15328 40th Avenue W, Lynnwood, WA 98087 (MLS # 2476109)
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Listing provided courtesy of Northwest MLS; Windermere Real Estate Co.
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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!). Coin-op 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.
| LAST UPDATED | 2/24/2026 | TRACT | Lynnwood |
|---|---|---|---|
| YEAR BUILT | 1966 | COMMUNITY | Lynnwood |
| COUNTY | Snohomish | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 730 - Southwest Snohomish |
| CONSTRUCTION | Metal Siding, Vinyl Siding |
| HEAT | Baseboard, Electric |
| LOT | 9583 sq ft |
| LOT DESCRIPTION | Dead End Street, Paved |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Lynnwood |
| TAXES | 7822 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/25/26 8:45 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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