About 16068 Greenwood Avenue N
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!
Features of 16068 Greenwood Avenue N
| MLS® # | 2568387 |
|---|---|
| Price | $1,825,000 |
| Square Footage | 5,300 |
| Acres | 0.30 |
| Year Built | 1983 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 16068 Greenwood Avenue N |
|---|---|
| Area | 715 - Richmond Beach/Shoreline |
| Subdivision | Richmond Highlands |
| City | Shoreline |
| County | King |
| State | WA |
| Zip Code | 98133 |
Amenities
| Parking Spaces | 12 |
|---|---|
| View | Territorial |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Dead End Street, Paved |
| Foundation | Poured Concrete |
School Information
| District | Shoreline |
|---|---|
| Elementary | Highland Terrace Ele |
| Middle | Albert Einstein Mid |
| High | Shorewood High |
Additional Information
| Date Listed | August 13th, 2026 |
|---|---|
| Days on Market | 14 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Rlty Bellevue |
|---|