$1,050,000
Est. $5,271/mo14926 40th Avenue W #3, Lynnwood, WA 98087
• Listed 2026-04-02•41 days on market
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Based on information submitted to the MLS GRID as of May 28, 2026 at 04:13pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive 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!
Listed by Michelle Lions • Lions Realty Group
Listing updated: May 28, 2026 at 04:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2500007
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14926 40th Avenue W #3, Lynnwood, WA 98087
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Lynnwood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$860,000 Sold
4 weeks ago
4 bd•1 ba•~2,016 sq ft•Single Family
3623 Shelby Road, Lynnwood, WA 98087
2%
Under list
—
Days on market
0.4 mi
Distance
$175,000 Sold
5 weeks ago
3 bd•2 ba•Single Family
4111 164th Street Sw #23, Lynnwood, WA 98087
0%
Over list
—
Days on market
0.7 mi
Distance
$732,000 Sold
2 months ago
3 bd•2 ba•~1,300 sq ft•Single Family
4105 Lincoln Way, Lynnwood, WA 98087
4%
Under list
—
Days on market
0.9 mi
Distance
$779,995 Sold
3 months ago
4 bd•1.5 ba•~1,880 sq ft•Single Family
16111 36th Avenue W #h8, Lynnwood, WA 98087
0%
Over list
—
Days on market
0.9 mi
Distance
$612,500 Sold
3 months ago
2 bd•1.5 ba•~1,445 sq ft•Single Family
16111 36th Avenue W #g2, Lynnwood, WA 98087
0%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.