$969,000
Est. $4,987/mo15328 40th Avenue W, Lynnwood, WA 98087
• Listed 2026-08-02•6 days on market
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Based on information submitted to the MLS GRID as of August 11, 2026 at 09:18am (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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New Price! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income. A flexible asset with the ability to immediately owner-occupy, or use as a long-term hold with good cashflow + additional upside potential through operational improvements.
Listed by Tom Cowan • Windermere Real Estate Co.
Listing updated: August 11, 2026 at 09:18am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2563529
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15328 40th Avenue W, 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 9 days.
$684,995 Sold
7 weeks ago
3 bd•2.5 ba•~1,559 sq ft•Single Family
16111 36th Avenue W #k4, Lynnwood, WA 98087
0%
Over list
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Days on market
0.7 mi
Distance
$574,995 Sold
7 weeks ago
2 bd•2.25 ba•~1,445 sq ft•Single Family
16111 36th Avenue W #k2, Lynnwood, WA 98087
1%
Under list
—
Days on market
0.7 mi
Distance
$749,995 Sold
7 weeks ago
4 bd•3 ba•~1,880 sq ft•Single Family
16111 36th Avenue W #k1, Lynnwood, WA 98087
0%
Over list
—
Days on market
0.7 mi
Distance
$860,000 Sold
2 months ago
4 bd•2.5 ba•~2,016 sq ft•Single Family
3623 Shelby Road, Lynnwood, WA 98087
2%
Under list
—
Days on market
0.6 mi
Distance
$685,000 Sold
2 months ago
3 bd•2.25 ba•~1,406 sq ft•Single Family
15323 31 Avenue W, Lynnwood, WA 98087
2%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.