Property Details
19837 25th Avenue NE
Shoreline, WA 98155
$1,250,000
Active
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Property Overview
The Foundation Group is pleased to present the Shoreline 4-unit Apartments. Located in the desirable Ballinger neighborhood of Shoreline, 19837 25th Ave NE offers residents a quiet residential setting with outstanding access to employment centers, shopping, recreation, and transportation. Positioned just minutes from Interstate 5, the property provides an easy commute to Downtown Seattle, Bellevue, Lynnwood, and the greater Eastside. This well maintained 4 unit is ready for the next owner to capitalize on modernizing the units through a value add plan.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Shoreline
Listed
Aug 3, 2026
Structure Type
Quadruplex
Parcel Number
0426049052
Tax & HOA
Annual Property Tax
$10,292 (2026)
Est. Monthly Tax
$858/mo
Financial Summary
Cap Rate
4.97%
Net Operating Income
$62,161
Gross Scheduled Income
$82,860
Gross Rent Multiplier
15.08
Total Expenses
$20,699
Building & Use
Building Sq Ft
3,500
Leasable Area
3,500 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,292 sqft
Year Built
1980
Exterior & Lot
Lot Size
0.17 sqft
Year Built
1980
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood Products
Community & Access
Directions
From I5 north take NE 205th, turn right on 25th Ave NE building will be on the right
Location
City
Shoreline
County
King
Coordinates
47.77323, -122.30325
Additional Information
Tax Year
2026
Annual Taxes
$10,292
Possession
Array
Based on information submitted to the MLS GRID as of August 3, 2026 4:30 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
