4528 148th Street SW, Lynnwood, WA 98087

$910,000
2,986
SqFt

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Listing courtesy of Specialty Real Estate Group. Selling Office: Skyline Properties, Inc..

Sold Price
$910,000
List Price
$925,000
Status
SOLD
MLS#
2490536
Closing Date
May 01, 2026
Days on Market
24
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,986
Area Total SqFt
2986
Annual Tax Ammount
6695
Lot Size (sq ft)
18,731
Sewer
Sewer Connected

Property Description

Fantastic duplex opportunity in Lynnwood featuring two townhouse-style units! Great investment with immediate cash flow—both units currently rented—or explore your own house-hacking potential. Each unit offers 2 bedrooms with private en-suite bathrooms, plus a convenient half bath on the main level. Spacious main floor layout includes living room, family room, dining room, and kitchen. Each side has a one-car garage and plenty of off-street parking. Expansive, fully fenced backyard provides great outdoor space. New roof in 2024. Don’t miss this one!

Additional Information

List Date
2026-04-07 00:00:00
Community
North Lynnwood
Net Operating Income
$49,505
Gross Adjusted Income
$58,200
Gross Scheduled Income
$60,000
Total Monthly Income
$5,000
Insurance Expenses
$2,000
Gross Rent Multiplier
15.42
Total Expenses
$8,695
Cap Rate
5.35
Vacancy Rate
3
Total Number of Units
2
Unit Name
4528
Potential Terms
Cash, Conventional
Year Built
1989
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric, Natural Gas
School District
Edmonds
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Vacancy Rate
3
Gross Adjusted Income
$58,200
Tax Year
2025
Insurance Expense
$2,000
Total Expenses
$8,695
Net Operating Income
$49,505
Gross Rent Multiplier
15.42
Cap Rate
5.35
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.
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