About 936 N 198th Street
The Encore Apartments offers a new investor a great value add opportunity in a landlord friendly city. A new investor over time can also renovate units upon turnover and modernize each unit with stainless steel appliances, granite/quartz counters, new cabinets etc. In current condition, a new investor can raise rents and get this building to a 7.18% CAP Rate. Excellent value-add opportunity. All 12 units are Two-Bed/One-Bath units averaging about 700 square feet each. Ample open parking available on site that has been re-paved and re-striped. Building has updated electrical panels and a newer TPO roof. Coin-operated common laundry available. Conveniently located in Shoreline, property has easy access to Rapid Ride Transit, Highway 99, Interstate-5, and the 185th Street Light Rail Station.
Features of 936 N 198th Street
| MLS® # | 2573588 |
|---|---|
| Price | $2,700,000 |
| Square Footage | 8,400 |
| Acres | 0.41 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 936 N 198th Street |
|---|---|
| Area | 715 - Richmond Beach/Shoreline |
| Subdivision | Shoreline |
| City | Shoreline |
| County | King |
| State | WA |
| Zip Code | 98133 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|
School Information
| District | Shoreline |
|---|
Additional Information
| Date Listed | August 24th, 2026 |
|---|---|
| Days on Market | 3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Westlake Associates, Inc. |
|---|