Listed by David W Petersen, Westlake Associates, Inc.
- 8,400
- Square feet
- $321
- Per sq ft
- Multi Family
- Type
- 1962
- Year built
- 17,761 sq ft
- Lot
- 0
- Days on market
About this property
The Encore Apartments offers a new investor a great value add opportunity in a landlord friendly city. A new investor over time can also renovate units upon turnover and modernize each unit with stainless steel appliances, granite/quartz counters, new cabinets etc. In current condition, a new investor can raise rents and get this building to a 7.18% CAP Rate. Excellent value-add opportunity. All 12 units are Two-Bed/One-Bath units averaging about 700 square feet each. Ample open parking available on site that has been re-paved and re-striped. Building has updated electrical panels and a newer TPO roof. Coin-operated common laundry available. Conveniently located in Shoreline, property has easy access to Rapid Ride Transit, Highway 99, Interstate-5, and the 185th Street Light Rail Station.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2573588
- Listed
- August 24, 2026
- Days on market
- 0
- Price per sq ft
- $321
Unit & building
- Stories in building
- 2
- Units in building
- 12
Parking
- Total spaces
- 20
Construction
- Year built
- 1962
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- FlatSee Remarks
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Lot
- Lot size
- 17,761 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Sewer
- Sewer Connected
Schools
- District
- Shoreline
What stands out to you?
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- Multi Family
- Flat
- See Remarks
- Forced Air
- None
- Electric
- Cash
- Conventional
- Sewer Connected
Listing history
Listed
$2,700,000
August 24, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$15,723
- Principal & interest
- $13,653
- Property tax (est.)
- $2,070
Assumes $540,000 down (20%), a $2,160,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 24, 2026 at 8:45 PM PDT. 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.