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$965,000
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Property Description
Fully rented Duplex on oversized lot just half a block from the north end of Martha Lake, the location and upside potential make this a truly unique chance to get a tremendous investment property while also having a ready-made building site. Newley recorded ingress/egress easement across the southern neighbor, opens up the ability to get to the back yard and continue to add up to 2 more units. The lot is on power, sewer, no wetlands and has a HUGE back yard where you can turn this duplex into a quad plex - all for market value. Natural Gas furnaces, garages, under market rents with long term tenants. This one has it all - ready to expand while the tenants pay towards your mortgage.
Full Property Details
Full Property Details for 15215 Larch Way
General
- Sold For: $965,000
- Taxes: $7,317 (2024)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2467752
- Added to Site: 141 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Parking
- Garage Spaces: 2
- Covered Spaces: 2
- Uncovered Spaces: 2
Location
- Area: 730 - Southwest Snohomish
- County: Snohomish
- Subdivision: Martha Lake
- Driving Directions: From 164th, head north on Larch way. Stay on larch at the T in the road to home on the right. Just north of the lake.
School Information
- High School District: Edmonds
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 2,520
- Year Built: 1983
- Property Condition: Fair
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size Source: Public Records
- Lot Features: Value In Land
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $7,317
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: None
- Property ID: 37300100604
Listed by Kyle Moore | MacPherson's Real Estate Serv. | (206) 542-6363
Sold by Martin Banev | Brierwood Realty
Get Pre-Approved Today
Schools
Schools serving 15215 Larch Way
School District:Edmonds School District
| Name | Grades | Distance |
|---|---|---|
Oak Heights Elementary School, Lynnwood, WA 15500 18th Ave W, Lynnwood, WA 98037 | K-6 | 0.9 mi |
Alderwood Middle School 1132 172nd Street Southwest, Lynnwood, WA 98037 | 7-8 | 1.4 mi |
Lynnwood High School 18218 North Road, Bothell, WA 98012 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15215 Larch Way
Date
Details
Price
Change
Source
6/01/2026
Sold
$965,000
-3.5%
MLS
5/01/2026
Price Reduced
$999,950
-4.77%
MLS
3/21/2026
Price Reduced
$1,050,000
-4.55%
MLS
1/13/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15215 Larch Way, Lynnwood, WA 98087 (MLS# 2467752) is a Multi-Family property that was sold at $965,000 on June 01, 2026. Want to learn more about 15215 Larch Way? Do you have questions about finding other Multi-Family real estate for sale in Lynnwood? You can browse all Lynnwood real estate or contact a Coldwell Banker agent to request more information.

