NWMLS

Listing Firm: The Preview Group (425-488-6000). Listings with the three tree icon are courtesy of NWMLS.

8509 244th Street

Edmonds, WA 98026

LISTING #2555202
$7,150,000
STATUS Active
YEAR BUILT 2021
PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

The Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential community offers investors the rare chance to acquire a newly constructed property in one of the Puget Sound's most coveted and supply-constrained submarkets. The property sits on approximately one acre of land (51,000+ square feet) zoned for multifamily use, providing long-term flexibility and redevelopment potential in a rapidly growing suburban environment. The Nyland Apartments feature spacious units averaging 783 square feet with high-end interior finishes including: stainless steel appliances, granite countertops, vinyl flooring, and marble-inspired surfaces throughout. Residents benefit from modern living amenities such as air conditioning, in-unit washer and dryer, walk-in closets, and private patios or balconies compelling opportunity for investment.

PROPERTY DETAILS

EXPAND ALL
Location Information
County Snohomish
Latitude 47.778520
Longitude -122.348092
Directions Hwy 99 to 244th St SW - West one block behind Arby's and Denny's
Subdivision Name Edmonds
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Ductless, Radiant
Cooling Ductless
Floors Laminate, Vinyl Plank, Carpet
Exterior Features
Style 10+ Units
Is New Construction Yes
Exterior Cement Planked, Wood Products
Foundation Poured Concrete, Slab
Roof Composition
Water Source Public
Septic or Sewer Sewer Connected
Covered Spaces 0
Water Olympic Water & Service
Electric Snohomish PUD
Power Production Type Electric, See Remarks
Security Features Partially Fenced
Parking Spaces 30
Site Features Cable TV, Deck, Electric Car Charging, Fenced-Partially, Patio, Sprinkler System
Lot Features Paved
Lot Size in Acres 0.67
Lot Size in Sq. Ft. 29,185
Building Total Area 14870 Square Feet
Has Waterfront No
Has View No
School
High School District Edmonds
Additional Information
Possession Closing
Property Type Residential Income
Property Subtype Multi Family
Structure Type Multi Family
Year Built 2021
Status Active
Tax Year 2025
Tax Amount $42,747
Lot Acres Source Public Records
NWMLS

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INTERESTED IN

8509 244th Street, Edmonds, WA 98026

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