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.
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Listing Snapshot
Price
$7,150,000
Days On Site
65 Days
Bedrooms
N/A
Inside Area (SqFt)
14,870 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.67 Acres
Year Built
2021
MLS® Number
2555202
Status
Active
Property Tax
$42,747
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
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Recent Activity
a month ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Acres
0.67
Additional Property Use
Multi-Family
Foundation
Slab
Garage
Yes
Garage Spaces
3
Number Of Stories
2
Parking Spaces
30
Property Sub Type
Multi Family
Security
Fire Sprinkler System
SqFt Total
14870
Utilities
Cable AvailableSewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Cooling
Ductless
Flooring
LaminateCarpetVinyl
Heating
ElectricDuctlessRadiant
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Exterior Features
Construction Details
Cement SidingWood Siding
Fencing
Partial
Lot Features
Paved
Patio And Porch
DeckPatio
Roof
Composition
Community Features
Association Amenities
Storage
MLS Area
730 - Southwest Snohomish
School District
Edmonds
Financing Terms Available
Cash
Schools
School District
Edmonds
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Roy Gursli of The Preview Group
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-16 03:07 PM PDT
Neighborhood & Commute
Source: Walkscore
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