Property Details
14520 Phinney Avenue N, Shoreline, WA 98133
Shoreline, WA 98133
$3,500,000
Pending
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About This Home
Conveniently located just North of Seattle City limits, the Highland Terrace Apartments offers a new investor a great value add opportunity with the flexibility of raising below market rents without the hassles and constraints of Seattle Landlord/Tenant laws. The value add here is to renovate all units with modern finishes, raise rents to market and implement a RUBS program to start billing back tenants for utilities. Ample carport and open parking. Updated electrical panels and newer TPO Roof. Potential to add in-unit washer and dryers. Upper units feature private decks. Individual hot water tanks for each unit. New secured tenant mailbox unit. Larger owner storage closet onsite.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
King
Neighborhood
Shoreline
Listed
Mar 3, 2026
Interior Features
Bathrooms
0.0
Stories
2
Exterior & Lot
Lot Size
0.40 sqft
Year Built
1963
Exterior Materials
Cement, Wood
Sewer
Sewer Connected
Exterior Features
Cement/Concrete, Wood
Location
City
Shoreline
County
King
Coordinates
47.73456, -122.35386
Schools
School District
Shoreline
Additional Information
Tax Year
2026
Annual Taxes
$37,360
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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