$1,198,000
Est. $6,636/moPrice reduced $77,000 from the original $1,275,000 asking price
3,084 sq ft
3303 156th Street SW, Lynnwood, WA 98087
• Listed Jun 15, 2026•93 days active · 93 cumulative
Listing Broker: John L. Scott, Inc.; Jon Selin; 206-650-4566; jons@johnlscott.com
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Listing Broker: John L. Scott, Inc.; Jon Selin; 206-650-4566; jons@johnlscott.com
About this home
A rare single-level duplex, plus- buildable land. Upscale - with vaulted ceilings, laminate flooring, gas heat, gas fireplaces private decks & yards, and large two-car garages for each home. One unit has a double sided gas fireplace, the other has one gas, one wood. With extra land & the highest density zoning, you could build another duplex here, or two townhomes, or split off the additional land to sell to a builder. What an opportunity for those thinking about an ADU, a compound or extra rental income. Beautifully built, set back from the street, and conveniently located near Alderwood Mall, Costco, and the Lynnwood Light Rail - this is an ideal property with an extra bonus upside potential!
Listed by Jon Selin • John L. Scott, Inc.
Listing updated: October 14, 2026 at 08:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535565
Around this home
How much should you offer?
3303 156th Street SW, Lynnwood, WA 98087
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Duplex
- 896 sq ft garage
Flooring
- Laminate
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Spruce ElementaryPublic · Grades K-6 · 1.3 mi · State rank 774 of 1,1384/10
- Alderwood Middle SchoolPublic · Grades 7-8 · 1.8 mi · State rank 236 of 5146/10
- Meadowdale High SchoolPublic · Grades 9-12 · 1.9 mi · State rank 88 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 2
- Units in building
- 2
- Units below grade
- false
- Building square feet
- 3,084 sq ft
Income & expenses
- Gross scheduled income
- $87,000
- Total monthly income
- $6,000
- Gross adjusted income
- $82,650
- Net operating income
- $71,296
- Cap rate
- 5.95%
- Gross rent multiplier
- 14.77
- Vacancy rate
- 5%
- Total expenses
- $11,354
- Insurance
- $2,578
- Water / sewer / garbage paid by
- 0
Parking & storage
- Parking spaces
- 14
- Uncovered parking
- 10
- Covered spaces
- 4
Taxes & assessment
- Annual taxes
- $8,776
- Tax year
- 2025
- Financing
- Cash, Conventional, FHA, VA Loan
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Mortgage payment forecast
$7,667 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: John L. Scott, Inc.; Jon Selin; 206-650-4566; jons@johnlscott.com
Market pulse
Lynnwood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 44 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 4:05 AM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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