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  • Listed by: Lions Realty Group • Michelle Lions
    Price cut: $24K (5/28)
    $1,075,000

    14926 40th Avenue W #2, Lynnwood, WA 98087

    6beds
    6baths
    3,256sqft
    : 
    $6,678/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1999
    -- sqft lot
    $1,047,600 Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Expansive remodeled residencesThoughtfully designed livingSpacious open-concept layoutsSeamless indoor-outdoor flowPrivate bedroom retreats
    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
    |
    139
    |
    7
    |

    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#: 2500006MLS Logo

      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

        $1,047,600

        $995,000 - $1.10M

        $2,971/mo

        Price history

        DateEventPrice
        5/28/2026Price change$1,075,000-2.2%$330/sqft
        Source: NWMLS as distributed by MLS GRID #2500006 Report a problem
        4/27/2026Price change$1,099,000-4.4%$338/sqft
        Source: NWMLS as distributed by MLS GRID #2500006 Report a problem
        4/3/2026Listed for sale$1,150,000+289.8%$353/sqft
        Source: NWMLS as distributed by MLS GRID #2500006 Report a problem
        11/17/1998Sold$295,000$91/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,801 +16.4%$698,000 +17.5%
        2023$4,985 +7.2%$594,000 +2.9%
        2022$4,651 -12.9%$577,000 +6.1%
        2021$5,337 +7.1%$544,000 +7.9%
        2020$4,981 -6.2%$504,000 +4.7%
        2019$5,309 $481,300 +9.9%
        2018-- $437,900 +18.4%
        2017$4,911 +24.2%$370,000 +8.8%
        2016$3,955 $340,000 +9.7%
        2015$3,955 -0.9%$310,000 +4%
        2013$3,992 $298,000
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: North Lynnwood

        Getting around

        68 / 100
        Somewhat Walkable
        45 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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