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    1728 145Th St Shoreline, WA 98155

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    For Sale
    $1,775,000

    Apartment building near Seattle with modernized units and light rail access.

    Property size:
    6,446 SF

    Property Features for 1728 145Th St

    General Information

    Size
    6,446 SF

    Building Details

    Year built
    1970

    Source: WESTLAKE ASSOCIATES, INC. Agent DAVID PETERSEN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shoreline Apartments Near Light Rail

    The Maggie Apartments, constructed in 1970, are located in Shoreline, Washington, bordering Seattle. The property features a mix of 3-bedroom, 2-bedroom, and 1-bedroom units, averaging 760 square feet. Each unit includes sizable balconies or patios. Off-street parking is available for 13 cars. Over 50% of the units have been modernized with LVT flooring, updated kitchen countertops, and refreshed bathroom surrounds. The property is located steps from the 145th Street Light Rail Station. The property size is 6,446 square feet. This property presents an investment opportunity, leveraging Seattle’s rental yields while bypassing its landlord-tenant laws.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shoreline
    County
    King
    State
    Washington
    Longitude
    -122.3088046
    Latitude
    47.7342688

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    FAQs

    What type of property is this?
    Apartment building - Apartment building near Seattle with modernized units and light rail access.
    Where is this apartment building located?
    The property is located at 1728 145Th St Shoreline, WA.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: - Proximity to the 145th Street Light Rail Station.; - Located in Shoreline, bordering Seattle, offering access to Seattle rental yields while avoiding its landlord-tenant laws.; - Attractive mix of 3-bedroom, 2-bedroom, and 1-bedroom units averaging 760 square feet.
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    Shoreline, WA 98155
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1728 145Th St Shoreline, WA 98155
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