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About the Listing 7764 - 14918
Exceptional Investment Opportunity in Shoreline! [TURN KEY] Discover this beautifully updated 4-plex located just minutes from the new Shoreline light rail station, 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 units feature updated kitchens, bathrooms, flooring, and fixtures, ensuring minimal future capital expenses. This property boasts a strong consistent rental history, with all four units currently leased. Residents enjoy easy access to I-5, shopping, parks, Lake Forest Park, and Edmonds, making this an ideal location for commuters and lifestyle-focused tenants alike. Each unit equipped with in-unit washers and dryers, complemented by a common area coin-operated machine for larger loads and comforters. The upper units offer private decks, while the lower units feature fenced yards, providing desirable outdoor living spaces. Pride of ownership is evident throughout, with zero deferred maintenance and a well-cared-for structure that reflects long-term stewardship. Zoned R24, this property offers excellent future development potential in an ever-growing area. Originally designed for owner-occupancy in Unit B with three income-producing units, this versatile investment presents a rare opportunity for both investors and owner-users seeking stable returns in a prime Shoreline location.
Listing Highlights
Status
Active
Days on Site
170
Property Type
Multi-Family
MLS ®
2428924
Year Built
1978
Total Square Footage
3,296
Lot/Acreage
0.19
County
King
Building Name
Ballinger Woodlands
Neighborhood
Ballinger
School District
Shoreline
Elementary School
Lake Forest Park Elementary
Middle School
Kellogg Middle
High School
Shorecrest High
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: North City
Exterior Details
- Lot Description: Cul-De-Sac,Curbs,Dead End Street,Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,High Speed Internet,Zoning: Multi-Family,See Remarks
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: Multi-Family,See Remarks
- Roof: Composition,See Remarks
- Others: Wood,Very Good
- Sewer: Ronald Wastewater
Financial Details
- Tax Amount: $10,227
- Taxes w/Assessments: N/A
- Tax/Property ID: 0508000040
- Tax Year: 2025
Payment Calculator
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Questions About..
2224 NE 197th Pl Shoreline, WA 98155
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