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.
Active
Listed by: Maple Leaf Real Estate LLC • Tina Christensen
Price cut: $55K (10/8)
$1,395,000
1627 NE 199th Place, Shoreline, WA 98155
8beds
4baths
3,680sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$1,354,500 Zestimate®
$379/sqft
$-- HOA
What's special
Woodburning fireplaceWalk-in closetSpacious layouts
- --
- on Zillow
- 135
- views
- 3
- saves
Zillow last checked:
Listing updated:
Listed by:
Tina Christensen,
Maple Leaf Real Estate LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2548098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,680
- Total interior livable area: 3,680 sqft
Property
Parking
- Total spaces: 7
- Carport spaces: 4
- Uncovered spaces: 3
Lot
- Size: 0.26 Acres
- Features: Curbs, Dead End Street, Paved, Sidewalk, Deck, High Speed Internet, Patio
Details
- Parcel number: 7417700111
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1980
- Major remodel year: 1997
Utilities & green energy
- Electric: Company: SCL
- Sewer: Sewer Connected, Company: City of Shoreline
- Water: Public, Company: Northshore Water
Community & HOA
Community
- Subdivision: Lake Forest Park
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $988,000
- Annual tax amount: $11,467
- Date on market: 7/3/2026
- Listing terms: Conventional
Estimated market value
$1,354,500
$1.29M - $1.42M
$2,438/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Price change | $1,395,000-3.8%$379/sqft |
Source: | ||
| 8/1/2026 | Price change | $1,450,000-3.3%$394/sqft |
Source: | ||
| 7/3/2026 | Listed for sale | $1,500,000+136.2%$408/sqft |
Source: | ||
| 1/20/2026 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 1/14/2026 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 12/31/2025 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Listed for rent | $1,800-1.4% |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Listing removed | $1,825 |
Source: Zillow Rentals Report a problem | ||
| 12/12/2025 | Price change | $1,825-3.9% |
Source: Zillow Rentals Report a problem | ||
| 11/15/2025 | Listed for rent | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2014 | Sold | $635,000-6.5%$173/sqft |
Source: | ||
| 7/3/2014 | Pending sale | $679,000$185/sqft |
Source: Windermere Real Estate/Wall St., Inc. #568049 Report a problem | ||
| 5/9/2014 | Price change | $679,000-2.3%$185/sqft |
Source: Windermere Real Estate/Wall St., Inc. #568049 Report a problem | ||
| 3/20/2014 | Price change | $695,000-3.3%$189/sqft |
Source: Windermere Real Estate/Wall St., Inc. #568049 Report a problem | ||
| 11/22/2013 | Listed for sale | $719,000$195/sqft |
Source: Windermere Real Estate/Wall St., Inc. #568049 Report a problem | ||
| 10/30/2010 | Listing removed | $719,000$195/sqft |
Source: Windermere Real Estate/Wall St., Inc. #91948 Report a problem | ||
| 6/23/2010 | Listed for sale | $719,000+73.3%$195/sqft |
Source: Windermere Real Estate/Wall St., Inc. #91948 Report a problem | ||
| 10/26/2001 | Sold | $415,000+58.1%$113/sqft |
Source: | ||
| 4/10/1996 | Sold | $262,500$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,468 -1% | $988,000 +4.9% |
| 2024 | $11,585 -8.1% | $942,000 -3.3% |
| 2023 | $12,608 +16.4% | $974,000 +4.6% |
| 2022 | $10,836 -6.2% | $931,000 +2.1% |
| 2021 | $11,557 -13.7% | $912,000 -8.2% |
| 2020 | $13,387 +1.9% | $994,000 +3.4% |
| 2019 | $13,143 +13.9% | $961,000 +9.6% |
| 2018 | $11,534 +9.7% | $877,000 +10.9% |
| 2017 | $10,518 +39.8% | $791,000 +15% |
| 2016 | $7,522 | $688,000 +2.7% |
| 2015 | $7,522 | $670,000 +22.5% |
| 2014 | $7,522 | $547,000 -2% |
| 2013 | $7,522 | $558,000 +6.5% |
| 2012 | -- | $524,000 +14.7% |
| 2011 | -- | $457,000 -17.5% |
| 2010 | -- | $554,000 |
| 2009 | -- | $554,000 +28.8% |
| 2007 | -- | $430,000 +8% |
| 2006 | -- | $398,000 |
| 2005 | -- | $398,000 +23.6% |
| 2001 | $4,806 +12.7% | $322,000 +23.3% |
| 2000 | $4,266 | $261,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Ballinger
Nearby schools
Schools provided by the listing agent
- Elementary: Brookside Elem
- Middle: Kellogg Mid
- High: Shorecrest High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







