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Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2534485MLS Provider

2118 160th Place SWLynnwood, WA 98087

Multi-Family · 6 Beds · 3,547 Sq. ft. | 0.21 Acres
$925,000 Active

2118 160th Place SW Overview

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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!

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2118 160th Place SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,547
  • Price/Sq.ft. $261
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Edmonds
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 63480
  • Insurance Expense: 2500
  • Net Operating Income: 53847
  • Total Expenses: 9633
  • Total Monthly Income: 5290
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1963

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 730 - Southwest Snohomish
  • Subdivision Name: Lynnwood

Tax Information

  • Tax Annual Amount: $7,133.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional, VA Loan
  • Parcel Number: 00473600002600
  • Possible Use: Multi-Family,See Remarks
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3547
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3547
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Stone, Vinyl, Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 3547
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas,Pellet
  • Security Features: Fully Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 8
  • Parking Uncovered Total: 5

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved, Value In Land
  • Lot Size Acres: 0.21
  • Lot Size Square Feet: 9148
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition, Torch Down
  • Structure Type: Triplex

General Information

  • Carport Spaces: 1
  • Carport: No
  • Covered Spaces: 3
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1595
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2495
  • Beds Total: 4
  • Baths Total: 2

2118 160th Place SW Neighborhood

Community

98087 (Lynnwood) Demographics

33
Median Age
7,227
Population Density (per sq. mile)
47%
College Educated
$87,320
Estimated Median Income
8,091
Estimated Total Home Owners
7,041
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2118 160th Place SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2118 160th Place SW Market Data

Based on the last 30 days in this zip code

$704,905
Average List Price
$386
Average Price per Square Foot
41
Properties Sold
56
Average Days on Market
179
Properties for Sale
Calculations provided by Reliance Network

2118 160th Place SW History

Date Event Value Agent
6/26/2026Source: NWMLS Price Reduction
$925,000 -2.4%
6/3/2026Source: NWMLS Added to Database
June 03, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021