15328 40th Avenue W · Lynnwood, WA 98087
Source: NWMLS · Windermere Real Estate Co. · Tom Cowan #NWM2575395
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.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Year built
- 1966
- Building area
- 3,248 sq ft
- Lot size
- 9,583 sq ft (0.22 acres)
- County
- Snohomish
- MLS #
- NWM2575395
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Vinyl, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Metal/Vinyl
- Roof
- Built-Up, Flat, Torch Down
- Foundation
- Slab
- Lot features
- Dead End Street, Paved
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 8
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Lynnwood
- Property tax
- $7,916 (2026)
Transaction
- Listed on
- Sep 8, 2026
- Days on market
- 199
- Listing terms
- Cash, Conventional
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2020-12-24
- Sold$863,000
Schools
School district: Edmonds
- High
- Meadowdale High SchoolSchoolDigger 3 stars · Top 34% in WA
Listing provided courtesy of: Windermere Real Estate Co.
Listing agent: Tom Cowan.
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 2026-09-08.