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$1,395,000

Reduced $105,000 — was $1,500,000

1627 199th Place

Shoreline, WA 98155

Active

Beds

—

Baths

—

Sq Ft

—

Lot

0.26 ac

Year built

1980

Type

Residential Income

Days listed

98

MLS #

2548098

About this home

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.

Exterior features

Wood

Schools

Elementary

Brookside Elem

Middle

Kellogg Mid

High

Shorecrest High

Property details

Heating
Baseboard, Wall Furnace
Cooling
None
Flooring
Ceramic Tile, Vinyl, Carpet
Lot
Curbs, Dead End Street, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$11,467 (2026)

Estimate your monthly payment

$8,009/mo

Principal & interest
$7,054
Property taxes
$956
Loan amount $1,116,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Shoreline, WA 98155

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Maple Leaf Real Estate LLC— Tina Christensen.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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