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Listed by Tina Christensen • Maple Leaf Real Estate LLC.
FOR SALE

$1,450,000

Est. $7,741/mo

Price reduced $50,000 from the original $1,500,000 asking price

1627 Ne 199th Place, Shoreline, WA 98155

• Listed Jul 3, 2026•85 days active · 85 cumulative

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Listing Broker: Maple Leaf Real Estate LLC; Tina Christensen; 425-343-7373; tina@mapleleafmgt.com

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Listing Broker: Maple Leaf Real Estate LLC; Tina Christensen; 425-343-7373; tina@mapleleafmgt.com

About this home

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.

Property type
Single Family
Year built
1980
Interior
Not listed
Lot size
0.2634 acres
Parking
None
Price / sq ft
Not listed
HeatingBaseboard, Wall Furnace
CoolingNone
Property taxes$11,467/yr (est.)
School districtShoreline

Listed by Tina Christensen • Maple Leaf Real Estate LLC

Listing updated: September 21, 2026 at 11:36pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2548098

Open houses

No upcoming open houses scheduled for this property.

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1627 Ne 199th Place, Shoreline, WA 98155

List price
$1,450,000
Down payment
$290,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Flooring

  • Ceramic Tile
  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • Wall Furnace heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

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.

Mortgage payment forecast

$9,060 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Maple Leaf Real Estate LLC; Tina Christensen; 425-343-7373; tina@mapleleafmgt.com

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Market pulse

Shoreline is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 44 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 11:36pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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