Property Details
18332 Hurst Road
Lynnwood, WA 98037
$1,150,000
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Property Overview
Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Lynnwood
Listed
May 20, 2026
Structure Type
Quadruplex
Parcel Number
00503600000200
Tax & HOA
Annual Property Tax
$6,870 (2025)
Est. Monthly Tax
$573/mo
Financial Summary
Cap Rate
4.80%
Net Operating Income
$66,946
Gross Scheduled Income
$79,800
Gross Rent Multiplier
5.70
Total Expenses
$13,063
Building & Use
Building Sq Ft
3,160
Leasable Area
3,160 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
8,276 sqft
Year Built
1979
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1979
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street
Exterior Features
Wood
Community & Access
Directions
.
Location
City
Lynnwood
County
Snohomish
Coordinates
47.83209, -122.30983
Additional Information
Tax Year
2025
Annual Taxes
$6,870
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:14 AM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
