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15328 40th Avenue W, Lynnwood, WA 98087

Lynnwood
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: tom cowan
Office: windermere real estate co.
MLS#:2563529
Source:NWMLS
15328 40th Avenue W,Lynnwood, WA 98087
$969,000
  • - Beds
  • - Baths
  • 3,248 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$969,000
  • Price per sq. ft.:$298.34

About this home

New Price! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income. A flexible asset with the ability to immediately owner-occupy, or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

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Home facts

  • Year built:1966
  • Subdivision & Development:Lynnwood
  • Listing ID #:2563529
  • Updated:August 31, 2026 at 11:39 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor, Vinyl Plank
  • Living area:3,248 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof, Torch Down
  • Year built:1966
  • Building area:3,248 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Dead-end Street, Paved
  • Construction Materials:Metal/Vinyl Exterior Finish
  • Exterior Features:Deck

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$969,000
  • Price per sq. ft.:$298.34
  • Tax amount:$7,822 (2025)

Features and amenities

  • Amenities:Cable TV

Parking

  • Total parking spaces:8
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 31, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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