3618 SHELBY ROAD, Lynnwood, WA 98087
- $995,000
- 3,004
- SqFt
Listing courtesy of FIRST AND MAIN.
- List Price
- $995,000
- Status
- ACTIVE
- MLS#
- 2566134
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 3,004
- Area Total SqFt
- 3004
- Annual Tax Ammount
- 7823
- Internet Provider
- XFINITY
- Lot Size (sq ft)
- 12,197
- Sewer
- Sewer Connected
Property Description
[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]
Additional Information
- List Date
- 2026-08-06 18:13:15
- Community
- Lynnwood
- Gross Scheduled Income
- $48,000
- Total Monthly Income
- $4,000
- Insurance Expenses
- $1,553
- Water/Sewer/Garbage Expenses
- $3,500
- Total Expenses
- $12,876
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 3618
- Potential Terms
- Cash, Conventional
- Year Built
- 1995
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, High Speed Internet, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Mukilteo
- Elementary School
- Fairmount Elem
- Middle School
- Harbour Pointe Mid
- High School
- Mariner High
- Total Monthly Income
- $4,000
- Gross Scheduled Income
- $48,000
- Vacancy Rate
- 3
- Tax Year
- 2026
- Insurance Expense
- $1,553
- W/S/G Expenses
- $3,500
- Total Expenses
- $12,876
Based on information submitted to the MLS GRID as of . 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.