Property Details

3618 SHELBY ROAD
Lynnwood, WA 98087
$995,000
MLS# 2566134 courtesy of NWMLS Listing firm: FIRST AND MAIN

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3618 SHELBY ROAD , Lynnwood, WA 98087, Lynnwood

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3618 SHELBY ROAD , Lynnwood, WA 98087, Lynnwood

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Multi-Family
Property Type
3,004
Bldg Sq Ft
2
Units
1995
Year Built

Property Overview

[INVESTMENT OPPORTUNITY] Exceptional duplex in a PRIME LYNNWOOD LOCATION offering outstanding income potential, owner-occupant flexibility, and long-term investment value. FRESH EXTERIOR PAINT, NEW ROOF, manicured grounds, generous off-street parking, attached garages, and separate utility meters make this a truly turnkey opportunity. Each spacious 3-BEDROOM, 2.5-BATH residence offers comfortable, functional living with well-designed floor plans, private backyards, covered patios, and an easy, low-maintenance lifestyle. Ideally situated with quick access to I-5, I-405, public transit, the Lynnwood Light Rail Station, Lynnwood City Center, Alderwood Mall, shopping, dining, parks, and major employers, providing exceptional commuter convenience and strong long-term tenant appeal. Minutes to Lake Serene with public boat launch and perfect for paddleboarding. Whether you're expanding your investment portfolio, seeking a multi-generational living solution, or planning to live in one unit while generating rental income from the other, this property offers exceptional versatility in one of Snohomish County's most desirable and rapidly growing communities. A rare opportunity with excellent upside and lasting value. [THE CONVENIENCE OF TODAY. THE VALUE OF TOMORROW]

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Snohomish
Neighborhood Lynnwood
Listed Aug 6, 2026
Structure Type Duplex
Parcel Number 00570300203001

Tax & HOA

Annual Property Tax $7,823 (2026)
Est. Monthly Tax $652/mo

Financial Summary

Gross Scheduled Income $48,000
Total Expenses $12,877
Vacancy Rate 3.0%

Building & Use

Building Sq Ft 3,004
Leasable Area 3,004 sqft
Total Units 2
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 12,197 sqft
Year Built 1995

Exterior & Lot

Lot Size 0.28 sqft
Year Built 1995
Garage 2 spaces
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Corner Lot, Dead End Street, Paved, Sidewalk
Exterior Features Wood, Wood Products

Community & Access

Directions FROM HWY 99 TO SHELBY ROAD |YOU MAY ALSO USE GPS

Location

City Lynnwood
County Snohomish
Coordinates 47.86637, -122.28256

Additional Information

Tax Year 2026
Annual Taxes $7,823
Possession Array
Listed By
Kathie Salvadalena
FIRST AND MAIN

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