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    Lynnwood, WA Multifamily Properties for Sale

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    Edmonds, WA Kenmore, WA Mountlake Terrace, WA
    8 results
    Lynnwood Commercial Property For Sale
    $6,525,000
    1.50 Acres

    Lynnwood Commercial Property For Sale

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

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

    • Prime 1.5 acre commercial property in Lynnwood
    • Boasting 250 feet of frontage on 196th St SW
    • Upzoned to PCD (Planned Commercial Development) with mixed‑use/multi‑family potential
    • Enjoy no height or parking restrictions
    • Allows 5/2 construction with ground‑floor retail
    Updated: Mar 23
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    Duplex on Oversized Lot
    $999,950
    0.35 Acres

    Duplex on Oversized Lot

    15215 Larch Way, Lynnwood, WA 98087

    Fully rented duplex with expansion potential near Martha Lake.

    • Fully rented duplex provides immediate income.
    • Located half a block from Martha Lake.
    • Potential to add up to 2 more units, converting the duplex into a quadplex.
    • Oversized lot with power and sewer access, ready for expansion.
    • Newly recorded ingress/egress easement provides backyard access.
    Updated: Jan 13
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    Commercial
    $1,900,000

    Commercial

    Apartment buildings

    19207 60th Avenue W, Lynnwood, WA 98036
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    70-Unit Multifamily Community in Lynnwood
    $9,995,000

    70-Unit Multifamily Community in Lynnwood

    70-unit multifamily community in Lynnwood, Washington, with redevelopment potential.

    6616-6630 202nd Street SW |, Lynnwood, WA 98036
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    70-Unit Multifamily Community in Lynnwood
    $9,995,000

    70-Unit Multifamily Community in Lynnwood

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

    6616 202nd St SW, Lynnwood, WA 98036
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    Lynnwood Multifamily Investment Opportunity
    $4,495,000
    22,100 SF

    Lynnwood Multifamily Investment Opportunity

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

    19628 68th Ave W, Lynnwood, WA 98036
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    Lynnwood Mobile Home Park Opportunity
    $2,500,000
    1.49 Acres

    Lynnwood Mobile Home Park Opportunity

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

    5717 186 Pl SW, Lynnwood, WA 98037
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    Lynnwood Mobile Home Park
    $2,500,000
    1.49 Acres

    Lynnwood Mobile Home Park

    Well-maintained mobile home park with additional income opportunities.

    5717 186th Place SW, Lynnwood, WA 98037
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Lynnwood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    Edmonds Duplex on Oversized Lot
    $899,990
    3,086 SF

    Edmonds Duplex on Oversized Lot

    Duplex on large lot with development potential and rental income.

    14916 48th Avenue W, Edmonds, WA 98026
    View details
    Shovel-Ready Mixed-Use Development Opportunity
    $4,499,900
    96,300 SF

    Shovel-Ready Mixed-Use Development Opportunity

    Fully approved mixed-use development with income-producing units in Everett, WA.

    2017 Gibson Rd, Everett, WA 98204
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    Shovel-Ready Mixed-Use Development Opportunity
    $4,499,900
    96,300 SF

    Shovel-Ready Mixed-Use Development Opportunity

    Fully approved mixed-use development with income-producing units in Everett, WA.

    2017 Gibson Road, Everett, WA 98204
    View details
    Edmonds Multifamily Investment Opportunity
    $7,500,000

    Edmonds Multifamily Investment Opportunity

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

    7420 208th Street SW, Edmonds, WA 98026
    View details

    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
    $1,399,000
    9.90 Acres

    Sequim Land with Panoramic Views

    9.9 acres with saltwater, mountain, and city views.

    463 Miller Road, Sequim, WA 98382
    View details
    Recreational Land Near Mount Rainier
    $80,000

    Recreational Land Near Mount Rainier

    Recreational land with RV hookups near Mount Rainier National Park.

    55912 317th Avenue E, Ashford, WA 98304
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    Centralia Commercial Land with Income
    $500,000
    6.50 Acres

    Centralia Commercial Land with Income

    6.5+ acre commercial land with income and development potential.

    1535 S Gold Street, Centralia, WA 98531
    View details
    Land Ready for Development
    $39,000
    0.30 Acres

    Land Ready for Development

    13,000 sq ft lot near state land in Raymond, WA.

    1420 Raymond-South Bend Rd, Raymond, WA 98577
    View details

    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)
    24,796 SF Lot: 3.82 Acres
    Estimated value
    $2,435,000

    16605 Ash Way, Lynnwood, WA 98037-5329

    View details
    2927 Alderwood Mall Blvd
    APARTMENT HOUSE (100+ UNITS)
    267,495 SF Lot: 9.06 Acres
    Value Estimation by Request

    2927 Alderwood Mall Blvd, Lynnwood, WA 98036-8299

    View details
    14133 Hwy 99
    MOBILE HOME PARK, TRAILER PARK
    Lot: 15.87 Acres
    Estimated value
    $13,500,000

    14133 Hwy 99, Lynnwood, WA 98087

    View details
    6020 202nd SW St
    MOBILE HOME PARK, TRAILER PARK
    18,948 SF Lot: 1.05 Acres
    Estimated value
    $2,130,000

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

    View details
    6324 212th SW St
    MOBILE HOME PARK, TRAILER PARK
    1,074 SF Lot: 0.99 Acres
    Estimated value
    $1,200,000

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

    View details
    5907 202nd SW St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.10 Acres
    Value Estimation by Request

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

    View details
    4800 168th SW St
    APARTMENT HOUSE (100+ UNITS)
    41,888 SF Lot: 6.82 Acres
    Estimated value
    $28,910,000

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

    View details
    18602 Alderwood Mall Pkwy Ste, Unit 1125
    APARTMENT HOUSE (100+ UNITS)
    65,707 SF
    Estimated value
    $9,045,000
    Unit 1125

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

    View details
    18501 52nd W Ave
    MOBILE HOME PARK, TRAILER PARK
    3,121 SF Lot: 9.64 Acres
    Estimated value
    $12,190,000

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

    View details
    4111 164th SW St
    MOBILE HOME PARK, TRAILER PARK
    2,272 SF Lot: 10.03 Acres
    Estimated value
    $9,790,000

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

    View details
    15320 35th W Ave
    MOBILE HOME PARK, TRAILER PARK
    4,817 SF Lot: 2.50 Acres
    Estimated value
    $680,000

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

    View details
    3101 184th SW St
    APARTMENT HOUSE (100+ UNITS)
    Value Estimation by Request

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

    View details
    14610 Admiralty Way
    APARTMENT HOUSE (100+ UNITS)
    123,489 SF Lot: 2.62 Acres
    Estimated value
    $39,950,000

    14610 Admiralty Way, Lynnwood, WA 98087-4874

    View details
    14611 Admiralty Way
    APARTMENT HOUSE (100+ UNITS)
    43,103 SF Lot: 2.01 Acres
    Value Estimation by Request

    14611 Admiralty Way, Lynnwood, WA 98087-1300

    View details
    415 Lakeview Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 14.62 Acres
    Estimated value
    $15,320,000

    415 Lakeview Rd, Lynnwood, WA 98087-2126

    View details
    3333 164th SW St
    APARTMENT HOUSE (100+ UNITS)
    542,826 SF Lot: 4.07 Acres
    Estimated value
    $1,800,000

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

    View details

    Lynnwood, WA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Lynnwood, WA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 22,142 square feet of properties for sale, with an estimated market value of $14,490,000.

    Sale prices for multifamily properties in Lynnwood, WA start at $4,495,000, averaging $7,245,000, 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.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 4
    Mobile home & RV parks 2
    Duplexes 1

    Property Size Breakdown

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

    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 median 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 sq ft
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Lynnwood, WA

    • 98036
    • 98037
    • 98087

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