14520 Phinney Avenue N, Shoreline, WA 98133
Local realty services provided by:Imagine Realty ERA Powered
Listed by: david w petersen, chad michael martini
Office: westlake associates, inc.
MLS#:2571362
Source:NWMLS
14520 Phinney Avenue N,Shoreline, WA 98133
$3,500,000
- - Beds
- - Baths
- 12,162 sq. ft.
- Multi-family
- Active
Price summary
- Price:$3,500,000
- Price per sq. ft.:$287.78
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.
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Home facts
- Year built:1963
- Subdivision & Development:Shoreline
- Listing ID #:2571362
- Updated:September 21, 2026 at 12:34 AM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:12,162 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Flat Roof
- Year built:1963
- Building area:12,162 sq. ft.
- Lot area:0.4 Acres
- Construction Materials:Cement/Concrete Exterior Finish, Wood Exterior Finish
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$287.78
- Tax amount:$37,361 (2026)
Parking
- Total parking spaces:13
- Carport spaces:5
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