Active · Residential Income

8509 244th Street SW, Edmonds, WA 98026

Edmonds, WA 98026

$6,500,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by The Preview Group · MLS #2555202 · Active

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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

Property type: Multi Family
Year built: 2021
Lot size: 29,185 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $32,831 (2025)
Parking spaces: 30
School district: Edmonds

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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