Property Details
6630 202nd Street SW
Lynnwood, WA 98036
$9,995,000
Pending Inspection
Schedule a Showing
Select your date preference
Request More Info
1 / 20
Property Overview
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
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Snohomish
Neighborhood
Lynnwood
Listed
Aug 14, 2025
Original Price
$13,495,000
Structure Type
Multi Family
Parcel Number
00515400001001
Tax & HOA
Annual Property Tax
$116,934 (2025)
Est. Monthly Tax
$9,745/mo
Financial Summary
Cap Rate
6.77%
Net Operating Income
$676,261
Gross Scheduled Income
$1,255,158
Gross Rent Multiplier
8.60
Total Expenses
$474,499
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
44,374
Leasable Area
44,374 sqft
Total Units
71
Lot Size
2.31 acres
Year Built
1962
Exterior & Lot
Lot Size
2.31 sqft
Year Built
1962
Exterior Materials
Brick, Cement, See Remarks
Sewer
Sewer Connected
Water Source
Community
Lot Features
Paved
Exterior Features
Brick, Cement/Concrete, See Remarks
Community & Access
Directions
Headed north on 68th Ave W right on 202nd St SW. Property is on the right.
Location
City
Lynnwood
County
Snohomish
Coordinates
47.81517, -122.32306
Additional Information
Tax Year
2025
Annual Taxes
$116,934
Possession
Array
Based on information submitted to the MLS GRID as of June 22, 2026 4:45 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.
