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$1,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 hour ago

Listed by Tina Christensen | Maple Leaf Real Estate LLC | (206) 250-7367

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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.

Full Property Details for 1627 NE 199th Pl

General

  • Price: $1,500,000
  • Taxes: $11,467 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2548098
  • Updated: 7/3/2026
  • Added to Site: 6 day(s) ago

Interior

  • Flooring: Ceramic Tile, Vinyl, Carpet

Additional Information

  • Amenities: Deck, High Speed Internet, Patio

Parking

  • Carport Spaces: 4
  • Covered Spaces: 4
  • Uncovered Spaces: 3

Location

  • Area: 720 - Lake Forest Park
  • County: King
  • Subdivision: Lake Forest Park
  • Driving Directions: From 1-5, Exit 177 (SR-104/NE 205th St) head east on NE 205th St, right on 15th Ave NE, left on Forest Prk Dr NE, left on NE 199th Pl. Property is located at the end of the street.

School Information

  • High School District: Shoreline
  • Elementary School: Brookside Elem
  • Middle School: Kellogg Mid
  • High School: Shorecrest High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,680
  • Year Built: 1980
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.2634
  • Lot Size (Sq. Ft.): 11,475
  • Lot Size Source: county records
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $11,467
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7417700111

Listed by Tina Christensen | Maple Leaf Real Estate LLC | (206) 250-7367

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Schools serving 1627 NE 199th Pl

School District:Shoreline School District
NameGradesDistance
Brookside Elementary School
17447 37th Avenue Northeast, Lake Forest Park, WA 98155
K-61.7 mi
Kellogg Middle School, Shoreline, WA
16045 25th Avenue Northeast, Shoreline, WA 98155
7-82 mi
Shorecrest High School
15343 25th Avenue Northeast, Shoreline, WA 98155
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1627 NE 199th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/03/2026
Listed
$1,500,000
136.22%
MLS
8/15/2014
Sold
$635,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1627 NE 199th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2026
$11,468
-1%
$988,000
5%
2025
$11,585
-8%
$942,000
1%
2024
$12,608
16%
$931,000
—
2022
$10,836
-19%
$931,000
2%
2021
$13,387
—
$912,000
-8%
2021
$13,387
2%
$994,000
3%
2020
$13,143
14%
$961,000
10%
2019
$11,534
10%
$877,000
11%
2018
$10,518
20%
$791,000
15%
2017
$8,783
1%
$688,000
3%
2016
$8,725
16%
$670,000
22%
2015
$7,522
-11%
$547,000
-2%
2014
$8,471
—
$558,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tina Christensen | Maple Leaf Real Estate LLC | (206) 250-7367

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1627 NE 199th Place, Shoreline, WA 98155 (MLS# 2548098) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1627 NE 199th Place is currently listed for $1,500,000 and was received on July 03, 2026. Want to learn more about 1627 NE 199th Place? Do you have questions about finding other Multi-Family real estate for sale in Ballinger Highlands? You can browse all Ballinger Highlands real estate or contact a Coldwell Banker agent to request more information.

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