2224 Ne 197th Place, Shoreline, Washington 98155

WA, Shoreline
$1,299,950
  • 3,382 Sqft
  • Residential Income Property Type
  • 1978 Year Built
  • Active Status
Property Description

Exceptional Investment Opportunity in Shoreline! [TURN KEY] Discover this beautifully updated 4-plex located just minutes from the new Shoreline light rail station, offering unmatched convenience and long-term growth potential. Each of the four units has been thoughtfully renovated with modern finishes, creating stylish, low-maintenance living spaces that attract and retain quality tenants. All units feature updated kitchens, bathrooms, flooring, and fixtures, ensuring minimal future capital expenses. This property boasts a strong consistent rental history, with all four units currently leased. Residents enjoy easy access to I-5, shopping, parks, Lake Forest Park, and Edmonds, making this an ideal location for commuters and lifestyle-focused tenants alike. Each unit equipped with in-unit washers and dryers, complemented by a common area coin-operated machine for larger loads and comforters. The upper units offer private decks, while the lower units feature fenced yards, providing desirable outdoor living spaces. Pride of ownership is evident throughout, with zero deferred maintenance and a well-cared-for structure that reflects long-term stewardship. Zoned R24, this property offers excellent future development potential in an ever-growing area. Originally designed for owner-occupancy in Unit B with three income-producing units, this versatile investment presents a rare opportunity for both investors and owner-users seeking stable returns in a prime Shoreline location.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2428924
  • Price: $1,299,950
  • Square Footage: 3,382 Sqft
  • Year Built: 1978
  • Lot Area: 0.19 Acre
  • Status: Active
  • Office Name: Windermere Real Estate JS
  • Agent Name: Natalee N. Thurston
  • Property Sub Type: Multi Family
  • Roof: See Remarks, Composition
Features
  • Heating System Baseboard, Wall Furnace
  • Cooling System None
  • Carport Spaces: 4
  • Exterior Features Wood
  • Flooring Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Shoreline
  • Zipcode 98155
  • Street: 197TH
  • Street Number: 2224
  • Street Suffix: Place
  • Longitude: W123° 41' 34.1''
  • Latitude: N47° 46' 21.6''
  • Directions: From I-5 exit 177, east on Ballinger Way, right on 23rd Ave NE, building 4th on the right.
  • Mls Area Major: 720 - Lake Forest Park
  • Street Dir Prefix: NE
Neighborhood
  • Elementary School: Lake Forest Park Ele
  • High School: Shorecrest High
  • High School District: Shoreline
  • Middle School: Kellogg Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family,See Remarks
  • On Market Date: 2025-09-05
  • Number Of Units Total: 4
  • Lot Features: Dead End Street, Paved, Curbs, Sidewalk, Cul-De-Sac
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 10227
Listing Information
  • List Agent Mls Id: 14918
  • List Office Mls Id: 7764
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-04-24T01:36:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-24T01:34:44Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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