$969,000
15328 40th Avenue
Lynnwood, WA 98087
Beds
—
Baths
—
Sq Ft
—
Lot
0.22 ac
Year built
1966
Type
Residential Income
Days listed
5
MLS #
2575395
About this home
Brand-new roof installed in August 2026! 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 potential. 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.
Exterior features
Property details
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Vinyl, Vinyl Plank, Carpet
- View
- Territorial
- Lot
- Dead End Street, Paved
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $7,916 (2026)
Estimate your monthly payment
$5,559/mo
- Principal & interest
- $4,900
- Property taxes
- $660
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 Windermere Real Estate Co.— Tom Cowan.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.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.