$1,250,000
Est. $6,924/mo2,800 sq ft
14430 40th Avenue W, Lynnwood, WA 98087
• Listed Sep 25, 2026•22 days active · 22 cumulative
Listing Broker: eXp Realty; Haley Matz; 425-870-7762; haley.matz@yahoo.com
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Listing Broker: eXp Realty; Haley Matz; 425-870-7762; haley.matz@yahoo.com
About this home
Prime investment opportunity featuring a turn-key, fully updated duplex plus buildable land! Ideal for owner-occupants or savvy investors, this property offers incredible versatility. The easily accessible additional land allows you to build ADUs for extra income, construct a workshop, or subdivide and sell to a developer. The exterior boasts a new roof, gutters, fresh paint, stone accents, and refreshed landscaping (completed July 2026). Both bright, light-filled units feature vaulted ceilings, 3 bedrooms, 2.5 bathrooms, gas fireplaces, quartz countertops, new appliances, fully fenced private yards with spacious decks, and large two-car garages with ample extra parking. Unit A has been further enhanced with fresh interior paint, new flooring, updated trim, modern vanities, and new lighting. Conveniently located with fast access to I-5, I-405, public transit, the Lynnwood Light Rail Station, shopping, dining, parks, and lakes. (Buyer to verify all development opportunities).
Listed by Haley Matz • eXp Realty
Listing updated: October 1, 2026 at 07:50pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2587485
Around this home
How much should you offer?
14430 40th Avenue W, 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
- 848 sq ft garage
Flooring
- Ceramic Tile
- Vinyl
- Vinyl Plank
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Serene Lake ElementaryPublic · Grades K-5 · 0.5 mi · State rank 485 of 1,1386/10
- Meadowdale Middle SchoolPublic · Grades 7-8 · 2.2 mi · State rank 129 of 5148/10
- 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
- 2,800 sq ft
Income & expenses
- Gross scheduled income
- $85,200
- Total monthly income
- $7,100
- Net operating income
- $75,733
- Cap rate
- 6.05%
- Gross rent multiplier
- 14.67
- Vacancy rate
- 100%
- Total expenses
- $9,467
- Insurance
- $1,200
- Water / sewer / garbage paid by
- 0
Parking & storage
- Parking spaces
- 14
- Uncovered parking
- 10
- Covered spaces
- 4
- Parking type
- RV Parking
Taxes & assessment
- Annual taxes
- $8,267
- Tax year
- 2026
- 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.
Sales & Tax Records for 14430 40th Avenue W
NWMLS via MLS Grid · Snohomish County AssessorEvery 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.
- Sep 25, 2026ListedNWMLS via MLS Grid · #2587485$1,250,000$446/sq ft
- Dec 1, 2006SoldNWMLS via MLS Grid · #26175714$475,000$170/sq ft
- Nov 1, 2006PendingNWMLS via MLS Grid · #26175714$500,000$179/sq ft
- Oct 19, 2006ListedNWMLS via MLS Grid · #26175714$500,000$179/sq ft
Mortgage payment forecast
$7,926 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: eXp Realty; Haley Matz; 425-870-7762; haley.matz@yahoo.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.
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
0.6 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
0.6 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
0.8 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
0.2 mi
Distance
$950,000 Sold
2 weeks ago
4 bd•2.5 ba•~2,098 sq ft•Single Family
4418 144th Place SW, Lynnwood, WA 98087
5%
Under list
40
Days on market
0.2 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 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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