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!
| MLS # | 2568387 |
|---|---|
| Listing Type | For Sale |
| Building Name | Highland Acres Add |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 27 |
| Listing Provided By | Keller Williams Rlty Bellevue | Maggie Sun |
| SQ Feet | 5,300 |
|---|---|
| Story(s) | 2 |
| Units | 16 |
| Zoning | Multi-Family |
| Acreage | 0.30 |
| Property View | Yes |
| Property | 11274 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Shoreline |
| Zip Code | 98133 |
| Area | 715 Richmond Beach | Shoreline |
| Community Name | Richmond Highlands |
| School District | Shorewood High |
| Elementary School | Highland Terrace Ele |
| High School | Shorewood High |
| Listing VS Median (in Richmond Highlands) | |
Price: $1,825,000 low | high Med: $1,149,950 sqft: 5,300 low | high Med: 3,000 $ / sqft: $344 low | high Med: $383 On site: 27 low | high Med: 75 | |
| State | WA |
|---|---|
| County | King |
| City | Shoreline |
| Zip Code | 98133 |
| Area | 715 Richmond Beach | Shoreline |
| Community Name | Richmond Highlands |
| School District | Shorewood High |
| Elementary School | Highland Terrace Ele |
| High School | Shorewood High |
| Listing VS Median (in Richmond Highlands) | |
Price: $1,825,000 low | high Med: $1,149,950 sqft: 5,300 low | high Med: 3,000 $ / sqft: $344 low | high Med: $383 On site: 27 low | high Med: 75 | |