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  • Listed by: FIRST AND MAIN • Kathie Salvadalena
    Bought with: RE/MAX Northwest
    $980,000

    3618 SHELBY ROAD, Lynnwood, WA 98087

    6beds
    4baths
    3,004sqft
    Duplex, Multi Family
    Built in 1995
    -- sqft lot
    $978,400 Zestimate®
    $326/sqft
    $2,334 Estimated rent

    Home value

    $978,400

    $929,000 - $1.03M

    $2,334/mo

    Zestimate® history
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    What's special

    Generous off-street parkingPrivate backyardsAttached garagesManicured groundsWell-designed floor plansCovered patiosFresh exterior paint
    [INVESTMENT OPPORTUNITY] Exceptional duplex in a PRIME LYNNWOOD LOCATION offering outstanding income potential, owner-occupant flexibility, and long-term investment value. FRESH EXTERIOR PAINT, NEW ROOF, manicured grounds, generous off-street parking, attached garages, and separate utility meters make this a truly turnkey opportunity. Each spacious 3-BEDROOM, 2.5-BATH residence offers comfortable, functional living with well-designed floor plans, private backyards, covered patios, and an easy, low-maintenance lifestyle. Ideally situated with quick access to I-5, I-405, public transit, the Lynnwood Light Rail Station, Lynnwood City Center, Alderwood Mall, shopping, dining, parks, and major employers, providing exceptional commuter convenience and strong long-term tenant appeal. Minutes to Lake Serene with public boat launch and perfect for paddleboarding. Whether you're expanding your investment portfolio, seeking a multi-generational living solution, or planning to live in one unit while generating rental income from the other, this property offers exceptional versatility in one of Snohomish County's most desirable and rapidly growing communities. A rare opportunity with excellent upside and lasting value. [THE CONVENIENCE OF TODAY. THE VALUE OF TOMORROW]

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathie Salvadalena,

    FIRST AND MAIN

    Bought with:

    Larisa Skobyak, 83758

    RE/MAX Northwest

    Source: NWMLS as distributed by MLS GRID,MLS#: 2566134MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Fireplace Insert, Forced Air, Electric, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Laminate, Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 3,004
    • Total interior livable area: 3,004 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.28 Acres
    • Features: Corner Lot, Dead End Street, Paved, Sidewalk, Cable TV, Gas Available, High Speed Internet, Patio
    Details
    • Parcel number: 00570300203001
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1995
    • Major remodel year: 1995

    Utilities & green energy

    • Electric: Company: PUD
    • Sewer: Sewer Connected, Company: Alderwood
    • Water: Public, Company: Alderwood
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Lynnwood
    Location
    • Region: Lynnwood

    Financial & listing details

    • Price per square foot: $326/sqft
    • Tax assessed value: $928,000
    • Annual tax amount: $7,823
    • Date on market: 8/7/2026
    • Listing terms: Conventional

    Price history

    DateEventPrice
    9/9/2026Sold$980,000-1.5%$326/sqft
    Source: NWMLS as distributed by MLS GRID #2566134 Report a problem
    8/18/2026Pending sale$995,000$331/sqft
    Source: NWMLS as distributed by MLS GRID #2566134 Report a problem
    8/7/2026Listed for sale$995,000$331/sqft
    Source: NWMLS as distributed by MLS GRID #2566134 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,823 +6.5%$928,000 +9.3%
    2024$7,346 -1.9%$848,700 -2.9%
    2023$7,488 -1.1%$874,000 -5.4%
    2022$7,571 +2.5%$923,600 +21%
    2021$7,384 +4.6%$763,500 +9.9%
    2020$7,062 +11%$694,700 +8.8%
    2019$6,361 $638,500 +12%
    2018-- $570,000 +19.2%
    2017$5,919 +26.8%$478,000 +8.1%
    2016$4,667 $442,100 +16.9%
    2015$4,667 -2.2%$378,100 +3.9%
    2013$4,773 $363,900
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2002-- --
    2001$3,134 +3.8%$216,500
    2000$3,020 $216,500
    Find assessor info on the county website

    Neighborhood: 98087

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairmount Elem
    • Middle: Harbour Pointe Mid
    • High: Mariner High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $978,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $978,400