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15330 40th Avenue W # A & B Lynnwood, WA $ 775,000
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15330 40th Avenue W # A & B
$ 775,000
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Share Save

15330 40th Avenue W # A & B

Lynnwood, WA, 98087
$ 775,000
Baths0.0 Sq 1,368

Monthly Estimate*

$ 4,835

Listed by Ballpark Realty
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Studio

Multi-Family Home for sale in Lynnwood, WA

for $775,000. This 1,368 square foot home was built in 1955 on a lot size of 0.17.

Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed for comfort and functionality. Whether you're house-hacking or building your rental portfolio, this is a smart, versatile investment you won't want to miss! This home appraised at 925K in 2023 prior to updates so its priced to sell!

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Multi-Family Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,255

Style

Duplex

Lot Size

0.17

Year Built

1955

Town/City

Lynnwood

County/Region

Snohomish

MLS | Web ID

2390152
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1955
View Territorial
Unit Number A & B
Property Subtype Multi Family
Tax Year 2024
County Snohomish
Net Operating Income 55145
Insurance Expense 2400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lynnwood
Special Listing Conditions Short Sale
Status Active
Directions Use google maps
High School Buyer To Verify
City Lynnwood
Senior Community Y/N N
High School District Edmonds
Open Parking Spaces 6
Number Of Units Total 2
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 7405
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA State Bond VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 4255
Electric Expense 3600
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms
Leasable Area 2008
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company Alderwood Water District
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 3000
Property Style 52 - Duplex
Cap Rate 0.07
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Exterior
Exterior Amenities Wood Wood Products
Parking Features RV Parking
Lot Features Open Space Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 1368
Lot Size Acres 0.17
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Outbuildings Patio RV Parking
Parking Uncovered Spaces 6
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2390152
Street Number 1 15330
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* Excluded Features
List By
Tyler Ware

Listing Agent

Ballpark Realty

Broker

Affordability Calculator

$5,190
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,835
Monthly Property Taxes
$355
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100743 Elementary School
3100712 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/30/2025$775,000 -6.06% Price Down
8/18/2025$825,000 -2.94% Price Down
7/22/2025$849,999 -2.30% Price Down
7/18/2025$869,999 -0.57% Price Down
7/9/2025$874,999 0.00% Price Down
6/30/2025$875,000 -2.78% Price Down
6/20/2025$900,000 -2.70% Price Down
6/9/2025$925,000 Listed Price

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15330 40th Avenue W # A & B, Lynnwood, WA, 98087 is a Multi-Family Home for sale at $775,000 with 1,368 sqft and a lot size of 0.17. 15330 40th Avenue W # A & B is a studio with 0.0 baths and was built in 1955. The property's zip code is 98087 which is in Lynnwood, WA

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