$3,500,000
Est. $17,569/mo14520 Phinney Avenue N, Shoreline, WA 98133
• Listed 2026-03-03•6 days on market
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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.
Listed by David W Petersen • Westlake Associates, Inc.
Listing updated: July 2, 2026 at 12:21pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2487093
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14520 Phinney Avenue N, Shoreline, WA 98133
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Shoreline is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$3,134 Sold
2 months ago
•0.5 ba•Single Family
1207 N 152nd Street #c, Shoreline, WA 98133
0%
Over list
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Days on market
0.6 mi
Distance
$700,000 Sold
3 months ago
2 bd•2.5 ba•~1,474 sq ft•Single Family
2126 N 147th Street #d, Shoreline, WA 98133
4%
Under list
—
Days on market
1.0 mi
Distance
$675,000 Sold
3 months ago
2 bd•1.5 ba•~1,230 sq ft•Single Family
14306 Roslyn Place N, Seattle, WA 98133
3%
Under list
—
Days on market
0.6 mi
Distance
$2,038 Sold
3 months ago
•0.5 ba•Single Family
1207 N 152nd Street #b, Shoreline, WA 98133
8%
Under list
—
Days on market
0.6 mi
Distance
$2,038 Sold
3 months ago
•Single Family
1207 N 152nd Street #b, Shoreline, WA 98133
8%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
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