2118 160th Place SW Lynnwood, WA $ 1,150,000
2118 160th Place SW
$ 1,150,000
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2118 160th Place SW

Lynnwood, WA, 98087
$ 1,150,000
Baths0.0 Sq 3,547

Monthly Estimate*

$ 7,175

Listed by COMPASS
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Studio

Multi-Family Home for sale in Lynnwood, WA

for $1,150,000. This 3,547 square foot home was built in 1963 on a lot size of 0.21.

*REDUCED PRICE* Great Investment Opportunity in Lynnwood! Rare opportunity to own a fully occupied tri-plex in Lynnwood. Strong portfolio starter or addition. 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 and driveway gravel. 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!

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,133

Style

Tri-plex

Lot Size

0.21

Year Built

1963

Town/City

Lynnwood

County/Region

Snohomish

MLS | Web ID

2275933

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling None
Possession Closing
Roof Composition Torch Down
HOA Fee 0
Security Features Fully Fenced
Year Built 1963
View Territorial
Property Subtype Multi Family
Tax Year 2024
County Snohomish
Net Operating Income 53847
Insurance Expense 2500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lynnwood
Possible Use Multi-Family See Remarks
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Buyer To Verify
City Lynnwood
Senior Community Y/N N
High School District Edmonds
Zoning Description Multi-Family See Remarks
Open Parking Spaces 8
Number Of Units Total 3
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 9148
Carport Spaces 1
Carport Y/N N
Listing Terms Cash Out Conventional VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 7133
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks *REDUCED PRICE* Great Investment Opportunity in Lynnwood! Rare opportunity to own a fully occupied tri-plex in Lynnwood. Strong portfolio starter or addition. Potential for improvement by increasing
Leasable Area 3547
Structure Type Triplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company Alderwood
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 4.4
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Interior
Interior Amenities Ceramic Tile
Flooring Ceramic Tile Stone Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas Pellet
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Exterior Amenities Wood
Parking Features RV Parking
Lot Features Dead End Street
Water Source Public
Total Parking 11
Foundation Details Poured Concrete
Building Area Total 3547
Lot Size Acres 0.21
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully High Speed Internet RV Parking
Parking Uncovered Spaces 8
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Internal Only
OriginalMLSID NWM2275933
Street Number 1 2118
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* Excluded Features
List By
Kyle Walker

Listing Agent

Compass

Broker

Affordability Calculator

$7,769
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$594
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100743 Elementary School
3100712 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2025$1,150,000 -2.13% Price Down
1/1/2025$1,175,000 -4.08% Price Down
8/10/2024$1,225,000 Listed Price

Map


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2118 160th Place SW, Lynnwood, WA, 98087 is a Multi-Family Home for sale at $1,150,000 with 3,547 sqft and a lot size of 0.21. 2118 160th Place SW is a studio with 0.0 baths and was built in 1963. The property's zip code is 98087 which is in Lynnwood, WA