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15817 Manor Way Lynnwood, WA $ 3,300,000
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$ 3,300,000 Get more info
15817 Manor Way
$ 3,300,000
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15817 Manor Way

Lynnwood, WA, 98087
$ 3,300,000
Baths0.0 Sq 6,792

Monthly Estimate*

$ 20,588

Listed by Keller Williams Realty Bothell
15817 Manor Way, Lynnwood, WA 98087 - Image 1
15817 Manor Way, Lynnwood, WA 98087 - Image 2
15817 Manor Way, Lynnwood, WA 98087 - Image 3
15817 Manor Way, Lynnwood, WA 98087 - Image 4
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15817 Manor Way, Lynnwood, WA 98087 - Image 7
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15817 Manor Way, Lynnwood, WA 98087 - Image 9
15817 Manor Way, Lynnwood, WA 98087 - Image 10
Studio

Multi-Family Home for sale in Lynnwood, WA

for $3,300,000. This 6,792 square foot home was built in 1968 on a lot size of 1.78.

Rare Investment/Development Offering – 1.78 Acre site comprised of four parcels in the Mixed Use Corridor zone. Flexible zoning supports Apartments, Commercial, and Retail with potential heights up to 135’. Current improvements include 8 rental units (two duplexes + one fourplex) producing strong cash flow of $13,535/month. Ideal for investors seeking stable income today with significant redevelopment upside tomorrow. Owner has completed survey and wetlands study. Buyer to verify. Feasibility studies considered.

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Multi-Family Active

Price

$ 3,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,463

Style

5-9 Units

Lot Size

1.78

Year Built

1968

Town/City

Lynnwood

County/Region

Snohomish

MLS | Web ID

2447007
Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1968
Property Subtype Multi Family
Tax Year 2025
County Snohomish
Net Operating Income 114492
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Edmonds
Special Listing Conditions None
Status Active
Directions From I-5 take SR-525/196th St SW exit. east on 196th. left on 44th Ave W. right on 164th St SW. right on Manor Way. arrive 15817 Manor Way (Lynnwood).
City Lynnwood
Senior Community Y/N N
High School District Edmonds
Open Parking Spaces 16
Number Of Units Total 8
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 77536
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 24463
Electric Expense 0
Fuel Expense 0
Public Remarks Rare Investment/Development Offering 1.78 Acre site comprised of four parcels in the Mixed Use Corridor zone. Flexible zoning supports Apartments Commercial and Retail with potential heights up to 1
Leasable Area 6792
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 3.5
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Exterior
Exterior Amenities Wood
Lot Features Paved
Total Parking 20
Building Area Total 6792
Lot Size Acres 1.78
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 16
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Interior
Total Fireplaces 0
Total Stories 1
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 NWM2447007
Street Number 1 15817
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* Excluded Features
List By
Corey Crain

Listing Agent

Keller Williams Realty Bothell

Broker

Affordability Calculator

$22,626
Per Month
91%
9%
0%
Monthly Principal & Interest
$20,588
Monthly Property Taxes
$2,039
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
256968 Elementary School
257957 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/21/2025$3,300,000 Listed Price

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15817 Manor Way, Lynnwood, WA, 98087 is a Multi-Family Home for sale at $3,300,000 with 6,792 sqft and a lot size of 1.78. 15817 Manor Way is a studio with 0.0 baths and was built in 1968. The property's zip code is 98087 which is in Lynnwood, WA

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