*REDUCED PRICE* Great Investment Opportunity in Lynnwood! Rare opportunity to own a fully occupied tri-plex in Lynnwood. Strong portfolio starter or addition. Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint and driveway gravel. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$7,133
$866,700
$435,000
$431,700
2024
$7,133
$826,700
$395,000
$431,700
2023
$7,587
$923,800
$417,000
$506,800
2022
$7,426
$737,400
$271,000
$466,400
2020
$6,484
$566,500
$220,000
$346,500
2019
$6,365
$553,400
$220,000
$333,400
2018
$5,763
$438,700
$183,000
$255,700
2017
$5,300
$416,400
$155,000
$261,400
2016
$5,079
$399,700
$149,000
$250,700
2015
$4,612
$342,300
$115,000
$227,300
2013
$4,296
$301,700
$107,000
$194,700
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
04/18/202504/18/25
Price Changed
$1,150,000
-2.1%
$324 / Sq Ft
01/01/202501/01/25
Price Changed
$1,175,000
-4.1%
$331 / Sq Ft
12/15/202412/15/24
For Sale
$1,225,000
0.0%
$345 / Sq Ft
12/12/202412/12/24
Off Market
$1,225,000
--
--
09/29/202409/29/24
For Sale
$1,225,000
0.0%
$345 / Sq Ft
09/26/202409/26/24
Pending
--
--
--
08/09/202408/09/24
For Sale
$1,225,000
--
$345 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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