15328 40th Avenue W Lynnwood, WA 98087

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15328 40th Avenue W Lynnwood, WA 98087

Unit 2 - 2 beds, 1 bath. Newer LVP flooring, paint, light fixtures, and appliances.

1 of 2 bedrooms.

Clean full bathroom.

2 of 2 bedrooms.

Unit 3 - Refreshed kitchen with LVP flooring, painted cabinets, quartz counters, and newer hardware.

Unit 3 living room.

Unit 3 bedroom - may be nonconforming.

Unit 3 full bathroom.

Unit 4 kitchen with newer appliances, cabinets, countertop, and LVP flooring. (Previous leasing photos).

Unit 4 - Living room (previous leasing photos).

Unit 4 - 1 of 2 bedrooms (may be nonconforming). Previous leasing photo.

Unit 4 Full bathroom (Previous leasing photo).

Coin-op laundry for additional income.

Courtesy of Windermere Real Estate Co.

15328 40th Avenue W

Lynnwood, WA 98087

$1,029,000

Multi-Family

0 Beds

0.00 Baths

0 SqFt

Active

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. 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.

Property Features

Community: Lynnwood
4-Plex
View: Territorial
Cable TV
Deck
Exterior: Metal/Vinyl
Roof: Flat
Roof: Torch Down
Year Built: 1966
2025 Taxes: $7822.00
Buyer Broker Comp.: 2.5%
Listing #: 2476109

Lot Details

Lot Size: 0.22 acres
Dead End Street
Paved
No. of Units: 4

Interior

Cooling: None
Heating: Baseboard
Electric

Common Features

Coin Op Laundry

Schools

District: Edmonds

Call or Email:

Grace Wamwere

206-395-4584

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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PROPERTIES FOR SALE