1527 NE 150th Street, Shoreline, WA 98155

Shoreline
Local realty services provided by:RSVP Brokers ERA
Listed by: ben douglas, michael urquhart
Office: paragon real estate advisors
MLS#:2538293
Source:NWMLS
1527 NE 150th Street,Shoreline, WA 98155
$1,600,000
  • - Beds
  • - Baths
  • 6,437 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$248.56

About this home

Shoreline Townhomes + SFH is a 6-unit investment opportunity located at 1527–1529 NE 150th Street in Shoreline, Washington. The property includes five 3-bedroom, 1.5-bathroom townhome units and one detached 2-bedroom, 1-bathroom single-family home, totaling 6,437 rentable square feet. Seller financing is available to qualified buyers at an attractive 4.5% interest-only rate with a 5-year term and 25% down payment. The investment presents a compelling value-add opportunity through a renovation program combined with favorable financing. Current rents average $1,101 per unit, approximately 50% below market rates for comparable Shoreline properties. By implementing upgrades and leveraging Washington State RCW statutes (59.18.200, 59.18.650, 59.18.440), tenants may be relocated with proper 120-day notice for permitted renovations. Upon completion, projected rents could increase scheduled gross income by over 90% at stabilized market levels. The property benefits from a strong location...

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Home facts

  • Year built:1977
  • Listing ID #:2538293
  • Updated:June 19, 2026 at 12:43 AM

Rooms and interior

  • Flooring:Laminate
  • Living area:6,437 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Building area:6,437 sq. ft.
  • Lot area:0.37 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$248.56
  • Tax amount:$17,826 (2026)

Parking

  • Total parking spaces:12
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 19, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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