Rockhood
$1,050,000List price
Active

14926 40th Avenue W #3 · Lynnwood, WA 98087

Source: NWMLS · Lions Realty Group · Michelle Lions #NWM2500007

About this home

Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive 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!

Location

Basics

Property type
Multi Family
Style
Duplex
Stories
2 stories
Year built
1999
Building area
3,256 sq ft
Lot size
7,370 sq ft (0.17 acres)
County
Snohomish
MLS #
NWM2500007

Interior

Heating
Wall Furnace
Cooling
None
Flooring
Vinyl Plank, Carpet

Exterior & lot

Exterior features
Metal/Vinyl
Roof
Composition
Foundation
Poured Concrete
Lot features
Dead End Street
View
Territorial
Waterfront
No

Parking

Parking spaces
4
Garage
2
Covered spaces
2

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Lynnwood
Property tax
$5,800 (2026)

Transaction

Original list price
$1,125,000 (6.7% price cut)
Listed on
Apr 2, 2026
Days on market
170
Listing terms
Cash, Conventional
Possession
Subject To Tenant Rights

More homes nearby

Schools

School district: Edmonds

High
Meadowdale High School
SchoolDigger 3 stars · Top 34% in WA

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Listing provided courtesy of: Lions Realty Group

Listing agent: Michelle Lions.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' 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.

Data last updated 2026-09-17.