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JRJeff ReynoldsCompass · Seattle

Listed by Daniel Lim, Lee & Associates Commercial RE

44,374
Square feet
$225
Per sq ft
Multi Family
Type
1962
Year built
100,624 sq ft
Lot
333
Days on market

About this property

The Lee & Associates | Northwest Multifamily Team presents Viking Apartments, 7 buildings, 70-unit on 2.31 acres. Offering flats, townhomes, a duplex, and a SFR in 1-, 2-, & 3-bedroom layouts averaging 606 sq. ft. About half the units feature vinyl plank flooring, resurfaced tubs, and repainted cabinetry. Upgrades include a TPO roof (2024) and new shingles (2022) on several buildings. Wood-frame with brick, CMU, marblecrete, and wood siding, copper plumbing, electric baseboard heat, individual water heaters, and off-street parking. Zoned CDM with redevelopment potential. Near light rail, Edmonds College, Hwy 99, and Lynnwood Transit Center, benefiting from the area’s transformation into a regional hub fueling strong rental demand and upside

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2421419
Listed
August 14, 2025
Days on market
333
Price per sq ft
$225
Original list price
$13,495,000

Unit & building

Stories in building
2
Units in building
70

Construction

Year built
1962
Style
56 - 10+ Units
Structure
Multi Family
Roof
CompositionFlat

Heating & cooling

Heating
BaseboardWall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateSee RemarksVinyl Plank

Lot

Lot features
Paved
Lot size
100,624 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Community
Sewer
Sewer Connected

Schools

District
Snohomish

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Multi Family
  • Composition
  • Flat
  • Baseboard
  • Wall Furnace
  • None
  • Electric
  • Laminate
  • See Remarks
  • Vinyl Plank
  • Paved
  • Cash

Listing history

  1. Listed

    $13,495,000

    August 14, 2025

  2. Current price

    $9,995,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$58,203

Principal & interest
$50,540
Property tax (est.)
$7,663

Assumes $1,999,000 down (20%), a $7,996,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.