Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,325,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago

Listed by Natalee N. Thurston | Windermere Real Estate JS | (360) 653-2509

See This Home
Save This Home
See This Home
Save This Home
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. Walking distance to the new light rail, I-5, shopping, parks, Lake Forest Park and Edmonds.

Full Property Details for 2224 NE 197th Pl

General

  • Price: $1,325,000
  • Taxes: $10,227 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2428924
  • Updated: 1/7/2026
  • Added to Site: 134 day(s) ago

Interior

  • Flooring: Vinyl Plank

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Fully, High Speed Internet
  • Security/Safety: Fully Fenced

Parking

  • Carport Spaces: 4
  • Uncovered Spaces: 4

Location

  • Area: 720 - Lake Forest Park
  • County: King
  • Subdivision: Ballinger
  • Building Name: Ballinger Woodlands
  • Driving Directions: From I-5 exit 177, east on Ballinger Way, right on 23rd Ave NE, building 4th on the right.

School Information

  • High School District: Shoreline
  • Elementary School: Lake Forest Park Ele
  • Middle School: Kellogg Mid
  • High School: Shorecrest High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, See Remarks
  • Stories in Building: 2
  • Square Feet: 3,382
  • Year Built: 1978
  • Property Condition: Very Good

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.1905
  • Lot Size (Sq. Ft.): 8,297
  • Lot Size Source: KCR
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • Zoning: Multi-Family, See Remarks

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $10,227
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 508000040
  • Lot Number: 4

Listed by Natalee N. Thurston | Windermere Real Estate JS | (360) 653-2509

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2224 NE 197th Pl

School District:Shoreline School District
NameGradesDistance
Brookside Elementary School
17447 37th Avenue Northeast, Lake Forest Park, WA 98155
K-61.5 mi
Kellogg Middle School, Shoreline, WA
16045 25th Avenue Northeast, Shoreline, WA 98155
7-81.9 mi
Shorecrest High School
15343 25th Avenue Northeast, Shoreline, WA 98155
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2224 NE 197th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$1,325,000
-1.85%
MLS
9/05/2025
Listed
$1,350,000
—
MLS
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 2224 NE 197th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,846
—
$892,000
-8%
2024
$11,846
13%
$971,000
—
2022
$10,498
-12%
$971,000
2%
2021
$11,939
—
$956,000
3%
2021
$11,939
1%
$926,000
3%
2020
$11,767
22%
$895,000
17%
2019
$9,676
4%
$762,000
5%
2018
$9,269
15%
$724,000
10%
2017
$8,065
-5%
$657,000
-2%
2016
$8,465
21%
$669,000
26%
2015
$6,971
-11%
$529,000
-1%
2014
$7,845
—
$536,000
—
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.

Estimate the Cost for 2224 NE 197th Pl

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Natalee N. Thurston | Windermere Real Estate JS | (360) 653-2509

Just Listed near 2224 NE 197th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

194 Xx Forest Park Dr NE, Lake Forest Park, WA 98155 - Photo 1 Just Listed
$175,000

194 Xx Forest Park Dr NE  Lake Forest Park, WA 98155

  • Land Residential
  • Active
  • Updated 3 days ago
  • 0.6323
    Acres
Listed by Wil G. Coloma | RE/MAX Elite
17899 40th Ave NE, Lake Forest Park, WA 98155 - Photo 1 Just Listed
$995,000
Open House

17899 40th Ave NE  Lake Forest Park, WA 98155

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,780
    Sq. Ft.
Listed by Tanya Thackeray | Windermere Real Estate Co.
4621 NE 192nd St, Lake Forest Park, WA 99155 - Photo 1 Just Listed
$1,234,500
Open House

4621 NE 192nd St  Lake Forest Park, WA 99155

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,560
    Sq. Ft.
Listed by Sherman D. Fluharty | Lake & Company and Debbie Russell | Lake & Company
22402 42nd Pl W, Mountlake Terrace, WA 98043 - Photo 1 Just Listed
$849,900
Open House

22402 42nd Pl W  Mountlake Terrace, WA 98043

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,778
    Sq. Ft.
Listed by Vera Brodsky (206) 412-7792

Price Reduced near 2224 NE 197th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4902 241st St SW, Lake Forest Park, WA 98043 - Photo 1 Price Reduced
-$30,000 (-2.44%)
$1,199,000
Open House

4902 241st St SW  Lake Forest Park, WA 98043

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,868
    Sq. Ft.
Listed by Hailu Liu | RE/MAX Town Center and Alana Appleton | RE/MAX Town Center
4902 241st St SW, Mountlake Terrace, WA 98043 - Photo 1 Price Reduced
-$30,000 (-2.44%)
$1,199,000
Open House

4902 241st St SW  Mountlake Terrace, WA 98043

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,868
    Sq. Ft.
Listed by Hailu Liu | RE/MAX Town Center and Alana Appleton | RE/MAX Town Center
8516 196th St SW, Edmonds, WA 98026 - Photo 1 Price Reduced
-$5,000 (-1.22%)
$404,950

8516 196th St SW  #311  Edmonds, WA 98026

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,114
    Sq. Ft.
Listed by Catrina Shaw (206) 724-5380
22407 87th Ave W, Edmonds, WA 98026 - Photo 1 Price Reduced
-$15,000 (-1.69%)
$875,000
Open House

22407 87th Ave W  Edmonds, WA 98026

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,400
    Sq. Ft.
Listed by Jeff Snow | Skyline Properties, Inc.

Recent Sales near 2224 NE 197th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3320 NE 200th Ct, Lake Forest Park, WA 98155 - Photo 1 Sold
$1,400,000

3320 NE 200th Ct  Lake Forest Park, WA 98155

  • Single Family
  • Closed
  • 6
    Beds
  • 4
    Total Baths
  • 3,124
    Sq. Ft.
Listed by Annie Gu | Realty ONE Group Orca Gold and Tom Perry | Realty ONE Group Orca Gold
Sold by John Zimcosky | Windermere Real Estate/Summit
1604 NE 186th St, Shoreline, WA 98155 - Photo 1 Sold
$1,160,000

1604 NE 186th St  Shoreline, WA 98155

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,360
    Sq. Ft.
Listed by Chris Hjorten | eXp Realty
Sold by Jen Post | Windermere RE Greenwood and Kathe Trost | Windermere RE Greenwood
18029 24th Ave NE, Shoreline, WA 98155 - Photo 1 Sold
$1,250,000

18029 24th Ave NE  Shoreline, WA 98155

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 2,930
    Sq. Ft.
Listed by Mel Parsons | Real Broker LLC
Sold by David Cho | Better Properties Eastside
2123 NE 177th St, Shoreline, WA 98155 - Photo 1 Sold
$1,140,000

2123 NE 177th St  Shoreline, WA 98155

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,150
    Sq. Ft.
Listed by Amie Armstrong | Windermere R.E. Shoreline and Chris Haynes | Windermere R.E. Shoreline
Sold by Mark Bensadon | Keller Williams North Seattle

2224 NE 197th Place, Shoreline, WA 98155 (MLS# 2428924) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2224 NE 197th Place is currently listed for $1,325,000 and was received on September 05, 2025. Want to learn more about 2224 NE 197th Place? Do you have questions about finding other Multi-Family real estate for sale in Shoreline? You can browse all Shoreline real estate or contact a Coldwell Banker agent to request more information.

Tour this property