Exceptional Investment Opportunity in Shoreline! Discover this beautifully updated 4-plex located just minutes from the new Shoreline light rail station—a prime location 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 4 units fully updated with updated kitchens, bathrooms, flooring, and fixtures. Strong rental history – every unit is currently leased. Short distance to the new light rail, I-5, shopping, parks, Lake Forest Park and Edmonds.
Active
Listed by: Windermere Real Estate JS • Natalee N. Thurston
Price cut: $100K (8/18)
$1,199,950
2224 NE 197th Place, Shoreline, WA 98155
6beds
6baths
3,382sqft
Quadruplex, Multi Family
Built in 1978
-- sqft lot
$1,175,100 Zestimate®
$355/sqft
$-- HOA
What's special
Modern finishesStylish low-maintenance living spacesUpdated kitchens
- 52 days |
- 222 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Natalee N. Thurston,
Windermere Real Estate JS
Source: NWMLS as distributed by MLS GRID,MLS#: 2543003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 3,382
- Total interior livable area: 3,382 sqft
Property
Parking
- Total spaces: 10
- Carport spaces: 4
- Uncovered spaces: 6
Lot
- Size: 8,298 Square Feet
- Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, High Speed Internet
Details
- Parcel number: 0508000040
- Zoning description: Multi-Family,See Remarks,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,See Remarks
Condition
- Very Good
- Year built: 1978
- Major remodel year: 2001
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Ronald Wastewater
- Water: Public, Company: North City
- Utilities for property: Xfinity, Xfinity
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Ballinger
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $355/sqft
- Tax assessed value: $935,000
- Annual tax amount: $10,040
- Date on market: 11/6/2025
- Cumulative days on market: 289 days
- Listing terms: Conventional,FHA
Estimated market value
$1,175,100
$1.12M - $1.23M
$2,530/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $1,199,950-7.7%$355/sqft |
Source:  NWMLS as distributed by MLS GRID #2543003 Report a problem | ||
| 7/1/2026 | Listed for sale | $1,299,950+44.6%$384/sqft |
Source: NWMLS as distributed by MLS GRID #2543003 Report a problem | ||
| 3/15/2019 | Sold | $899,000$266/sqft |
Source: NWMLS as distributed by MLS GRID #1394540 Report a problem | ||
| 2/24/2019 | Pending sale | $899,000$266/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 2/21/2019 | Listed for sale | $899,000$266/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 2/7/2019 | Pending sale | $899,000$266/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 1/29/2019 | Price change | $899,000-3.2%$266/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 1/14/2019 | Price change | $929,000-1.6%$275/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 1/2/2019 | Price change | $944,000-2.6%$279/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 12/17/2018 | Listed for sale | $969,000+337.5%$287/sqft |
Source: Home Realty #1394540 Report a problem | ||
| 10/7/1994 | Sold | $221,500$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,040 -1.8% | $935,000 +4.8% |
| 2024 | $10,227 -13.7% | $892,000 -8.4% |
| 2023 | $11,846 +12.8% | $974,000 +0.3% |
| 2022 | $10,498 -7.4% | $971,000 +1.6% |
| 2021 | $11,332 -5.1% | $956,000 +3.2% |
| 2020 | $11,939 +1.5% | $926,000 +3.5% |
| 2019 | $11,767 +21.6% | $895,000 +17.5% |
| 2018 | $9,676 +4.4% | $762,000 +5.2% |
| 2017 | $9,269 +33% | $724,000 +10.2% |
| 2016 | $6,971 | $657,000 -1.8% |
| 2015 | $6,971 | $669,000 +26.5% |
| 2014 | $6,971 | $529,000 -1.3% |
| 2013 | $6,971 | $536,000 +5.1% |
| 2012 | -- | $510,000 +17.2% |
| 2011 | -- | $435,000 -16% |
| 2010 | -- | $518,000 |
| 2009 | -- | $518,000 +26.7% |
| 2007 | -- | $409,000 +14.6% |
| 2006 | -- | $357,000 |
| 2005 | -- | $357,000 +44.5% |
| 2001 | $3,572 -2% | $247,000 +7.4% |
| 2000 | $3,645 | $230,000 |
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
GreatSchools rating
- 6/10Brookside Elementary SchoolGrades: K-5Distance: 1.5 mi
- 8/10Kellogg Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10Shorecrest High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Lake Forest Park Ele
- 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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