1627 NE 199th Place Shoreline, WA $ 1,500,000
1627 NE 199th Place
$ 1,500,000
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1627 NE 199th Place

Shoreline, WA, 98155
$ 1,500,000
Bedrooms8 Baths4.0 Sq 3,680

Monthly Estimate*

$ 9,471

Listed by Maple Leaf Real Estate LLC
1627 NE 199th Place, Shoreline, WA 98155 - Image 1
1627 NE 199th Place, Shoreline, WA 98155 - Image 2
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1627 NE 199th Place, Shoreline, WA 98155 - Image 7
1627 NE 199th Place, Shoreline, WA 98155 - Image 8
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Multi-Family Home for sale in Shoreline, WA

for $1,500,000 with 8 bedrooms and 4 full baths. This 3,680 square foot home was built in 1980 on a lot size of 0.2634.

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.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,467

Style

4-Plex

Lot Size

0.2634

Year Built

1980

Town/City

Shoreline

County/Region

King

MLS | Web ID

2548098

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1980
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 60975
Insurance Expense 3391
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lake Forest Park
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From 1-5 Exit 177 (SR-104/NE 205th St) head east on NE 205th St right on 15th Ave NE left on Forest Prk Dr NE left on NE 199th Pl. Property is located at the end of the street.
High School Shorecrest High
City Shoreline
Senior Community Y/N N
High School District Shoreline
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 720 - Lake Forest Park
Lot Size Units Square Feet
Lot Size Square Feet 11475
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Brookside Elem
Tax Annual Amount 11467
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Kellogg Mid
Property Condition Good
Public Remarks 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
Leasable Area 3680
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company Northshore Water
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 8568
Property Style 54 - 4-Plex
Cap Rate 4.07
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Exterior
Exterior Amenities Wood
Lot Features Curbs Dead End Street Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 3680
Lot Size Acres 0.2634
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Deck High Speed Internet Patio
Parking Uncovered Total 3
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Interior
Flooring Ceramic Tile Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2548098
Street Number 1 1627
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* Excluded Features
List By
Tina Christensen

Listing Agent

Maple Leaf Real Estate Llc

Broker

Affordability Calculator

$10,427
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$956
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3640027 Elementary School
257605 Middle School
Shorecrest High High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$1,500,000 Listed Price

Map


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1627 NE 199th Place, Shoreline, WA, 98155 is a Multi-Family Home for sale at $1,500,000 with 3,680 sqft and a lot size of 0.2634. 1627 NE 199th Place has 8 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 98155 which is in Shoreline, WA