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About the Listing 5243 - 109583
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!
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
2568387
Year Built
1983
Total Square Footage
2,820
Lot/Acreage
0.3
County
King
Building Name
Highland Acres Add
Neighborhood
Richmond Highlands
School District
Shoreline
Elementary School
Highland Terrace Elementary
Middle School
Albert Einstein Middle
High School
Shorewood High
Interior Details
- Bedrooms: 16
- Bathrooms: 9 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: SPU
Exterior Details
- Lot Description: Dead End Street,Paved,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 12
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood,Good
- Sewer: Shoreline Wasterwaster Utility
Financial Details
- Tax Amount: $11,274
- Taxes w/Assessments: N/A
- Tax/Property ID: 3293700508
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
16068 Greenwood Ave N Shoreline, WA 98133
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