$7,150,000
8509 244th Street SW, Edmonds, WA 98026
14,870 Sq Ft
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MLS #2555202 / Listing provided by NWMLS & The Preview Group.

$7,150,000

8509 244th Street SW
Edmonds, WA 98026

Active 2 days ago · 2 Days
14,870
Sq Ft
$481
Per Sq Ft
2021
Year Built

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.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Garage Spaces: 3
  • Parking Total: 30
  • Total Uncovered Parking Spaces: 30

Structure

  • Roof: Composition
  • Exterior Features: Cement Planked, Wood Products
  • Foundation: Poured Concrete, Slab

Lot Details

  • Lot Features: Paved
  • Acres: 0.67
  • Foundation: Poured Concrete, Slab
Area Features

Schools

  • High School District: Edmonds

Lot Details

  • Lot Features: Paved
  • Acres: 0.67
  • Foundation: Poured Concrete, Slab
Utilities

Power

  • Energy Source: Electric, See Remarks
  • Power Company: Snohomish PUD

Water, Sewer, and Garbage

  • Sewer Company: Olympic Water & Service
  • Sewer: Sewer Connected
  • Water Company: Olympic Water & Service
  • Water Source: Public
  • Water, Sewer, and Garbage: 35051
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