14430 40th Avenue W
Lynnwood, WA, 98087 $ 1,250,000
Bedrooms6 Baths6.0 Sq 2,800 Monthly Estimate*
$ 7,893
for $1,250,000 with 6 bedrooms and 6 full baths. This 2,800 square foot home was built in 1995 on a lot size of 0.4.
Prime investment opportunity featuring a turn-key, fully updated duplex plus buildable land! Ideal for owner-occupants or savvy investors, this property offers incredible versatility. The easily accessible additional land allows you to build ADUs for extra income, construct a workshop, or subdivide and sell to a developer. The exterior boasts a new roof, gutters, fresh paint, stone accents, and refreshed landscaping (completed July 2026). Both bright, light-filled units feature vaulted ceilings, 3 bedrooms, 2.5 bathrooms, gas fireplaces, quartz countertops, new appliances, fully fenced private yards with spacious decks, and large two-car garages with ample extra parking. Unit A has been further enhanced with fresh interior paint, new flooring, updated trim, modern vanities, and new lighting. Conveniently located with fast access to I-5, I-405, public transit, the Lynnwood Light Rail Station, shopping, dining, parks, and lakes. (Buyer to verify all development opportunities).
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FeaturesGeneralLiving Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 4
Security Features Fully Fenced
Year Built 1995
Property Subtype Multi Family
Tax Year 2026
County Snohomish
Net Operating Income 75733
Insurance Expense 1200
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Picnic Point
Special Listing Conditions None
Status Active
Directions GPS works!
City Lynnwood
Senior Community Y/N N
High School District Mukilteo
Number Of Units Total 2
MLS Area 740 - Everett/Mukilteo
Lot Size Units Square Feet
Lot Size Square Feet 17424
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 8267.26
Electric Expense 0
Fuel Expense 0
Public Remarks Prime investment opportunity featuring a turn-key fully updated duplex plus buildable land! Ideal for owner-occupants or savvy investors this property offers incredible versatility. The easily access
Leasable Area 2800
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Alderwood
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 6.05
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ExteriorExterior Amenities Cement Planked Stone
Parking Features RV Parking
Lot Features Dead End Street
Water Source Public
Total Parking 14
Foundation Details Block
Building Area Total 2800
Lot Size Acres 0.4
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Gas Available High Speed Internet Outbuildings RV Parking
Parking Uncovered Total 10
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InteriorFlooring Ceramic Tile Vinyl 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 Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal OnlyOriginalMLSID NWM2587485
Street Number 1 14430
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* Excluded FeaturesList Byhaley.matz@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,893
- Monthly Property Taxes
- $689
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Lynnwood, WA
Average List Price $1,884,091
Percent of Sale Price 51%
About Lynnwood, WA 39,549 Population
16% Since 2002
$ 57,574 Median Income
39.17 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
256752 Elementary School
258625 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/25/2026 | $1,250,000 | | Listed Price |