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Active · Residential Income

14430 40th Avenue W, Lynnwood, WA 98087

Lynnwood, WA 98087

$1,250,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by eXp Realty · MLS #2587485 · Active

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About this property

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).

Property details

Property type
Multi Family
Year built
1995
Lot size
17,424 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$8,267 (2026)
Parking spaces
14
School district
Mukilteo
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. 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.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

© 2026 Northwest MLS. All rights reserved. Report a listing accuracy or photo concern.

Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

A REAL CONVERSATION. A CLEAR NEXT STEP.

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Buying, selling, or weighing your options? Tell me what you’re considering. We’ll talk through where to start.

Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team