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15328 40th Avenue W, 
Lynnwood, WA 98087

$1,065,000

—

Bed

—

Bath

3,248

Sq Ft

Multi-Family

Active

Listed by

Tom Cowan

Windermere Real Estate Co.

Last updated:

March 2, 2026, 01:22 AM

MLS#

2476109

Source:

NWMLS

About This Home

15328 40th Avenue W

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.

Home Facts

Multi-Family

Built in 1966

Price Summary

1,065,000

$327 per Sq. Ft.

MLS #:

2476109

Last Updated:

March 2, 2026, 01:22 AM

Rooms & Interior

Interior

Living Area:

3,248 Sq. Ft.

Structure

Structure

Building Area:

3,248 Sq. Ft.

Year Built:

1966

Lot

Lot Size (Sq. Ft):

9,583

Finances & Disclosures

Finances

Price:

$1,065,000

Price per Sq. Ft:

$327 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of March 2, 2026. 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 is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.