Property Details
401 N 9th Street #A & B
Lynden, WA 98264
$785,000
Active
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Property Overview
Investment Opportunity! Own a multifamily property in a prime Lynden location. Conveniently situated near parks, schools, and downtown shopping, this asset offers strong tenant appeal and consistent rental demand in a desirable setting. Each unit features 3 bedrooms, 2 bathrooms, open-concept living, spacious kitchens with dining areas, and in-unit laundry, designed to attract and retain quality tenants. Private backyard spaces and dedicated storage spaces. The lower unit was fully remodeled in 2020. The building was rebuilt from the foundation in 1990, with exterior upgrades completed in 2020, including all-new siding and fresh paint. Turnkey and income-producing, this property delivers reliable cash flow with minimal management and solid upside potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Lynden
Listed
May 7, 2026
Financial Summary
Cap Rate
4.96%
Net Operating Income
$38,923
Gross Scheduled Income
$47,400
Gross Rent Multiplier
16.56
Total Expenses
$8,477
Building & Use
Building Sq Ft
2,892
Leasable Area
2,892 sqft
Total Units
2
Lot Size
5,663 sqft
Year Built
1900
Exterior & Lot
Lot Size
0.13 sqft
Year Built
1900
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Community
Lot Features
Corner Lot, Paved, Sidewalk
Exterior Features
Cement Planked
Location
City
Lynden
County
Whatcom
Coordinates
48.94421, -122.46048
Additional Information
Tax Year
2026
Annual Taxes
$4,253
Possession
Array
Based on information submitted to the MLS GRID as of May 7, 2026 9:15 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
