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$1,075,000

Reduced $75,000 — was $1,150,000

14926 40th Avenue #2

Lynnwood, WA 98087

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.14 ac

Year built

1999

Type

Residential Income

Days listed

166

MLS #

2500006

About this home

Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive remodeled residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!

Exterior features

Metal/Vinyl

Property details

Heating
Wall Furnace
Cooling
None
Flooring
Vinyl Plank, Carpet
View
Territorial
Lot
Paved
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$5,800 (2026)

Estimate your monthly payment

$5,919/mo

Principal & interest
$5,436
Property taxes
$483
Loan amount $860,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Lynnwood, WA 98087

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Lions Realty Group— Michelle Lions.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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