All homes

$1,825,000

16068 Greenwood Avenue

Shoreline, WA 98133

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.30 ac

Year built

1983

Type

Residential Income

Days listed

16

MLS #

2568387

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!

Exterior features

Wood

Schools

Elementary

Highland Terrace Ele

Middle

Albert Einstein Mid

High

Shorewood High

Property details

Heating
Forced Air
Cooling
None
Flooring
Ceramic Tile, Hardwood, Carpet
View
Territorial
Lot
Dead End Street, Paved
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$11,274 (2025)

Estimate your monthly payment

$10,168/mo

Principal & interest
$9,228
Property taxes
$940
Loan amount $1,460,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Shoreline, WA 98133

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Keller Williams Rlty Bellevue— Maggie Sun.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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