Listed by Kent Khnor • CENTURY 21 North Homes Realty. Bought with Skyline Properties, Inc.
Off market dec 2023 for $720K
—
Est. refi paymentEst. refi$2,548/mo
—
bd
•
— ba
•
1,712
sq ft
1830 Magnolia Rd, Lynnwood, WA 98036
About this home
Rare investment opportunity in the highly desirable Alderwood Manor neighborhood. The 1700+sqft duplex consist of 2bedroom/1bathroom units approximately 850sqft each. The 26,136 sqft lot is nestle in a secluded private drive with a two car carport and plenty of additional parking. Each units has laminate flooring, washer and dryers, walk-in closet. Long term tenants are month-to-month and paying well below market rents. Easy to raise to market rents without much work to units. The huge lot is zoned LDMR, which allows a lot flexibility in any future developments. Conveniently located close to major shopping areas and highways.
Multi-familyProperty Type
1982Year Built
0.6 acresLot Size
$421Price/Sq.Ft.
8 spacesParking
Listed by Kent Khnor• CENTURY 21 North Homes Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.6 Acres
Year renovated
—
Sq. Ft.
1,712
Year built
1982
Style
Multi-Family (2-4 Unit)
County
Snohomish County
APN
00372800803604
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
LDMR
Low-Density Multiple Residential Zone
The intent and function of the Low-Density Multiple Residential zone is to provide a variety of low-density, multifamily housing including townhouses, multifamily structures, and attached or detached homes on small lots
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 6
Open Parking Spaces: 6
Carport Spaces: 2
Has Open Parking
Interior
Virtual Tour
Heating & Cooling
Has Heating
Heating Information: Baseboard, Wall Unit(s)
Cooling Information: None
Interior Features
Interior Features: Concrete, Laminate, Wall to Wall Carpet
Flooring: Concrete, Laminate, Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $900
Net Operating Income: $23,908
Gross Adjusted Income: 31200
Gross Scheduled Income: $31,200
Total Monthly Income: 2600
Gross Rent Multiplier: 27.71
Total Expenses: 7292
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Metal/Vinyl
Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Has View
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Public Records
Site Features: Cable TV,Deck,Fenced-Partially
Zoning Jurisdiction: County
Lot Features: Dead End Street
Lot Size Units: Square Feet
Lot Size Acres: 0.6
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $6,392
Tax Year: 2022
Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: FHA
Utilities
Utility Information
Sewer: Septic Tank
Water Sewer Garbage: 0
Location
School Information
Elementary School: Hilltop ElemHt
Middle Or Junior High School: Alderwood Mid
High School: Lynnwood High
High School District: Edmonds
Location Information
Directions: From Filbert RD, head north on Magnolia Rd. Turn left on 19th Ave W (1st private rd). Private road will split into two roads. Stay on the right. Duplex is straight ahead.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,712
Stories: 1.0
Lot Size: 0.6 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: —
County: Snohomish County
APN: 00372800803604
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, May 4, 2023
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1712
Building Area Total: 1712
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1982
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Hazelwood Elementary School
Public K-6 • Assigned • 1.2mi
6/10
Alderwood Middle School
Public 7-8 • Assigned • 1.1mi
7/10
Lynnwood High School
Public 9-12 • Assigned • 1.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 85° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Lynnwood, WA • 98036
Average low and high temperatures (°F)
45
36
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37
51
40
58
43
65
48
71
53
75
56
76
58
70
54
59
46
50
41
47
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
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