


14926 40th Avenue W #2Lynnwood, WA 98087
Multi-Family · 6 Beds · 3,256 Sq. ft. | 0.14 Acres14926 40th Avenue W #2 Overview
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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!
14926 40th Avenue W #2 Facts & Features
- Type Multi-Family
- Sq. ft. 3,256
- Price/Sq.ft. $330
- Lot 0.14 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Edmonds
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 70200
- Insurance Expense: 2203
- Net Operating Income: 62197
- Total Expenses: 8003
- Total Monthly Income: 5850
- Water/Sewer/Garbage: 0
Building Information
- New Construction: No
- Year Built: 1999
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 730 - Southwest Snohomish
- Subdivision Name: Lynnwood
Community/Development
- Amenities: Thermal Windows
Tax Information
- Tax Annual Amount: $5,800.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 00876400000200
- Property Condition: Updated/Remodeled
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 4
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3256
- Building Area Units: Square Feet
- Calculated Square Footage: 3256
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3256
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Partially Fenced
- Stories Total: 2
Unit Information
- Unit Number: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 8
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved
- Lot Size Acres: 0.1358
- Lot Size Square Feet: 5917
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Duplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 4
- Exterior Features: Metal/Vinyl
- Number Of Units Total: 2
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 2850
- Beds Total: 3
- Baths Total: 3
Unit 1 Details
- Actual Rent: 3000
- Beds Total: 3
- Baths Total: 3
14926 40th Avenue W #2 Neighborhood
Community
98087 (Lynnwood) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.14926 40th Avenue W #2 Monthly Cost
14926 40th Avenue W #2 Market Data
Based on the last 30 days in this zip code
14926 40th Avenue W #2 History
| Date | Value | Agent |
|---|---|---|
| 5/28/2026Source: NWMLS | $1,075,000 -2.2% |
|
| 4/27/2026Source: NWMLS | $1,099,000 -4.4% |
|
| 4/2/2026Source: NWMLS | April 02, 2026 |










































