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.
7 days
|
113
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Roy Gursli,
The Preview Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2555202
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 35
Bathrooms: 22
Heating
Ductless, Radiant, Electric, See Remarks
Cooling
Ductless
Features
Flooring: Laminate, Vinyl Plank, Carpet
Has fireplace: No
Interior area
Total structure area: 14,870
Total interior livable area: 14,870 sqft
Property
Parking
Total spaces: 30
Parking features: Garage
Garage spaces: 3
Uncovered spaces: 30
Lot
Size: 0.67 Acres
Features: Paved, Cable TV, Deck, Electric Car Charging, Fenced-Partially, Patio, Sprinkler System
Details
Parcel number: 00463303200303
Zoning description: Multi-Family
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family
Materials
Cement Planked, Wood Products, Cement Plank
Foundation: Poured Concrete, Slab
Roof: Composition
Condition
Year built: 2021
Major remodel year: 2021
Utilities & green energy
Electric: Company: Snohomish PUD
Sewer: Sewer Connected, Company: Olympic Water & Service
Water: Public, Company: Olympic Water & Service
Utilities for property: Comcast-Ziply, Comcast
Community & HOA
Community
Subdivision: Edmonds
Location
Region: Edmonds
Financial & listing details
Price per square foot: $481/sqft
Annual tax amount: $42,747
Date on market: 7/13/2026
Cumulative days on market: 10 days
Listing terms: Farm Home Loan,See Remarks
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,697/mo
Price history
Date
Event
Price
7/15/2026
Listed for sale
$7,150,000$481/sqft
Source: NWMLS as distributed by MLS GRID #2555202Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.