

$4,495,000
22,100 sqft

31-unit apartment building with value-add potential in Lynnwood, Washington.

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Commercial
Commercial

19207 60th Avenue W, Lynnwood, WA 98036

$1,900,000

Apartment buildings

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70-Unit Multifamily Community in Lynnwood
70-Unit Multifamily Community in Lynnwood

6616 202nd St SW, Lynnwood, WA 98036

$9,995,000

70-unit multifamily community with diverse unit types on 2.31 acres.

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Lynnwood Mobile Home Park Opportunity
Lynnwood Mobile Home Park Opportunity

5717 186 Pl SW, Lynnwood, WA 98037

$2,500,000
1.49 AC lot

Well-maintained mobile home park with income potential in Lynnwood, WA.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Lynnwood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey 22-Unit Apartment Investment
Turnkey 22-Unit Apartment Investment

2152 185th St, Shoreline, WA 98133

$9,000,000
15,746 sqft

Newly constructed 22-unit apartment building near upcoming Light Rail Station.

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Edmonds Multifamily Investment Opportunity
Edmonds Multifamily Investment Opportunity

1050 5th Ave S, Edmonds, WA 98020

$6,450,000
20,053 sqft

21-unit apartment community in Edmonds Bowl neighborhood.

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Development Site Near Light Rail
Development Site Near Light Rail

18340 3rd Avenue, Shoreline, WA 98155

$11,500,000

Development site near North Shoreline Light Rail Station.

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Edmonds Multifamily Investment Opportunity
Edmonds Multifamily Investment Opportunity

7420 208th Street SW, Edmonds, WA 98026

$7,500,000

36-unit apartment community in Edmonds' College Place neighborhood.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Sequim Land with Panoramic Views
Sequim Land with Panoramic Views

463 Miller Road, Sequim, WA 98382

$1,199,000
9.90 AC lot

9.9 acres with saltwater, mountain, and city views.

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Naches RV Resort Bluff-Top Lot
Naches RV Resort Bluff-Top Lot

62-1769 Naches Wenas Rd, Selah, WA 98942

$110,000

Bluff-top RV lot with full hookups and resort amenities.

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Secluded RV Lot with Mountain Views
Secluded RV Lot with Mountain Views

1769 Naches Wenas Road, Unit 12, Selah, WA 98942

$164,000
0.12 AC lot

Private RV lot with full hookups and resort amenities.

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Lexington Westside Highway RV Resort
Lexington Westside Highway RV Resort

1820 West Side Hwy, Kelso, WA 98626

Contact for pricing
20.00 AC lot

Proposed 184-space RV resort with river access in Lexington.

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Off-Market Properties in Lynnwood, WA

Consider similar Off-Market properties in Lynnwood, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

16605 Ash Way
APARTMENT HOUSE (100+ UNITS)

16605 Ash Way, Lynnwood, WA 98037-5329

$2,435,000
Estimated value
24,796 sqft 3.82 AC lot
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2927 Alderwood Mall Blvd
APARTMENT HOUSE (100+ UNITS)

2927 Alderwood Mall Blvd, Lynnwood, WA 98036-8299

Value Estimation by Request
267,495 sqft 9.06 AC lot
View details
14133 Hwy 99
MOBILE HOME PARK, TRAILER PARK

14133 Hwy 99, Lynnwood, WA 98087

$13,500,000
Estimated value
15.87 AC lot
View details
6020 202nd SW St
MOBILE HOME PARK, TRAILER PARK

6020 202nd SW St, Lynnwood, WA 98036-6023

$2,130,000
Estimated value
18,948 sqft 1.05 AC lot
View details
6324 212th SW St
MOBILE HOME PARK, TRAILER PARK

6324 212th SW St, Lynnwood, WA 98036-7425

$1,200,000
Estimated value
1,074 sqft 0.99 AC lot
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5907 202nd SW St
MOBILE HOME PARK, TRAILER PARK

5907 202nd SW St, Lynnwood, WA 98036-6540

Value Estimation by Request
1.10 AC lot
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4800 168th SW St
APARTMENT HOUSE (100+ UNITS)

4800 168th SW St, Lynnwood, WA 98037-6814

$28,910,000
Estimated value
41,888 sqft 6.82 AC lot
View details
18602 Alderwood Mall Pkwy Ste, Unit 1125
APARTMENT HOUSE (100+ UNITS)

18602 Alderwood Mall Pkwy Ste, Lynnwood, WA 98037-8032

Unit 1125
$9,045,000
Estimated value
65,707 sqft
View details
18501 52nd W Ave
MOBILE HOME PARK, TRAILER PARK

18501 52nd W Ave, Lynnwood, WA 98037-4575

$12,190,000
Estimated value
3,121 sqft 9.64 AC lot
View details
4111 164th SW St
MOBILE HOME PARK, TRAILER PARK

4111 164th SW St, Lynnwood, WA 98087-6909

$9,790,000
Estimated value
2,272 sqft 10.03 AC lot
View details
15320 35th W Ave
MOBILE HOME PARK, TRAILER PARK

15320 35th W Ave, Lynnwood, WA 98087-2342

$680,000
Estimated value
4,817 sqft 2.50 AC lot
View details
3101 184th SW St
APARTMENT HOUSE (100+ UNITS)

3101 184th SW St, Lynnwood, WA 98037-4846

Value Estimation by Request
View details
14610 Admiralty Way
APARTMENT HOUSE (100+ UNITS)

14610 Admiralty Way, Lynnwood, WA 98087-4874

$39,950,000
Estimated value
123,489 sqft 2.62 AC lot
View details
14611 Admiralty Way
APARTMENT HOUSE (100+ UNITS)

14611 Admiralty Way, Lynnwood, WA 98087-1300

Value Estimation by Request
43,103 sqft 2.01 AC lot
View details
415 Lakeview Rd
MOBILE HOME PARK, TRAILER PARK

415 Lakeview Rd, Lynnwood, WA 98087-2126

$15,320,000
Estimated value
14.62 AC lot
View details
3333 164th SW St
APARTMENT HOUSE (100+ UNITS)

3333 164th SW St, Lynnwood, WA 98087-3150

$1,800,000
Estimated value
542,826 sqft 4.07 AC lot
View details
16720 6th W Ave
APARTMENT HOUSE (100+ UNITS)

16720 6th W Ave, Lynnwood, WA 98037-8196

$39,725,000
Estimated value
87,842 sqft 5.78 AC lot
View details

Lynnwood, WA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lynnwood, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 87,046 square feet of properties for sale, with an estimated market value of $16,790,000.

Sale prices for multifamily properties in Lynnwood, WA start at $2,300,000, averaging $5,596,666, and reaching up to $9,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Mobile home & RV parks 2

Demographics Overview

Population 113K
Population Growth (5Y) +4.4%
Median Household Income $99,650
College Educated 37.9%

High-Yield Neighborhoods for Investment

Identify Lynnwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98087 $1000K
98037 $2.5M
98036 $6.6M

Taxes & Financing

Tax Rate (average for all types) 0.68%
Property Tax per SF $4.48 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lynnwood fall within the 25,000 to 50,000 square foot range.

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