14520 Phinney Ave N Shoreline, WA 98133
Value-add apartment opportunity near Seattle with below-market rents.
Type:Commercial
Property size:
11,825 SF- Added:
- Mar 4, 2026
- Days on Market:
- 47
- Last Refresh:
- Apr 5 at 9:01 pm
Property Features for 14520 Phinney Ave N
General Information
- Standard status
- Active
- Size
- 11,825 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agent DAVID PETERSEN
Listing office WESTLAKE ASSOCIATES, INC.
Listing date Mar 4, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of WESTLAKE ASSOCIATES, INC.
Overview
Highland Terrace Apartments For Sale
The Highland Terrace Apartments, situated just north of Seattle city limits, presents an opportunity for investors. This property offers the potential to increase value by renovating units with modern finishes and raising rents to market rates. A further value-add opportunity exists through the implementation of a RUBS program to bill tenants for utilities. The property features ample carport and open parking. Electrical panels have been updated, and a newer TPO roof is in place. There is potential to add in-unit washer and dryers. Upper units include private decks. Each unit has its own hot water tank. A new secured tenant mailbox unit has been installed, and a larger owner storage closet is available on-site. The property size is 11825 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Shoreline
- County
- King
- State
- Washington
- Longitude
- -122.354
- Latitude
- 47.7346
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add apartment opportunity near Seattle with below-market rents.
Where is this apartment building located?
The property is located at 14520 Phinney Ave N Shoreline, WA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Value‑add opportunity through unit renovations and rent increases.; Located outside Seattle city limits, avoiding stricter Landlord/Tenant laws.; Newer TPO roof and updated electrical panels.
