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$1,065,000
2 Days On Site

15328 40th Avenue W
Lynnwood, WA 98087

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,248
SqFt
$328
/SqFt
1966
Built
Cumulative Days On Market:
1
Subdivision:
Lynnwood
County:
Snohomish
Courtesy of NWMLS
Listing courtesy of Tom Cowan of Windermere Real Estate Co.
15328 40th Avenue W15328 40th Avenue W15328 40th Avenue W15328 40th Avenue W
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Monthly Payment (Est.)

$4,859
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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!). Coin-op 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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Listing Snapshot
Price 
$1,065,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,248 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1966
MLS® Number 
2476109
Status 
Active
Property Tax 
$7,822
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
yesterdayStatus changed to Active
2 days agoListing first seen on site
General Features
Acres 
0.22
Additional Property Use 
Multi-Family
Foundation 
Slab
Number Of Stories 
1
Parking Spaces 
8
Property Sub Type 
Multi Family
SqFt Total 
3248
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Zoning 
Multi-Family
Interior Features
Flooring 
VinylCarpet
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Vinyl SidingMetal Siding
Lot Features 
Paved
Patio And Porch 
Deck
Roof 
Flat
View 
Territorial
Waterview 
Territorial
Community Features
Association Amenities 
Coin Laundry
Financing Terms Available 
CashConventional
MLS Area 
730 - Southwest Snohomish
School District 
Edmonds
Schools
School District
Edmonds
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Tom Cowan of Windermere Real Estate Co.



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-02-26 02:18 AM PST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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