Property Details
3618 SHELBY ROAD
Lynnwood, WA 98087
$995,000
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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
