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Listed by:Windermere Real Estate JS • Natalee N. Thurston

$1,299,950

Est. payment - /mo

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6 Beds

6 Baths

3,382 SqFt

Active

2224 NE 197TH PL Shoreline, WA 98155

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Paul Sowards

paulalexsow@gmail.com +1(503) 781-8652

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,382 sqft

Price per Sqft $384

Subdivision Ballinger

MLS Listing ID 2428924

Style 54 - 4-Plex

Bedrooms 6

Year Built 1978

Annual Tax Amount $10,227

Lot Size 8,297 Sqft

Property Sub-Type Multi Family

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.

Location

State WA

County King

Area 720 - Lake Forest Park

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet

View Y/N No

Roof Type Composition,See Remarks

Building

Lot Description Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lake Forest Park Ele

Middle Schools Kellogg Mid

High Schools Shorecrest High

School District Shoreline

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Paul Sowards

Broker

+1(503) 781-8652