$1,825,000
 $9,797 est/mo Sourced by Back At You

16068 Greenwood Avenue,Shoreline, WA 98133

Shoreline, WA 98133

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Description

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!

Details

MLS #2568387
Listing TypeFor Sale
Building NameHighland Acres Add
Sub-TypeResale
StatusActive
Year1983
Days On Site27
Listing Provided ByKeller Williams Rlty Bellevue | Maggie Sun

Features

SQ Feet5,300
Story(s)2
Units16
ZoningMulti-Family
Acreage0.30
Property ViewYes

Taxes

Property11274

Area Information

StateWA
CountyKing
CityShoreline
Zip Code98133
Area715 Richmond Beach | Shoreline
Community NameRichmond Highlands
School DistrictShorewood High
Elementary SchoolHighland Terrace Ele
High SchoolShorewood High
Listing VS Median (in Richmond Highlands)
Price:
$1,825,000
low | high
Med:
$1,149,950
86.98904109589% of Average
sqft:
5,300
low | high
Med:
3,000
93.396226415094% of Average
$ / sqft:
$344
low | high
Med:
$383
38.680639269406% of Average
On site:
27
low | high
Med:
75
36% of Average
Sourced by Back At You

Market Activity 98133

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Learn More About This Property

StateWA
CountyKing
CityShoreline
Zip Code98133
Area715 Richmond Beach | Shoreline
Community NameRichmond Highlands
School DistrictShorewood High
Elementary SchoolHighland Terrace Ele
High SchoolShorewood High
Listing VS Median (in Richmond Highlands)
Price:
$1,825,000
low | high
Med:
$1,149,950
86.98904109589% of Average
sqft:
5,300
low | high
Med:
3,000
93.396226415094% of Average
$ / sqft:
$344
low | high
Med:
$383
38.680639269406% of Average
On site:
27
low | high
Med:
75
36% of Average
Sourced by Back At You
Listing Updated: August 27, 2026 at 11:50:01 AM PDT