USAWAShorelineBriarcrest1527 -1529 Ne 150Th Street
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$1,600,000

For Sale

13 days ago

1527 -1529 Ne 150th Street, Shoreline, WA

MLS® 2538293

0 Bed

0 Bath

--

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $17,826
Days Active 12
Lot Size 0.37229999899864197 Acres
Approx. Age 1977
MLS® Number 2538293

Property Address: 1527 -1529 Ne 150th Street, Shoreline, WA, 98155

Average square foot calculated using Size range provided by listing agent.

Description

Shoreline Townhomes + SFH is a 6-unit investment opportunity located at 1527–1529 NE 150th Street in Shoreline, Washington. The property includes five 3-bedroom, 1.5-bathroom townhome units and one detached 2-bedroom, 1-bathroom single-family home, totaling 6, 437 rentable square feet. Seller financing is available to qualified buyers at an attractive 4.5% interest-only rate with a 5-year term and 25% down payment. The investment presents a compelling value-add opportunity through a renovation program combined with favorable financing. Current rents average $1, 101 per unit, approximately 50% below market rates for comparable Shoreline properties. By implementing upgrades and leveraging Washington State RCW statutes (59.18.200, 59.18.650, 59.18.440), tenants may be relocated with proper 120-day notice for permitted renovations. Upon completion, projected rents could increase scheduled gross income by over 90% at stabilized market levels. The property benefits from a strong location within Shoreline, with proximity to highly regarded schools including Shorecrest High School, Kellogg Middle School, Briarcrest Elementary, and Shoreline Christian School, all within one mile. This location supports long-term tenant demand and sustained rental growth.
MLS® Number2538293
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3723
Exterior
GarageNo
Approx. Age1977
Basement
Driveway
Garage Spaces0
HeatBaseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 11, 2026List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
1527 -1529 Ne 150th Street, Shoreline, WA

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