0 12th Avenue NE Shoreline, WA 98155
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Shoreline / JC Gagnaire

  0 12th Avenue NE Shoreline, WA 98155

Active (126 Days)


INVESTORS! A diamond in the rough. Buy & hold for future phenomenal returns. Located in an emerging Shoreline neighborhood seven blocks from the future 145th St Light Rail station (2025) and to shopping convenience to a variety of fine dining, bars/pubs, groceries, clothing, banking, fast Food, expresso stands and healthcare. Flat, rectangular lot that supports 15-Units in 2022 or 245+ units in 2033 (Phase 2 rezone to MUR70 takes effect in 2033). This zone is intended to provide the highest density for development in Shoreline. Up to 7 stories tall or 140 feet height allowed when meeting specific requirements. Fantastic long term hold investment. Buy now, sell in 2033 with a potential for 20% average annual returns. Incredible land value.

MLS #:
Lot Size
1.16 acres
Building Name
Paramount Park Div 02
Res-Over 1 Acre
School District
King County
Bathroom Details
  • Briarcrest
Lot Information
  • Paved
  • Open Space
Utility Information
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: In Street
Additional Listing Info
  • Selling Office Commission: 2.5%
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Listing Price History

% Change
$ (+/-)
Nov 07, 2022
Price Changed
Aug 23, 2022
Price Changed
Jul 08, 2022
Original Price

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
Interest rate
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2023 1/27/23 15:18. 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.