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$3,500,000
8 Days On Site

14520 Phinney Avenue N
Shoreline, WA 98133

For Sale|Multi Family|Active
0
Beds
0
Total Baths
12,162
SqFt
$288
/SqFt
1963
Built
Cumulative Days On Market:
9
Subdivision:
Shoreline
County:
King
Courtesy of NWMLS
Listing courtesy of David W Petersen of Westlake Associates, Inc.

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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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Listing Snapshot
Price 
$3,500,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,162 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4016 Acres
Year Built 
1963
MLS® Number 
2455933
Status 
Active
Property Tax 
$35,715
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.4016
Additional Property Use 
Multi-Family
Carport 
5
Number Of Stories 
2
Parking Spaces 
18
Property Sub Type 
Multi Family
SqFt Total 
12162
Utilities 
Sewer Connected
Zoning 
Multi-Family
Interior Features
Flooring 
LaminateCarpet
Heating 
ElectricForced Air
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Exterior Features
Construction Details 
Wood SidingConcrete
Roof 
FlatSee Remarks
Community Features
Association Amenities 
Coin LaundryStorage
Financing Terms Available 
Conventional
MLS Area 
715 - Richmond Beach/Shoreline
School District 
Shoreline
Schools
School District
Shoreline
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of David W Petersen of Westlake Associates, Inc.



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-11-26 11:06 PM PST

Neighborhood & Commute
Source: Walkscore
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