19618 19628 68th Avenue W
Lynnwood, WA 98036
Map
- – beds
- – baths
- 22,100 sqft
- ~1 acre lot
- $203 per sqft
- 1962 build
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.
Last checked:
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Last updated Jun 26, 2025
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MLS# 2396882 —
The Building
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Year Built:1962
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Year Built:1962
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Roof:Built-Up
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Exterior Features:Brick
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Units In Building Total:31
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Stories Total:2
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Building Area Total:22100
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Building Area Units:Square Feet
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Calculated SqFt:22100
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Construction Materials:Brick
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.820796
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Longitude:-122.325464
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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.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Parcel Number:27042000201000
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Lot Size Units:Square Feet
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Lot Size Acres:1.41
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Lot Size SqFt:61419
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Lot Size Source:Public Records
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View:false
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Waterfront:false
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Additional Parcels Description:27042000200900
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 623-8880
- Office phone:
- (206) 623-8880
Taxes
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Tax Year:2024
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Tax Annual Amount:50566
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:53787
Schools
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High School District:Edmonds
The Community
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Subdivision Name:Lynnwood
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Senior Community:false
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Association:false
Parking
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Parking Total:51
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Parking Uncovered Spaces:51
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Open Parking:true
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Open Parking Spaces:51
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Carport:false
Listing courtesy of NWMLS / Paragon Real Estate Advisors
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/24/25
Jun 24, 2025
|
Listed / Active | NWMLS | $4,495,000 |
