Sold265d on market
8889 Depot Rd
Lynden, WA, 98264 • 98264 • Whatcom County
$5,000,000
$238/sqft
21,000Sqft
1 acLot
2022Built
Property DNA
Territorial Views
Territorial
Lynden
98264
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
265 days on market
Established listing
$238/sqft
Price per square foot
About this home
Multi Family · Built 2022
Presenting a prime investment opportunity, this well-maintained 18-unit complex spans 21,000 square feet across three stories. The property features a mix of 9 one-bedroom and 9 two-bedroom units, offering a versatile range of living spaces to meet tenant needs, including the convenience of an elevator. Each unit is thoughtfully designed for comfort and functionality, with ample natural light and spacious layouts. In addition to the residential units, the sale includes 4 storage condos, providing additional income potential. The complex is strategically located, offering easy access to key amenities, public transportation, and major roads. This is an ideal opportunity for investors!
Standout features identified
Our analysis highlights ample natural light and spacious layouts as key attractions of this home.
Estimated monthly payment
Based on current rates
$31,134/month
Principal & Interest$24,468
Property Tax$5,000
Insurance$1,667
Down payment20% ($1,000,000)
3%50%
Est. 6.19% rate · 30yr fixed · $4,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built2022
HeatingHigh Efficiency (Unspecified), Electric
CoolingWall Unit(s)
Parking4 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built2022
Systems
HeatingHigh Efficiency (Unspecified), Electric
CoolingWall Unit(s)
RoofComposition
ConstructionBrick, Cement Planked, Cement Plank
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingOpen
Lot1.01 Acres
Location & Tax
Neighborhood98264
Annual tax$32,000
Parcel4003172505500000
Features & details
7 categories of property features
Interior Features
Flooring
Vinyl Plank
Heating
High Efficiency (Unspecified)
Electric
Cooling
Wall Unit(s)
Exterior Features
Parking
Open
Construction
Brick
Cement Planked
Cement Plank
Lot Features
Corner Lot
Sidewalk
Cable TV
Deck
Sprinkler System
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market265
Est. value$5,124,300
Est. rent$1,900/mo
Tax rate0.70%
Price/sqft$238
On marketMay 11, 2025
PostedDec 18, 2024
Last sold$5,000,000
MLS statusSold
MLS updatedAug 15, 2025
Tour days6
Views1
How are the schools in Lynden?
3 schools rated nearby
Location
Lynden, WA, 98264
Price history
3 events
DateEventPrice$/sqftSource
Jul 15, 2025Sold$5,000,000$238NWMLS as distributed by MLS GRID
Mar 24, 2025Pending Sale$5,200,000$248NWMLS as distributed by MLS GRID
Dec 18, 2024Listed For Sale$5,200,000$248NWMLS as distributed by MLS GRID
Sold$5,000,000
Jul 15, 2025•$238/sqft•NWMLS as distributed by MLS GRID
Pending Sale$5,200,000
Mar 24, 2025•$248/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$5,200,000
Dec 18, 2024•$248/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Lynden, WA • Whatcom County
Nearby cities
AcmeBellinghamBlaineCusterDemingFerndaleLyndenMaple Falls
Nearby zip codes
98264
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 04:48:31 PDT. All data is obtained from various sources and may not have been verified by 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. [Click here for more information](/mls-disclaimers/#39)
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