For Sale
No HOANo HOA
Multi family home for sale at 15328 40th Avenue W, Lynnwood, WA 98087 | MLS# NWM2575395 | Listing updated on 2026-09-25
Photo 1 of Multi family home for sale at 15328 40th Avenue W, Lynnwood, WA 98087 | MLS# NWM2575395 | Listing updated on 2026-09-25
Photo 2 of Multi family home for sale at 15328 40th Avenue W, Lynnwood, WA 98087 | MLS# NWM2575395 | Listing updated on 2026-09-25
Photo 3 of Multi family home for sale at 15328 40th Avenue W, Lynnwood, WA 98087 | MLS# NWM2575395 | Listing updated on 2026-09-25
Photo 4 of Multi family home for sale at 15328 40th Avenue W, Lynnwood, WA 98087 | MLS# NWM2575395 | Listing updated on 2026-09-25
21+
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Listed by: Tom Cowan (206) 707-2585 | Windermere Real Estate Co. (206) 526-5544

$969,000

Monthly Est:$4,823

  • Beds Icon7 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,248sqft

15328 40th Avenue W, Lynnwood, WA 98087

$4,823/moEst:

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  • Multi Family

  • Built in 1966

  • $-- HOA

  • 9,583 sqft lot

  • $298/sq.ft

Description

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 25, 2026 at 1:13 am
  • Source: Northwest Multiple Listing Service | MLS#: NWM2575395 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Snohomish County

  • City

    Lynnwood

  • Neighborhood

    --

  • Year Built

    1966

  • HOA Fees

    -

  • Finished Area

    3,248 sqft

  • Lot Size

    9,583 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2575395

  • MLS Status

    Active

  • Days on Market

    24

  • Cumulative Days on Market

    211

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 7

    Bathrooms: 4

Interior

  • Flooring

    Vinyl, Vinyl Plank, Carpet

  • Exterior Features

    Metal/vinyl

  • Sewer

    Sewer Connected

  • Heating

    Baseboard

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1966

  • Home type

    Multi Family

  • Roof

    Built Up, Flat, Torch Down

  • Foundation Details

    Slab

  • Construction Materials

    Metal/vinyl

Utilities & Energy

  • Water Source

    Public

Other Features

  • Lot Features

    Dead End Street, Paved

  • Subdivision Name

    Lynnwood

Price History

DateEventPrice

09/08/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2575395

Listed for Sale

$969,000

$298/sqft

09/01/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2563529

Listing Removed

$969,000

$298/sqft

08/09/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2563529

Pending

$969,000 +12.28%

$298/sqft

12/25/2020

Source: mls_logoNorthwest Multiple Listing Service #NWM1680763

Price Increased

$863,000 +165.54%

$266/sqft

07/13/2004

Source: mls_logoNorthwest Multiple Listing Service #NWM24036309

Sold

$325,000

$100/sqft

Nearby Homes

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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