15320 40th Avenue W Lynnwood WA 98087 MLS #NWM2436507

MLS #NWM2436507 image #0MLS #NWM2436507 image #1MLS #NWM2436507 image #2MLS #NWM2436507 image #3MLS #NWM2436507 image #4MLS #NWM2436507 image #5MLS #NWM2436507 image #6MLS #NWM2436507 image #7MLS #NWM2436507 image #8MLS #NWM2436507 image #9MLS #NWM2436507 image #10MLS #NWM2436507 image #11MLS #NWM2436507 image #12MLS #NWM2436507 image #13MLS #NWM2436507 image #14MLS #NWM2436507 image #15MLS #NWM2436507 image #16MLS #NWM2436507 image #17MLS #NWM2436507 image #18
Listing Provided Courtesy of Best Choice Realty LLC
Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans with each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building with all 4 units updated, new roof installed this summer and back deck freshly painted. Close to shopping, restaurants, etc. Long term tenants. Easy to rent. Low rents with opportunity to increase.
Current real estate data for Multi Family in Lynnwood as of Sep 27, 2025
9
Multi Family Listed
90
Avg DOM
372
Avg $ / SqFt
$2,849,767
Avg List Price

Property Details

Price:
$1,299,900
MLS #:
NWM2436507
Status:
Active
Beds:
8
Baths:
6
Type:
Multi Family
Subdivision:
Alderwood
Neighborhood:
730southwestsnohomish
Listed Date:
Sep 23, 2025
Finished Sq Ft:
3,812
Total Sq Ft:
3,812
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1980
Units:
4
Alderwood Manor 04730 – Southwest Snohomish730southwestsnohomishAlderwoodEdmondsBeverly ElemMeadowdale MidMeadowdale High

Schools

School District:
Edmonds
Elementary School:
Beverly Elem
Middle School:
Meadowdale Mid
High School:
Meadowdale High

Interior

Cooling
None
Flooring
Vinyl Plank, Carpet
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood, Wood Products
Parking Spots
8
Roof
Composition

Financial

Net Operating Income
$70,244
Tax Year
2024
Taxes
$8,857

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Property Summary

    Located in the Alderwood subdivision, 15320 40th Avenue W Lynnwood WA is a Multi Family for sale in Lynnwood, WA, 98087. It is listed for $1,299,900 To schedule a showing of MLS#nwm2436507 at 15320 40th Avenue W in Lynnwood, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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15320 40th Avenue W
Lynnwood, WA