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$4,575,000

  • Sold
  • Closed
  • Multi-Family

Listed by Michael Urquhart | Paragon Real Estate Advisors | (206) 623-8880 and Brian D. Platt | Paragon Real Estate Advisors | (206) 623-8880
Sold by Ben Douglas | Paragon Real Estate Advisors and Brian D. Platt | Paragon Real Estate Advisors

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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.

Full Property Details for 19618 -19628 68th Ave W

General

  • Sold For: $4,575,000
  • Taxes: $50,566 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2396882
  • Added to Site: 208 day(s) ago

Parking

  • Uncovered Spaces: 51

Location

  • Area: 730 - Southwest Snohomish
  • County: Snohomish
  • Subdivision: Lynnwood
  • Driving Directions: From Seattle, get on I-5 N. Follow I-5 N to 220th St SW in Mountlake Terrace. Take exit 179 from I-5 N. Follow 220th St SW to 66th Ave W.

School Information

  • High School District: Edmonds

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick
  • Roof: Built-Up
  • Stories in Building: 2
  • Square Feet: 22,100
  • Year Built: 1962

Unit Information

  • Units in Building: 31

Lot Features

  • Lot Size (Acres): 1.41
  • Lot Size (Sq. Ft.): 61,419
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $50,566
  • Tax Year: 2024
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 27042000201000

Listed by Michael Urquhart | Paragon Real Estate Advisors | (206) 623-8880 and Brian D. Platt | Paragon Real Estate Advisors | (206) 623-8880
Sold by Ben Douglas | Paragon Real Estate Advisors and Brian D. Platt | Paragon Real Estate Advisors

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 19618 -19628 68th Ave W

School District:Edmonds School District
NameGradesDistance
College Place Elementary School
20401 76th Avenue West, Lynnwood, WA 98036
K-60.6 mi
College Place Middle School
7501 208th Street Southwest, Lynnwood, WA 98036
7-80.7 mi
Edmonds Woodway High School
7600 212th Street Southwest, Edmonds, WA 98026
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 19618 -19628 68th Ave W

Date
Details
Price
Change
Source
12/09/2025
Sold
$4,575,000
1.78%
MLS
6/24/2025
Listed
$4,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Michael Urquhart | Paragon Real Estate Advisors | (206) 623-8880 and Brian D. Platt | Paragon Real Estate Advisors | (206) 623-8880
Sold by Ben Douglas | Paragon Real Estate Advisors and Brian D. Platt | Paragon Real Estate Advisors

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19618 -19628 68th Avenue W, Lynnwood, WA 98036 (MLS# 2396882) is a Multi-Family property that was sold at $4,575,000 on December 09, 2025. Want to learn more about 19618 -19628 68th Avenue W? Do you have questions about finding other Multi-Family real estate for sale in Lynnwood? You can browse all Lynnwood real estate or contact a Coldwell Banker agent to request more information.