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Listed by Kathie Salvadalena • FIRST AND MAIN.
FOR SALE

$1,050,000

Est. $5,816/mo

3,004 sq ft

3614 SHELBY ROAD, Lynnwood, WA 98087

• Listed Sep 23, 2026•24 days active · 24 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: FIRST AND MAIN; Kathie Salvadalena; 425-350-0020; kathie@kathiesalvadalena.com

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Listing Broker: FIRST AND MAIN; Kathie Salvadalena; 425-350-0020; kathie@kathiesalvadalena.com

About this home

[INVESTMENT OPPORTUNITY] Exceptional duplex in a prime Lynnwood location offering outstanding income potential, owner-occupant flexibility, and long-term investment value. Manicured grounds, generous off-street parking, attached garages, and separate utilities/meters make this a truly turnkey opportunity. New Exterior paint & roof. UNIT A - COMPLETELY UPDATED - beautiful finishes with a bright and airy feel. Peek a boo view of the lake. Each spacious 3-bedroom, 2.5-bath residence features covered patios, private backyards, and comfortable, functional floor plans designed for low-maintenance living. Ideally situated with quick access to I-5, I-405, public transit, the Lynnwood Light Rail Station, Lynnwood City Center, Alderwood Mall, shopping, dining, parks, and major employers, providing exceptional commuter convenience and strong long-term tenant appeal. Whether you're expanding your investment portfolio, seeking a multi-generational living solution, or planning to live in one unit while generating rental income from the other, this property offers exceptional versatility in one of Snohomish County's most desirable and rapidly growing communities. A rare opportunity with excellent upside and lasting value.

Property type
Single Family
Year built
1995
Interior
3,004 sq ft
Lot size
0.28 acres
Parking
2-car garage
Price / sq ft
$350
HeatingFireplace Insert, Forced Air
CoolingNone
Property taxes$7,823/yr (est.)
School districtMukilteo

Listed by Kathie Salvadalena • FIRST AND MAIN

Listing updated: September 30, 2026 at 07:24am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2586883

Around this home

RexMont OfferEdge™

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3614 SHELBY ROAD, Lynnwood, WA 98087

List price
$1,050,000
Down payment
$210,000

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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
  • 1,104 sq ft garage

Flooring

  • Ceramic Tile
  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • Fireplace Insert heating
  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Mukilteo School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools 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
3,004 sq ft

Income & expenses

Gross scheduled income
$44,724
Total monthly income
$4,800
Total expenses
$12,877
Insurance
$1,554
Water / sewer / garbage paid by
3500

Parking & storage

Parking spaces
3
Uncovered parking
2
Covered spaces
1

Taxes & assessment

Annual taxes
$7,823
Tax year
2026
Financing
Cash, Conventional

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

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Sales & Tax Records for 3614 SHELBY ROAD

NWMLS via MLS Grid · Snohomish County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 23, 2026
    Listed
    NWMLS via MLS Grid · #2586883
    $1,050,000
    $350/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$6,731 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: 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%.

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Listing Broker: FIRST AND MAIN; Kathie Salvadalena; 425-350-0020; kathie@kathiesalvadalena.com

Market pulse

Lynnwood is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market

  • 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.

Recent sales nearby

Within 1 mile · last 6 months

  • $559,995 Sold

    0 days ago

    3 bd•2.25 ba•~1,456 sq ft•Single Family

    15215 35th Ave W #C2, Lynnwood, WA 98087

    2%

    Under list

    49

    Days on market

    0.4 mi

    Distance

  • $565,000 Sold

    1 day ago

    3 bd•2.25 ba•~1,456 sq ft•Single Family

    15215 35th Ave W #D2, Lynnwood, WA 98087

    2%

    Under list

    32

    Days on market

    0.4 mi

    Distance

  • $712,000 Sold

    3 days ago

    3 bd•2.5 ba•~1,938 sq ft•Single Family

    2709 157th Place SW, Lynnwood, WA 98087

    5%

    Under list

    61

    Days on market

    0.9 mi

    Distance

  • $585,000 Sold

    1 week ago

    3 bd•2 ba•~1,917 sq ft•Single Family

    14715 Admiralty Way #A-5, Lynnwood, WA 98087

    2%

    Under list

    84

    Days on market

    0.5 mi

    Distance

  • $849,950 Sold

    2 weeks ago

    4 bd•2.5 ba•~2,251 sq ft•Single Family

    14815 40th Avenue W, Lynnwood, WA 98087

    0%

    Over list

    30

    Days on market

    0.3 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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Market 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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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