15215 Larch Way Lynnwood WA 98087 MLS #NWM2386053

Listing Provided Courtesy of MacPherson’s Real Estate Serv.
Martha Lake Giant Duplex on an over 15,000 SF Lot available for the first time in years. This opportunity to have an income producing rental in one of the hottest development areas in all of Snohomish county is too good to pass up. Currently, it is a side by side, 2 story duplex with large bedrooms, individual garages, natural gas furnaces, fireplaces. From an investment standpoint, the neighbors all around have redeveloped into multiple units and with the Middle ZONING emphasis of the state, this could be a Devlopment site with MILLION dollar neighbors. Just half a block from the north end of the lake, the location and up side potential make this a truly unique chance to get a tremendous property.

Property Details

Price:
$1,150,000
MLS #:
NWM2386053
Status:
Active
Beds:
0
Baths:
0
Address:
15215 Larch Way
Type:
Multi Family
Subdivision:
Martha Lake
Neighborhood:
730 – Southwest Snohomish
City:
Lynnwood
Listed Date:
Jun 2, 2025
State:
WA
Finished Sq Ft:
2,520
Total Sq Ft:
2,520
ZIP:
98087
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1983
Units:
2

Schools

School District:
Edmonds
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Vinyl, Carpet
Heating
Forced Air

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
4
Roof
Composition

Financial

Net Operating Income
$39,983
Tax Year
2024
Taxes
$7,317

Map

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15215 Larch Way
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