PROPERTIES FOR SALE

2224 NE 197TH Place Shoreline, WA 98155

NWMLS Courtesy of Windermere Real Estate JS
2224 NE 197TH Place
Shoreline, WA 98155
$1,299,950
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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.

Property Features

Community: Ballinger
4-Plex
Cable TV
Deck
Fenced-Fully
High Speed Internet
Exterior: Wood
Roof: Composition
Roof: See Remarks
Year Built: 1978
2025 Taxes: $10227.00
Buyer Broker Comp.: 2%%
Listing #: 2428924

Lot Details

Lot Size: 0.19 acres
Cul-De-Sac
Curbs
Dead End Street
Paved
Sidewalk
No. of Units: 4

Interior

Cooling: None
Heating: Wall Unit(s), Baseboard
Electric

Common Features

Coin Op Laundry
Thermal Windows

Schools

District: Shoreline
Elem: Lake Forest Park Ele
Middle: Kellogg Mid
High: Shorecrest High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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