$1,500,000
Est. $7,530/mo1627 Ne 199th Place, Shoreline, WA 98155
• Listed 2026-07-03•3 days on market
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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.
Listed by Tina Christensen • Maple Leaf Real Estate LLC
Listing updated: July 5, 2026 at 11:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548098
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value1627 Ne 199th Place, Shoreline, WA 98155
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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$8,861 per month
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Shoreline School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Shoreline is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
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Over list
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Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026