$1,825,000
Est. $10,109/mo5,300 sq ft
16068 Greenwood Avenue N, Shoreline, WA 98133
• Listed Aug 13, 2026•39 days active · 39 cumulative
Listing Broker: Keller Williams Rlty Bellevue; Maggie Sun; 425-615-8293; maggie@maggiesunre.com
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Listing Broker: Keller Williams Rlty Bellevue; Maggie Sun; 425-615-8293; maggie@maggiesunre.com
About this home
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!
Listed by Maggie Sun • Keller Williams Rlty Bellevue
Listing updated: September 22, 2026 at 06:40pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2568387
Around this home
How much should you offer?
16068 Greenwood Avenue N, Shoreline, WA 98133
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Duplex
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerShoreline School District
- Highland Terrace ElementaryPublic · Grades K-5 · State rank 122 of 1,1388/10
- Albert Einstein Middle SchoolPublic · Grades 6-8 · State rank 92 of 5148/10
- Shorewood High SchoolPublic · Grades 9-12 · State rank 25 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 16
- Units in building
- 16
- Units below grade
- false
- Building square feet
- 5,300 sq ft
Income & expenses
- Gross scheduled income
- $144,422
- Total monthly income
- $144,422
- Gross adjusted income
- $143,700
- Net operating income
- $99,242
- Cap rate
- 5%
- Gross rent multiplier
- 12.64
- Vacancy rate
- 1%
- Total expenses
- $44,458
- Insurance
- $7,023
- Electric
- $6,342
- Fuel
- $2,655
- Other expenses
- $11,715
- Water / sewer / garbage paid by
- 5449
Parking & storage
- Parking spaces
- 12
- Uncovered parking
- 12
Taxes & assessment
- Annual taxes
- $11,274
- Tax year
- 2025
- Financing
- Cash
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 16068 Greenwood Avenue N
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Aug 13, 2026ListedNWMLS via MLS Grid · #2568387$1,825,000$344/sq ft
- Nov 22, 2013SoldNWMLS via MLS Grid · #389971$343,000$65/sq ft
- May 2, 2013PendingNWMLS via MLS Grid · #389971$349,000$66/sq ft
- May 2, 2013Price reducedNWMLS via MLS Grid · #389971$349,000$66/sq ft
- Aug 3, 2012ListedNWMLS via MLS Grid · #389971$379,000$72/sq ft
Mortgage payment forecast
$11,505 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Keller Williams Rlty Bellevue; Maggie Sun; 425-615-8293; maggie@maggiesunre.com
Market pulse
Shoreline is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 58 days.
Recent sales nearby
Within 1 mile · last 6 months$875,000 Sold
1 day ago
4 bd•1.75 ba•~1,650 sq ft•Single Family
15520 Burke Avenue N, Shoreline, WA 98133
2%
Under list
23
Days on market
1.0 mi
Distance
$679,000 Sold
1 week ago
2 bd•1 ba•~980 sq ft•Single Family
14834 Interlake Avenue N, Shoreline, WA 98133
0%
Over list
16
Days on market
1.0 mi
Distance
$1,125,000 Sold
3 weeks ago
4 bd•2.25 ba•~2,160 sq ft•Single Family
410 N 178th Lane, Shoreline, WA 98133
0%
Over list
35
Days on market
0.8 mi
Distance
$760,000 Sold
6 weeks ago
3 bd•1 ba•~1,262 sq ft•Single Family
16107 Midvale Avenue N, Shoreline, WA 98133
2%
Under list
84
Days on market
0.5 mi
Distance
$905,000 Sold
7 weeks ago
3 bd•2.5 ba•~1,760 sq ft•Single Family
1315 N 167th Street, Shoreline, WA 98133
1%
Over list
22
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 4:09 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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