Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive remodeled residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!
130 days
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139
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7
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Zillow last checked:
Listing updated:
Listed by:
Michelle Lions,
Lions Realty Group,
Robert Carroll,
Lions Realty Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2500006
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Heating
Wall Furnace, Electric
Cooling
None
Features
Flooring: Vinyl Plank, Carpet
Windows: Thermal Windows
Has fireplace: No
Interior area
Total structure area: 3,256
Total interior livable area: 3,256 sqft
Property
Parking
Total spaces: 8
Parking features: Garage
Garage spaces: 4
Uncovered spaces: 4
Features
Has view: Yes
View description: Territorial
Lot
Size: 5,915 Square Feet
Features: Paved, Cable TV, Deck, Fenced-Partially, High Speed Internet
Details
Parcel number: 00876400000200
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family
Materials
Metal/Vinyl
Foundation: Poured Concrete
Roof: Composition
Condition
Updated/Remodeled
Year built: 1999
Utilities & green energy
Sewer: Sewer Connected
Water: Public
Green energy
Energy efficient items: Thermal Windows
Community & HOA
Community
Subdivision: Lynnwood
Location
Region: Lynnwood
Financial & listing details
Price per square foot: $330/sqft
Tax assessed value: $698,000
Annual tax amount: $5,800
Date on market: 4/2/2026
Cumulative days on market: 131 days
Listing terms: Conventional
Estimated market value
Zestimate®
$1,047,600
Estimated sales range
$995,000 - $1.10M
Rent Zestimate®
$2,971/mo
Price history
Date
Event
Price
5/28/2026
Price change
$1,075,000-2.2%$330/sqft
Source: NWMLS as distributed by MLS GRID #2500006Report a problem
4/27/2026
Price change
$1,099,000-4.4%$338/sqft
Source: NWMLS as distributed by MLS GRID #2500006Report a problem
4/3/2026
Listed for sale
$1,150,000+289.8%$353/sqft
Source: NWMLS as distributed by MLS GRID #2500006Report a problem