15330 40th Ave W, Unit A & B

$775,000
Price
5
Beds
2
Baths
1,368 Sq. Ft.
$567 / Sq. Ft.
1,368
Sq. Ft.
$567
per Sq. Ft.

Description

Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed...Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed for comfort and functionality. Whether you're house-hacking or building your rental portfolio, this is a smart, versatile investment you won't want to miss! This home appraised at 925K in 2023 prior to updates so its priced to sell!
  1. Listed by Tyler Ware • Ballpark Realty

Property Details for 15330 40th Avenue West, Unit A & B

Community Name
Lynnwood
School District
Edmonds
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
06-05-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/09/2025 10:13 AM

Property Details for 15330 40th Avenue West, Unit A & B

StatusActive
MLS #2390152
Days on Market193
Cumulative Days on Market492
Taxes$4,255 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.17 AC / 7,405 SF
CountySnohomish County

Location

Listing Courtesy of Ballpark Realty
Add your commute

Building Information for 15330 40th Avenue West, Unit A & B

Stories2Residences2Year Built1955Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,184 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,830

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15330 40th Avenue West, Unit A & B

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, Outbuildings, Patio, RV Parking
  • Area: 730 - Southwest Snohomish
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Use google maps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank, Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3000
  • Power Company: Snohomish County PUD
  • Sewer Company: Alderwood Water District
  • Water Company: Alderwood Water District
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: Short Sale
  • Year Built Effective: 1955
  • Photos Count: 36
Lot Information
  • Lot Details: Open Space, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00372901102101
  • Building Condition: Good
  • Calculated Square Footage: 1368
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1368.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Unit Number: A & B
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $3,600
  • Total Expenses: 13255
  • Gross Adjusted Income: 55145
  • Gross Rent Multiplier: 11.33
  • Gross Scheduled Income: $68,400
  • Insurance Expense: $2,400
  • Net Operating Income: $55,145
  • Other Expenses: $0
  • Total Monthly Income: 4750
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 908
  • Rent Unit 1: $1,750.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $3,000.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2008.0

Property History for 15330 40th Avenue West, Unit A & B

DateEvent & SourcePriceAppreciation
Nov 29, 2025

Price Change

NWMLS #2390152

$775,000—
Nov 29, 2025

Price Change

NWMLS #2387088

$775,000—
Aug 18, 2025

Price Change

NWMLS #2390152

$825,000—
Aug 18, 2025

Price Change

NWMLS #2387088

$825,000—
Jul 22, 2025

Price Change

NWMLS #2390152

$849,999—
Jul 22, 2025

Price Change

NWMLS #2387088

$849,999—
Jul 17, 2025

Price Change

NWMLS #2390152

$869,999—
Jul 17, 2025

Price Change

NWMLS #2387088

$869,999—
Jul 9, 2025

Price Change

NWMLS #2390152

$874,999—
Jul 9, 2025

Price Change

NWMLS #2387088

$874,999—
Jun 29, 2025

Price Change

NWMLS #2390152

$875,000—
Jun 29, 2025

Price Change

NWMLS #2387088

$875,000—
Jun 20, 2025

Price Change

NWMLS #2390152

$900,000—
Jun 20, 2025

Price Change

NWMLS #2387088

$900,000—
Jun 5, 2025

Listed (Active)

NWMLS #2387088

$925,000—
Jun 5, 2025

Listed (Active)

NWMLS #2390152

$925,000—
Aug 28, 2023

Sold

NWMLS #2155988

$925,000—
Aug 28, 2023

Listed (Active)

NWMLS #2155988

$925,000—
DateEvent & SourcePrice
11/29/2025

Price Change

NWMLS #2390152

$775,000
11/29/2025

Price Change

NWMLS #2387088

$775,000
08/18/2025

Price Change

NWMLS #2390152

$825,000
08/18/2025

Price Change

NWMLS #2387088

$825,000
07/22/2025

Price Change

NWMLS #2390152

$849,999
07/22/2025

Price Change

NWMLS #2387088

$849,999
07/17/2025

Price Change

NWMLS #2390152

$869,999
07/17/2025

Price Change

NWMLS #2387088

$869,999
07/09/2025

Price Change

NWMLS #2390152

$874,999
07/09/2025

Price Change

NWMLS #2387088

$874,999
06/29/2025

Price Change

NWMLS #2390152

$875,000
06/29/2025

Price Change

NWMLS #2387088

$875,000
06/20/2025

Price Change

NWMLS #2390152

$900,000
06/20/2025

Price Change

NWMLS #2387088

$900,000
06/05/2025

Listed (Active)

NWMLS #2387088

$925,000
06/05/2025

Listed (Active)

NWMLS #2390152

$925,000
08/28/2023

Sold

NWMLS #2155988

$925,000
08/28/2023

Listed (Active)

NWMLS #2155988

$925,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 15330 40th Avenue West, Unit A & B

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Beverly Elementary School
PublicK to 6

Meadowdale Middle School
Public7 to 8

Meadowdale High School
Public9 to 12

Edmonds Career Access Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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15330 40th Avenue West, Unit A & B is a multi-family home for sale in Lynnwood, WA 98087. This property was listed for sale on June 5, 2025 by Ballpark Realty, it's currently listed at $775,000. It has been on the market for a total of 193 days and was last sold on August 28, 2023. This listing's school district is Edmonds School District. Nearby schools include Beverly Elementary School, Meadowdale Middle School and Meadowdale High School. 15330 40th Avenue West, Unit A & B is a 5-bed, 2-bath, 1,368 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ballpark Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 03:34 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.