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.
Active
Listed by: Best Choice Realty LLC • Robert Hardy
$1,197,500
5208 188th Street SW, Lynnwood, WA 98037
6beds
6baths
2,976sqft
:
Get pre-qualified$7,413/mo
Triplex, Multi Family
Built in 1968
-- sqft lot
$1,147,500 Zestimate®
$402/sqft
$-- HOA
What's special
Washer and dryerCorner lot
- 65 days |
- 222 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Robert Hardy,
Best Choice Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2526122
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Heat Pump, Wall Furnace, Electric
Cooling
- Heat Pump
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,976
- Total interior livable area: 2,976 sqft
Property
Parking
- Total spaces: 6
- Uncovered spaces: 6
Lot
- Size: 0.26 Acres
- Features: Corner Lot, Fenced-Partially
Details
- Parcel number: 00377900000900
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Concrete Ribbon
- Roof: Torch Down
Condition
- Year built: 1968
- Major remodel year: 1968
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $880,100
- Annual tax amount: $8,386
- Date on market: 5/19/2026
- Cumulative days on market: 66 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$1,147,500
$1.09M - $1.20M
$2,484/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $1,197,500+257.2%$402/sqft |
Source:  NWMLS as distributed by MLS GRID #2526122 Report a problem | ||
| 1/4/2012 | Sold | $335,280-18%$113/sqft |
Source: Public Record Report a problem | ||
| 6/12/2009 | Listing removed | $409,000$137/sqft |
Source: Postlets #28197508 Report a problem | ||
| 3/20/2009 | Listed for sale | $409,000$137/sqft |
Source: Postlets #28197508 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,013 +3.3% | $880,100 +0.5% |
| 2023 | $6,790 +13.2% | $875,800 +9.1% |
| 2022 | $5,998 -9.8% | $802,800 +9.8% |
| 2021 | $6,649 +15.1% | $731,000 +14.9% |
| 2020 | $5,775 -6.4% | $636,000 +6% |
| 2019 | $6,167 | $600,000 +24% |
| 2018 | -- | $484,000 +18% |
| 2017 | $5,425 +41.9% | $410,000 +3.6% |
| 2016 | $3,822 | $395,800 +16.4% |
| 2015 | $3,822 +13.1% | $340,000 +19.3% |
| 2013 | $3,378 | $285,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,263 -1% | $182,000 |
| 2000 | $2,287 | $182,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98037
Nearby schools
GreatSchools rating
- 3/10Cedar Valley Community SchoolGrades: K-6Distance: 0.4 mi
- 7/10Alderwood Middle SchoolGrades: 7-8Distance: 2.6 mi
- 6/10Lynnwood High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Cedar Vly Community
- Middle: Alderwood Mid
- High: Lynnwood High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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