Listing Office: Windermere Real Estate Co. Northwest Multiple Listing Service Logo

15328 40th Avenue W, Lynnwood, WA

$969,000

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3,248

Square feet

0.22

Acres

About 15328 40th Avenue W

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.

Features of 15328 40th Avenue W

MLS® # 2575395
Price $969,000
Square Footage 3,248
Acres 0.22
Year Built 1966
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 15328 40th Avenue W
Area 730 - Southwest Snohomish
Subdivision Lynnwood
City Lynnwood
County Snohomish
State WA
Zip Code 98087

Amenities

Parking Spaces 8
View Territorial
Is Waterfront No

Interior

Heating Baseboard
Cooling None
Fireplace No
# of Stories 2

Exterior

Exterior Features Metal/Vinyl
Lot Description Dead End Street, Paved
Foundation Slab

School Information

District Edmonds

Additional Information

Date Listed September 8th, 2026
Days on Market 187
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere Real Estate Co.

Listing Map

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