2209 Dejong Drive Lynden, WA 98264
Sold
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Windermere Real Estate Whatcom, Inc. / Loren VanCorbach and Windermere Real Estate Whatcom

  2209 Dejong Drive Lynden, WA 98264

Sold on 05/09/2023
$1,850,000 (USD)
5,863
SQFT
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Description

Ultimate investment opportunity! New 4-plex recently finished and fully occupied designed by JWR design and constructed by West Coast Developers promising a great use of space & quality construction demanding top rent! (2) 3-bed units with single car garages & (2) 4-bed units with double car garages. Tenants pay all utilities. Property generates a GSI of $118k with low expenses resulting in a robust NOI of $98k and a healthy Cap Rate of 5.3%. Current numbers reflect a management fee of $8,280. If self managed cap rate increases to 5.7%! 7 wide plank floors, presidential carpet, ductless mini splits providing AC & heat, sparkling white quartz counters, & Whirpool stainless appliances. Fully landscaped, patios, & a low maintenance yard.

Sold Date:
05/09/2023
Taxes
$9,926(2023)
Lot Size
0.31 acres
Type
Multifamily
Year Built
2022
Style
4-Plex
Views
Territorial
School District
Lynden
County
Whatcom County
Community
Lynden

Listed By

Loren VanCorbach, Windermere Real Estate Whatcom, Inc.
Bought with
Loren Van Corbach, Windermere Real Estate Whatcom
Source
Northwest MLS
Last checked Apr 5 2026 at 4:24 PM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Lynden
Lot Information
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Ductless Hp-Mini Split
  • Tankless Water Heater
  • Wall Unit(s)
Flooring
  • Carpet
  • Vinyl Plank
Exterior Features
  • Stone
  • Cement/Concrete
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Lynden Mid
  • High School: Lynden High

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 08, 2023
Listed
$1,850,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 4/5/2026 16:24. 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.
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