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$1,197,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 20 hours ago

Listed by Robert Hardy | Best Choice Realty LLC | (206) 886-3986

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Fantastically located triplex on a corner lot in Lynnwood short distance to light rail and all conveniences. Units are 2 bedroom and one and a half bath townhome style with washer and dryer. Pride of ownership with extensive improvements that include new electrical wiring, panels and plumbing throughout. The exterior was recently painted this spring. Roof was upgraded and replaced 9 years ago. This building has historically attracted long term tenancy.

Full Property Details for 5208 188th St SW

General

  • Price: $1,197,500
  • Taxes: $8,386 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2526122
  • Updated: 5/19/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Vinyl Plank, Carpet

Additional Information

  • Amenities: Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 6

Location

  • Area: 730 - Southwest Snohomish
  • County: Snohomish
  • Subdivision: Lynnwood
  • Driving Directions: From I-5: Take 196th St exit and head west. Take right on to 52nd Ave W to 188th St SW; building is on the SW corner.

School Information

  • High School District: Edmonds
  • Elementary School: Cedar Vly Community
  • Middle School: Alderwood Mid
  • High School: Lynnwood High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Wood
  • Foundation: Concrete Ribbon
  • Roof: Torch Down
  • Stories in Building: 2
  • Square Feet: 2,976
  • Year Built: 1968

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size Source: Realist
  • Lot Features: Corner Lot
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $8,386
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 377900000900

Listed by Robert Hardy | Best Choice Realty LLC | (206) 886-3986

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Schools serving 5208 188th St SW

School District:Edmonds School District
NameGradesDistance
Cedar Valley Community School
19200 56th Avenue West, Lynnwood, WA 98036
K-60.4 mi
Alderwood Middle School
1132 172nd Street Southwest, Lynnwood, WA 98037
7-82.7 mi
Lynnwood High School
18218 North Road, Bothell, WA 98012
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5208 188th St SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$1,197,500
257.46%
MLS
12/29/2011
Sold
$335,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5208 188th St SW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,013
17%
$875,800
9%
2023
$5,998
-10%
$802,800
10%
2022
$6,649
15%
$731,000
—
2021
$5,775
—
$731,000
22%
2021
$5,775
-6%
$600,000
—
2020
$6,167
24%
$600,000
24%
2019
$4,957
-9%
$484,000
3%
2018
$5,425
25%
$470,000
15%
2017
$4,339
4%
$410,000
4%
2016
$4,183
9%
$395,800
16%
2015
$3,822
4%
$340,000
5%
2014
$3,676
—
$325,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Robert Hardy | Best Choice Realty LLC | (206) 886-3986

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5208 188th Street SW, Lynnwood, WA 98037 (MLS# 2526122) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 5208 188th Street SW is currently listed for $1,197,500 and was received on May 19, 2026. Want to learn more about 5208 188th Street SW? Do you have questions about finding other Multi-Family real estate for sale in Magnolia Falls? You can browse all Magnolia Falls real estate or contact a Coldwell Banker agent to request more information.

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