$849,000
Est. $4,703/moPrice reduced $98,450 from the original $947,450 asking price
3,547 sq ft
2118 160th Place SW, Lynnwood, WA 98087
• Listed Jun 3, 2026•738 days active · 738 cumulative
Listing Broker: COMPASS; Kyle Walker; 509-930-1508; kyle.walker@compass.com
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Listing Broker: COMPASS; Kyle Walker; 509-930-1508; kyle.walker@compass.com
About this home
AMAZING Investment Opportunity in Lynnwood! Rare opportunity to own a turn-key tri-plex in Lynnwood. Strong portfolio starter, addition or opportunity to live in one unit while renting the others! Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!
Listed by Kyle Walker • COMPASS
Listing updated: October 13, 2026 at 05:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2534485
Around this home
How much should you offer?
2118 160th Place SW, Lynnwood, WA 98087
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Tri-plex
- 560 sq ft garage
Flooring
- Ceramic Tile
- Stone
- Vinyl
- Vinyl Plank
- Carpet
Heating & cooling
- Baseboard heating
- Forced Air heating
- Stove/Free Standing heating
- None cooling
Schools
Ratings via SchoolDiggerEdmonds School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 3
- Units in building
- 3
- Units below grade
- false
- Building square feet
- 3,547 sq ft
Income & expenses
- Gross scheduled income
- $63,480
- Total monthly income
- $5,290
- Gross adjusted income
- $63,480
- Net operating income
- $53,847
- Cap rate
- 4.4%
- Gross rent multiplier
- 19.3
- Total expenses
- $9,633
- Insurance
- $2,500
- Water / sewer / garbage paid by
- 0
Parking & storage
- Parking spaces
- 8
- Uncovered parking
- 5
- Covered spaces
- 3
- Parking type
- RV Parking
Taxes & assessment
- Annual taxes
- $7,133
- Tax year
- 2024
- Financing
- Cash, Conventional, VA Loan
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 2118 160th Place SW
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 14, 2026Price reducedNWMLS via MLS Grid · #2534485$849,000$239/sq ft
- Jun 3, 2026ListedNWMLS via MLS Grid · #2534485$947,450$267/sq ft
- Jan 6, 2011SoldNWMLS via MLS Grid · #141371$300,000$85/sq ft
- Nov 27, 2010PendingNWMLS via MLS Grid · #141371$324,800$92/sq ft
- Nov 27, 2010Price reducedNWMLS via MLS Grid · #141371$324,800$92/sq ft
- Oct 8, 2010ListedNWMLS via MLS Grid · #141371$348,000$98/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$5,509 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: COMPASS; Kyle Walker; 509-930-1508; kyle.walker@compass.com
Market pulse
Lynnwood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 44 days.
Recent sales nearby
Within 1 mile · last 6 months$559,995 Sold
0 days ago
3 bd•2.25 ba•~1,456 sq ft•Single Family
15215 35th Ave W #C2, Lynnwood, WA 98087
2%
Under list
49
Days on market
1.0 mi
Distance
$565,000 Sold
1 day ago
3 bd•2.25 ba•~1,456 sq ft•Single Family
15215 35th Ave W #D2, Lynnwood, WA 98087
2%
Under list
32
Days on market
1.0 mi
Distance
$712,000 Sold
3 days ago
3 bd•2.5 ba•~1,938 sq ft•Single Family
2709 157th Place SW, Lynnwood, WA 98087
5%
Under list
61
Days on market
0.4 mi
Distance
$585,000 Sold
1 week ago
3 bd•2 ba•~1,917 sq ft•Single Family
14715 Admiralty Way #A-5, Lynnwood, WA 98087
2%
Under list
84
Days on market
1.0 mi
Distance
$664,995 Sold
2 weeks ago
3 bd•3.5 ba•~1,842 sq ft•Single Family
16202 Manor Way #D4, Lynnwood, WA 98087
0%
Over list
25
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 4:05 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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