19618 68th Avenue W, Lynnwood, WA 98036

Local realty services provided by:Knipe Realty ERA Powered
Listed by:michael urquhart
Office:paragon real estate advisors
MLS#:2396882
Source:NWMLS
19618 68th Avenue W,Lynnwood, WA 98036
$4,495,000
  • - Beds
  • - Baths
  • 22,100 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$4,495,000
  • Price per sq. ft.:$203.39

About this home

The Chrimar Apartments is a unique value add multifamily investment opportunity in the thriving Lynnwood market. This 31-unit property offers investors immediate operational upside with the opportunity to increase rents and reposition the asset. The building consists of 31 units made up of 4 one bedroom/one bath units, 25 two bedroom/two bath units, 1 three bedroom/1 bath unit and 1 three bedroom/one and a half bath townhouse unit. 5 of the units have recently been turned over and are in the process of lease up. The property features a large common laundry room for the tenant’s convenience. Additionally, there is a RUBS system currently in place for ownership reimbursement of utility costs.

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Home facts

  • Year built:1962
  • Listing ID #:2396882
  • Updated:September 25, 2025 at 07:43 PM

Rooms and interior

  • Living area:22,100 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Built Up
  • Year built:1962
  • Building area:22,100 sq. ft.
  • Lot area:1.41 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,495,000
  • Price per sq. ft.:$203.39
  • Tax amount:$50,566 (2024)
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