Listed by Kathie Salvadalena • FIRST AND MAIN.

For sale

$1,050,000

Est. $6,729/mo —

•

6 ba

•

3,004

sq ft

3614 SHELBY Rd, Lynnwood, WA 98087

About this home

[INVESTMENT OPPORTUNITY] Exceptional duplex in a prime Lynnwood location offering outstanding income potential, owner-occupant flexibility, and long-term investment value. Manicured grounds, generous off-street parking, attached garages, and separate utilities/meters make this a truly turnkey opportunity. New Exterior paint & roof. UNIT A - COMPLETELY UPDATED - beautiful finishes with a bright and airy feel. Peek a boo view of the lake. Each spacious 3-bedroom, 2.5-bath residence features covered patios, private backyards, and comfortable, functional floor plans designed for low-maintenance living. 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. 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.

Multi-familyProperty Type

1995Year Built

0.28 acresLot Size

$350Price/Sq.Ft.

2 car garageParking

Listed by Kathie Salvadalena • FIRST AND MAIN

Listing updated: Sep 30, 2026 at 07:23am

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2586883

Payment calculator

$6,729 per month

Principal and interest$5,945

Property taxes

$652

HOA dues

Home insurance

$131

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Serene Lake Elementary School

Public K-5 • Assigned • 0.8mi

6/10

Olympic View Middle School

Public 6-8 • Assigned • 4.6mi

8/10

Kamiak High School

Public 9-12 • Assigned • 2.6mi

9/10

Provided by GreatSchools

About

Shelby

Shelby, located between Picnic Point Park and the Mukilteo Speedway corridor, is a residential and coastal Picnic Point neighborhood with bluff-top views and beach access. The neighborhood’s character concentrates around the Picnic Point Park shoreline and the pull-in along Picnic Point Road, where salt-air walks, driftwood-strewn sand, and sunset watchers set the tempo. Housing leans to mid-century ramblers and updated split-levels on leafy streets, with occasional newer infill. Daily rhythms track the waterline, with short paths down to the Sound and wide-open sky overhead. Nearby anchors such as Diamond Knot Brewery & Alehouse, the Rosehill Community Center, and the Future of Flight Aviation Center & Boeing Tour add local flavor beyond the shoreline.

Provided by Walk Score and Local Logic

Offer insights

3614 SHELBY Rd · $1,050,000

Strong offer

$1.05M and above

75% chance or better to win

Why $1.05M+ is a strong offer

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median list price in this area is $822,018. (22% lower than this home)

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Fireplace insert
Ceramic tile, laminate, vinyl and carpet flooring

Bedrooms
Two 3-bedroom units (Unit A and Unit B)

Bathrooms
Each unit has 3 bathrooms

Kitchen
Each unit includes range/oven, refrigerator and dishwasher

Laundry & utility
Each unit has washer and dryer

Flooring
Ceramic tile
Laminate
Vinyl
Carpet

Heating & cooling
Forced air heating
Heating available
No central cooling

Sale and tax history for 3614 SHELBY Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$7,980 (+6.6%)

$435,000 + $431,100

$866,100

2025

$7,489 (−1.8%)

$435,000 + $431,100

$866,100

2024

$7,627 (−1.6%)

$460,000 + $431,100

$891,100

2023

$7,754 (+1.3%)

$470,000 + $477,100

$947,100

2022

$7,651 (+4.6%)

$326,000 + $466,600

$792,600

2021

$7,311 (+10.2%)

$290,000 + $430,600

$720,600

2020

$6,632 (+12.6%)

$290,000 + $430,600

$720,600

2019

$5,891 (−4.6%)

$264,000 + $402,900

$666,900

2018

$6,173 (+11.0%)

$194,000 + $305,000

$499,000

2017

$5,560 (+7.6%)

$194,000 + $305,000

$499,000

2016

$5,167 (+6.8%)

$194,000 + $305,000

$499,000

2015

$4,840 (+9.1%)

$149,000 + $244,000

$393,000

2014

$4,434 (−4.1%)

$149,000 + $244,000

$393,000

2013

$4,625 (+2.9%)

$148,000 + $213,300

$361,300

2012

$4,494 (−0.3%)

$113,000 + $239,000

$352,000

2011

$4,506 (−18.4%)

$118,000 + $222,200

$340,200

2010

$5,522

$155,000 + $360,600

$515,600

2009

$5,522

$155,000 + $360,600

$515,600

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

—

Finished Sq. Ft.

2,944

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,944

Year built

1994

Style

Multi-Family (2-4 Unit)

County

Snohomish County

APN

00570300203002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

R-7,200

Single Family Residential Zone

The intent and function of Single Family Residential zones is to provide for predominantly single family residential development that achieves a minimum net density of 4 dwelling units per net acre.

Permitted uses

Include but are not limited to:

Agriculture
Equestrian facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Kennel
Housing-Mobile home park
Park & open space

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

7 days above 83° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Lynnwood, WA • 98087

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.4 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 3614 SHELBY Rd

$1,043,623

$6,377 under list price of $1.05M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $850K to $1.2M.

SOLD SEP 9, 2026
$980,000 Last sold price
6 beds4 baths3,004 sq ft
3618 SHELBY Rd, Lynnwood, WA 98087
$24/sq ft
SOLD SEP 15, 2026
$1,115,000 Last sold price
5 beds3 baths3,046 sq ft
3611 Shelby Rd, Lynnwood, WA 98087
$16/sq ft
smaller lot
17 years older
BOUGHT WITH REDFIN JUN 23, 2026
$947,000 Last sold price
5 beds3 baths2,678 sq ft
15811 20th Pl W, Lynnwood, WA 98087
$4/sq ft
larger lot
16 years older
SOLD AUG 19, 2026
$1,165,000 Last sold price
5 beds3 baths3,293 sq ft
111 153rd St SW, Lynnwood, WA 98087
$4/sq ft
smaller lot
24 years newer
SOLD AUG 21, 2026
$850,000 Last sold price
4 beds3 baths2,374 sq ft
1018 154th Pl SW, Lynnwood, WA 98037
$8/sq ft
larger lot
16 years older
SOLD MAY 15, 2026
$880,000 Last sold price
4 beds2.5 baths2,062 sq ft
2821 152nd St SW, Lynnwood, WA 98087
$77/sq ft
smaller lot
4 years newer

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