Active · Residential Income

1627 NE 199th Place , Shoreline, WA 98155

Shoreline, WA 98155

$1,450,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Maple Leaf Real Estate LLC · MLS #2548098 · Active

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About this property

Excellent investment opportunity in a prime Shoreline location near the King/Snohomish County line! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units each with a woodburning fireplace, walk-in closet, 2 large storage/linen closets, in-unit full size washer/dryer and a private covered patio or deck. Situated on a generous 11,475 sq. ft. lot at the end of a quiet dead-end street, the property includes four covered carport spaces, each with its own storage closet plus four additional storage closets for additional monthly income and three additional uncovered parking spaces along with several open guest parking spaces shared with other buildings. Building roof replaced in 2017. Located within the highly regarded Shoreline School District, this income-producing property provides convenient access to 1-5, 1-405, Shoreline and Mountlake Terrace light rail stations, shopping, dining, parks, Lake Washington and Edmonds waterfront. With spacious layouts, abundant parking and storage, and an excellent commuter location, this fourplex presents an outstanding opportunity for investors seeking a quality asset in one of the area's stronger rental markets.

Property details

Property type: Multi Family
Year built: 1980
Lot size: 11,475 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $11,467 (2026)
Parking spaces: 7
School district: Shoreline

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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