Active · Residential Income

16068 Greenwood Avenue N, Shoreline, WA 98133

Shoreline, WA 98133

$1,825,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Keller Williams Rlty Bellevue · MLS #2568387 · Active

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About this property

Investor’s dream just steps from Shoreline Community College! This high-performing official duplex offers an exceptional Multifamily/Boarding House/Student Housing opportunity with a strong rental history and consistently high occupancy. One side was fully renovated in 2014 and features 8 private rooms with 4 bathrooms. The other side was newly built in 2017 with city permits and offers another 8 private rooms with 5 bathrooms, all in excellent condition. Both sides feature gourmet kitchens, dedicated washers and dryers for tenants to use at no additional cost, and functional layouts designed for shared living. Vacancies have historically been rare, with 2025 gross rental income approaching $145,000—a true cash-flow property. Located in a quiet, private setting with 12 on-site tenant parking spaces. Convenient access to Hwy 99, Shoreline light rail, shopping, dining, restaurants, and everyday amenities. A rare opportunity to acquire a proven income-producing property in a highly desirable rental location—an excellent addition to any investment portfolio!

Property details

Property type: Multi Family
Year built: 1983
Lot size: 13,282 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $11,274 (2025)
Parking spaces: 12
School district: Shoreline

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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