About 14520 Phinney Avenue N
Conveniently located just North of Seattle City limits, the Highland Terrace Apartments offers a new investor a great value add opportunity with the flexibility of raising below market rents without the hassles and constraints of Seattle Landlord/Tenant laws. The value add here is to renovate all units with modern finishes, raise rents to market and implement a RUBS program to start billing back tenants for utilities. Ample carport and open parking. Updated electrical panels and newer TPO Roof. Potential to add in-unit washer and dryers. Upper units feature private decks. Individual hot water tanks for each unit. New secured tenant mailbox unit. Larger owner storage closet onsite.
Features of 14520 Phinney Avenue N
| MLS® # | 2571362 |
|---|---|
| Price | $3,500,000 |
| Square Footage | 12,162 |
| Acres | 0.40 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 14520 Phinney Avenue N |
|---|---|
| Area | 715 - Richmond Beach/Shoreline |
| Subdivision | Shoreline |
| City | Shoreline |
| County | King |
| State | WA |
| Zip Code | 98133 |
Amenities
| Parking Spaces | 13 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Cement/Concrete, Wood |
|---|
School Information
| District | Shoreline |
|---|
Additional Information
| Date Listed | August 19th, 2026 |
|---|---|
| Days on Market | 180 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Westlake Associates, Inc. |
|---|