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JRJeff ReynoldsCompass · Seattle

Listed by Kyle Walker, COMPASS

3,547
Square feet
$261
Per sq ft
Multi Family
Type
1963
Year built
9,148 sq ft
Lot
642
Days on market

About this property

AMAZING Investment Opportunity in Lynnwood! Rare opportunity to own a turn-key tri-plex in Lynnwood. Strong portfolio starter, addition or opportunity to live in one unit while renting the others! Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!

Location & commute

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

Directions

Property details

Listing details

Listing number
#2534485
Listed
June 3, 2026
Days on market
642 (includes a prior listing period)
Price per sq ft
$261
Original list price
$947,450

Unit & building

Stories in building
2
Units in building
3

Parking

Parking
RV Parking
Covered spaces
3
Total spaces
8

Views

View
Territorial

Construction

Year built
1963
Style
53 - Tri-plex
Structure
Triplex
Roof
CompositionTorch Down

Heating & cooling

Heating
BaseboardForced AirStove/Free Standing
Cooling
None
Energy source
ElectricNatural GasPellet

Flooring

Flooring
Ceramic TileStoneVinylVinyl PlankCarpet

Lot

Lot features
Dead End StreetPavedValue In Land
Lot size
9,148 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
Alderwood
Sewer
Alderwood
Power
Snohomish PUD

Schools

District
Edmonds
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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

  • RV Parking
  • Territorial
  • Triplex
  • Composition
  • Torch Down
  • Baseboard
  • Forced Air
  • Stove/Free Standing
  • None
  • Electric
  • Natural Gas
  • Pellet

Listing history

  1. Listed

    $947,450

    June 3, 2026

  2. Current price

    $925,000

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

$5,386

Principal & interest
$4,677
Property tax (est.)
$709

Assumes $185,000 down (20%), a $740,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 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.