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Listing courtesy of NWMLS / Best Choice Realty LLC

15320 40th Avenue W

Lynnwood, WA 98087

– beds
– baths
3,812 sqft
13,504 sqft lot
$341 per sqft
1980 build

Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans with each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building. Close to shopping, restaurants, etc. Long term tenants. Easy to rent. Low rents with opportunity to increase.

Listing courtesy of NWMLS / Best Choice Realty LLC

Last checked: Checking… • Last updated Mar 8, 2025 •

MLS# 2295523 —

The Building

Year Built:

1980
Year Built:

1980
Year Built Source:

Public Records
New Construction:

false
Building Name:

Alderwood Manor 04
Structure Type:

Quadruplex
Exterior Features:

Wood, Wood Products
Roof:

Composition
Units In Building Total:

4
Foundation Details:

Poured Concrete
# of Units Total:

4
Stories Total:

2
Building Area Total:

3812
Building Area Units:

Square Feet
Calculated SqFt:

3812
SqFt Source:

Realist

Interior

Interior Features:

Wall to Wall Carpet
Flooring:

Vinyl Plank, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.859543
Longitude:

-122.28836
Directions:

North on 99 to the House of Clocks. Just N of intersection turn Left on 40th W.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Parcel Number:

00372901102103
Lot Number:

21,3
Lot Features:

Dead End Street, Paved
Lot Size Units:

Square Feet
Lot Size Acres:

0.31
Lot Size SqFt:

13504
Lot Size Source:

Realist
Zoning Description:

Multi-Family
Zoning Jurisdiction:

County
View:

Territorial
View:

true
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

8857

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard

Utilities

Water Company:

Alderwood
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Alderwood
Power Company:

Snohomish Pud
Water Sewer Garbage:

5520

Schools

Elementary School:

Beverly Elem
Middle Or Junior School:

Meadowdale Mid
High School:

Meadowdale High
High School District:

Edmonds

The Community

Subdivision Name:

Alderwood
Amenities:

Coin Op Laundry
Senior Community:

false
Association:

false

Parking

Parking Total:

8
Parking Uncovered Spaces:

8
Open Parking:

true
Open Parking Spaces:

8
Carport:

false

Listing courtesy of NWMLS / Best Choice Realty LLC

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sun Mar 09 2025 06:16 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/7/25 Mar 7, 2025	Relisted	NWMLS	$1,299,900
2/27/25 Feb 27, 2025	Pending	NWMLS	$1,299,900
11/15/24 Nov 15, 2024	Price Changed	NWMLS	$1,299,900	-3.7%

Multifamily For Sale

$1,299,900

Price drop −$50,090

Listing provided by broker:

John Kim

Best Choice Realty LLC

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This multifamily located in Picnic Point-North Lynnwood, North Lynnwood, WA 98087 is currently for sale for $1,299,900. 15320 40th Avenue W is a 3,812 square foot multifamily with – beds and – baths. 15320 40th Avenue W is in the Picnic Point-North Lynnwood neighborhood of North Lynnwood and has a WalkScore® of 62, making it somewhat walkable. This multifamily is in the attendance area of Meadowdale Middle School, Meadowdale High School, and Beverly Elementary School.

Listing courtesy of NWMLS / Best Choice Realty LLC

Disclaimer: The information contained in this listing has not been verified by Best Choice Realty LLC and should be verified by the buyer.