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  • Listed by: Windermere RE Whatcom, Inc.
    Price cut: $39K (6/25)
    $460,000

    408 Edson Street, Lynden, WA 98264

    2beds
    863sqft
    : 
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    Single Family Residence
    Built in 1895
    7,405 Square Feet Lot
    $450,100 Zestimate®
    $533/sqft
    $-- HOA

    What's special

    Shop is heated
    Unique mixed-use opportunity in a prime location in Lynden. This versatile property features a 40' x 36' commercial shop on Main Street with excellent access and visibility, plus a separate two-bedroom, one-bath home that offers strong rental income potential or comfortable owner occupancy.The commercially zoned shop was originally designed as a 3-bay space. One overhead door was removed to create a dedicated office area, but the door could easily be reinstalled if desired. The shop is heated, includes its own bathroom, and is well suited for a business, contractor space, office, storage, or multiple commercial uses.The detached home provides additional flexibility as a rental property, live/work setup, or owner residence. The current owner has successfully rented the home and shop separately, creating multiple income streams. With strong income potential, commercial zoning, and a highly desirable Main Street location, this is a rare investment opportunity with an attractive CAP rate and long-term upside. Fixer-upper. Sold as-is. Across the street from the old Lynden High School on Main.
    29 days
    |
    562
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Duane I. VanderYacht,

    Windermere RE Whatcom, Inc.,

    Bonnie S. VanderYacht,

    Windermere RE Whatcom, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2532849MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Entry hall
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Fireplace, Baseboard, Electric, Natural Gas
      Cooling
      • None
      Features
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 863
      • Total interior livable area: 863 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway
      • Covered spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Fireplace
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 7,405 Square Feet
      • Features: Curbs, Paved, Sidewalk, Cable TV, Gas Available, Shop
      • Topography: Level
      Details
      • Parcel number: 4003202154180000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story
      • Property subtype: Single Family Residence
      Materials
      • Cement/Concrete, Stone
      • Roof: Composition
      Condition
      • Year built: 1895

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: Lynden City
      • Water: Public, Company: Lynden City

      Community & HOA

      Community
      • Subdivision: Lynden
      Location
      • Region: Lynden

      Financial & listing details

      • Price per square foot: $533/sqft
      • Tax assessed value: $389,300
      • Annual tax amount: $3,152
      • Date on market: 6/1/2026
      • Cumulative days on market: 30 days
      • Listing terms: Conventional

        Estimated market value

        $450,100

        $428,000 - $473,000

        $1,968/mo

        Price history

        DateEventPrice
        6/25/2026Price change$460,000-7.8%$533/sqft
        Source: NWMLS as distributed by MLS GRID #2532849 Report a problem
        6/2/2026Listed for sale$499,000+15.4%$578/sqft
        Source: NWMLS as distributed by MLS GRID #2532849 Report a problem
        3/11/2022Sold$432,500+96.6%$501/sqft
        Source: Public Record Report a problem
        8/28/2015Sold$220,000-4.3%$255/sqft
        Source: NWMLS as distributed by MLS GRID #731011 Report a problem
        7/16/2015Pending sale$229,900$266/sqft
        Source: Muljat Group #731011 Report a problem
        7/10/2015Listed for sale$229,900$266/sqft
        Source: Muljat Group #731011 Report a problem
        6/30/2015Pending sale$229,900$266/sqft
        Source: Muljat Group #731011 Report a problem
        4/16/2015Price change$229,900-4.2%$266/sqft
        Source: Muljat Group #731011 Report a problem
        3/5/2015Listed for sale$239,900$278/sqft
        Source: Muljat Group #731011 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,951 +5.4%$389,300 0%
        2023$2,799 -1.6%$389,471 +11.8%
        2022$2,846 +7.3%$348,419 +21%
        2021$2,653 +2%$287,946 +12%
        2020$2,602 $257,101 +9%
        2019$2,602 +14.1%$235,856 +9.7%
        2018$2,280 +12.4%$215,042 +11.4%
        2017$2,027 -8.5%$193,019 -2.3%
        2016$2,216 +9.4%$197,625 +5.8%
        2015$2,026 $186,737 +3.5%
        2014$2,026 +12.8%$180,403 +1.1%
        2013$1,796 $178,467
        2012-- $178,467
        2011-- $178,467 -1.3%
        2010-- $180,740 -8.4%
        2009$1,744 +2.4%$197,410
        2008$1,703 $197,410
        2007$1,703 +49%$197,410 +118%
        2005$1,142 $90,570
        2004$1,142 +35.7%$90,570 +36.5%
        2003$842 +15.5%$66,335 +16.3%
        2002$729 -1.3%$57,060
        2001$739 $57,060
        2000-- $57,060
        1999-- $57,060

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98264

        Getting around

        65 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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