About this home

AMAZING Investment Opportunity in Lynnwood! Rare opportunity to own a turn-key tri-plex in Lynnwood. Strong portfolio starter, addition or opportunity to live in one unit while renting the others! Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!

Location

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Basics

Property type: Multi Family
Style: Tri-plex
Stories: 2 stories
Condition: Good
Year built: 1963
Building area: 3,547 sq ft
Lot size: 9,148 sq ft (0.21 acres)
County: Snohomish
MLS #: NWM2534485

Interior

Heating: Baseboard, Forced Air, Stove/Free Standing
Cooling: None
Flooring: Ceramic Tile, Stone, Vinyl, Vinyl Plank, Carpet

Exterior & lot

Exterior features: Wood, Wood Products
Roof: Composition, Torch Down
Foundation: Poured Concrete
Lot features: Dead End Street, Paved, Value In Land
View: Territorial
Waterfront: No

Parking

Parking spaces: 8
Garage: 2
Covered spaces: 3
Parking features: RV Parking

Utilities

Water: Public
Sewer: Sewer Connected
Power: Electric, Natural Gas, Pellet

Community & fees

Subdivision: Lynnwood
Property tax: $7,133 (2024)

Transaction

Original list price: $947,450 (5.1% price cut)
Listed on: Jun 3, 2026
Days on market: 710
Listing terms: Cash, Conventional, VA Loan
Possession: Closing, Subject To Tenant Rights

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Sale history

Earlier listings of this home on the MLS.

2011-01-06: Sold$300,000

Schools

School district: Edmonds

Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Lynnwood High School
SchoolDigger 3 stars · Top 42% in WA

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Listing provided courtesy of: COMPASS

Listing agent: Kyle Walker.

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 2026-08-01.