Listed by Real Property Associates
$1,470,000
NEW CONSTRUCTION

20315 14th Ave NE Unit A & B Shoreline, WA 98155

Ballinger Neighborhood

Estimated payment $9,454/month

4 Beds
6 Baths
2,636 Sq Ft
$558 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Ceramic Tile Flooring
  • Ridgecrest Elementary School Rated A-
  • Thermal Windows
  • Property is in very good condition

About This Home

Exceptional investment opportunity! Tucked away on a quiet dead-end street in transit friendly Shoreline. Intelligent design, superior finishes and welcoming spaces inside and out. Modern chef’s kitchen w/shaker cabinets, quartz countertops & stainless appliances. Adjacent family and dining room are spacious w/plenty of natural light. Top floor primary suite w/vaulted ceilings & pleasant outlook. 5-piece primary bath & walk-in custom closet. 2 car EV ready garage plus additional flex space. Live in 1 unit and rent the other or rent both and enjoy a headache free property. No HOA dues. Pro-forma rents=$3500/month per unit & 4.3% CAP rate. Quick access to I-5 and 2 parking supported light rail stations. Starbucks, Thriftway & Costco nearby.

Last Listed By

Doug Holman

Real Property Associates License #42453 Listed on: 05/29/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2384361

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,700

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 3,264 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,636 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Ridgecrest Elementary School
  • Kellogg Mid Middle School
  • Shorecrest High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3971700145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,700

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 2025
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: Yes
  • CalculatedSquareFootage: 2636
  • EffectiveYearBuiltSource: See Remarks
  • EstimatedCompletionDate: 2025-05-29
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Shoreline utilities
  • WaterCompany: North City
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shoreline
  • High School: Shorecrest High
  • Middle Or Junior School: Kellogg Mid

Lot Info

  • Parcel Number: 3971700145
  • Lot Size Acres: 0.0749
  • Lot Size Sq Ft: 3264
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Electric Car Charging,Fenced-Partially
  • MLSLotSizeSource: short plat
  • MLSSquareFootageSource: architectural plans
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17.5
  • LeasedItems: None
  • TotalMonthlyIncome: 7000

Multi Family

  • Gross Scheduled Income: 84000
  • Net Operating Income: 64780
  • Number Of Units Total: 2
  • Insurance Expense: 2000
  • Leasable Area: 2636
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2025
  • Tax Annual Amount: 14700

MLS Schools

  • Elementary School: Ridgecrest Elem

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $1,470,000 -- $558 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2384361

Northwest Multiple Listing Service (NWMLS)