Property Details

14520 Phinney Avenue N, Shoreline, WA 98133
Shoreline, WA 98133
$3,500,000
MLS# 2487093 courtesy of NWMLS Listing firm: Westlake Associates, Inc.

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14520 Phinney Avenue N, Shoreline, WA 98133, Shoreline

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14520 Phinney Avenue N, Shoreline, WA 98133, Shoreline

1 / 19
0.0
Baths
0.40
Acres
1963
Year Built

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

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Listed By
David W Petersen
Westlake Associates, Inc.

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