14520 Phinney Avenue N

Shoreline, WA 98133

  • Bed

  • Bath

  • 12162 SqFt

  • 1 DOM

  • Built: 1963

  • Status: Active

$3,500,000

X

14520 Phinney Avenue N

Shoreline 98133

$3500000

  • Bed

  • Bath

  • 12162 SqFt

  • 1 DOM

  • Built: 1963

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 12162

  • Flat, See Remarks

  • 56 - 10+ Units

  • 1963

  • Coin Op Laundry, Stor

Features and Utilities

  • Cement/Concrete, Wood

  • Sewer Connected

  • 0

Financial

  • 35715

  • Cash Out, Conventional

  • 11-18-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $3,500,000

  • $3,500,000

  • Nov 18, 2025 20:26

Schools

Map

Listing courtesy of Westlake Associates, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Nov 19, 2025 04:27 | Listing last modified Nov 18, 2025 20:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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