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+13604225200
LCR
1614 NE 199th Court, Shoreline, WA 98155
- $919,000
- 2,760
- SqFt
Listing Broker: Windermere RE Magnolia; Tara Eintracht; ; Selling Office: HomeSmart Real Estate Assoc.
- Sold Price
- $919,000
- List Price
- $929,000
- Status
- SOLD
- MLS#
- 2470831
- Closing Date
- Feb 27, 2026
- Days on Market
- 14
- Style
- 52 - Duplex
- Finished SqFt
- 2,760
- Area Total SqFt
- 2760
- Annual Tax Ammount
- 8569.06
- Lot Size (sq ft)
- 8,000
- Sewer
- Sewer Connected
Property Description
This well-maintained up/down duplex offers strong rental appeal with both units currently tenant occupied. (upstairs coming up for renewal in April, downstairs is a long term tenant on month to month) This special investment was originally built as an owner's unit up and tenant down. Both units feature private washer and dryer, and a fireplace. Large two car garage on site plus plenty of additional parking for each unit. The upper unit features vaulted ceilings and a spacious primary bedroom with en-suite bath and walk-in closet. Additional highlights include an island kitchen, hardwood floors, and an enclosed back porch accessed through a sliding glass door. Separate entrance to storage in basement. Wooded lot provides a very private treehouse feeling while also having close proximity to I5 and light rail. Current owners have done several updates including brand new water main to the meter. This is an ideal opportunity perfectly suited for an owner/occupant 'house hack' or a 1031 investor, with solid cash flow history.
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Additional Information
- List Date
- 2026-02-13 00:00:00
- Community
- Shoreline
- Net Operating Income
- $33,513
- Gross Adjusted Income
- $60,423
- Gross Scheduled Income
- $69,240
- Total Monthly Income
- $5,770
- Insurance Expenses
- $2,298
- Water/Sewer/Garbage Expenses
- $3,873
- Gross Rent Multiplier
- 13.4
- Total Expenses
- $27,806
- Cap Rate
- 3.6
- Total Number of Units
- 2
- Unit Name
- 1614
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 13066
- Energy Source
- Electric
- School District
- Shoreline
- Total Monthly Income
- $5,770
- Gross Scheduled Income
- $69,240
- Gross Adjusted Income
- $60,423
- Tax Year
- 2025
- Insurance Expense
- $2,298
- W/S/G Expenses
- $3,873
- Total Expenses
- $27,806
- Net Operating Income
- $33,513
- Gross Rent Multiplier
- 13.4
- Cap Rate
- 3.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.