$7,150,000
Est. $36,456/mo8509 244th Street Sw, Edmonds, WA 98026
• Listed 2026-07-13•8 days on market
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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.
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8509 244th Street Sw, Edmonds, WA 98026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 15, 2026 at 02:23pm (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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Listed by Roy Gursli • The Preview Group
Listing updated: July 15, 2026 at 02:23pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2555202
Edmonds is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$900 Sold
7 weeks ago
•Single Family
23931 Highway 99 #103, Edmonds, WA 98026
0%
Over list
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Days on market
0.3 mi
Distance
$900 Sold
7 weeks ago
•Single Family
23931 Highway 99 #103, Edmonds, WA 98026
0%
Over list
—
Days on market
0.3 mi
Distance
$540,000 Sold
4 months ago
•Single Family
24005 76th Avenue W, Edmonds, WA 98026
10%
Under list
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Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.