827 N 1st Street, Renton, WA 98057

$665,000
1,360
SqFt

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Listing courtesy of Windermere Real Estate/East.

List Price
$665,000
Status
PENDING
MLS#
2533408
Days on Market
50
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,360
Area Total SqFt
1360
Annual Tax Ammount
5948.98
Lot Size (sq ft)
5,954
Sewer
Sewer Connected

Property Description

Savvy investor alert! Dreamed of living in one home while an income stream pays the mortgage? Presenting a chic, brick mid-century duplex located just steps from the river's edge. Fully renovated Unit 827 boasts a modern new kitchen, stylish tiled bath, wide plank LVP flooring, new stacked laundry, new electrical panel & updated windows. Flow out a private side door to a BBQ patio & big sunny back yd + your own separate storage shed. Tenant occupied unit 829 is where vintage meets retro & the bthrm has been smartly updated. Brand new roof & plenty of private parking for each side to enjoy. Nestled in the character rich, fun neighborhood of North Renton w/a walkability score of 90. Enjoy the flavor of Old Town dining w/ fun restaurants galore. Stroll for miles along the riverfront on the Cedar River trail & grow veggies at the community garden located just a block away. Located minutes from Top Golf, freeway access & The Renton Landing Shopping & Entertainment area. Discover the ultimate in urban living. Amazing turnkey investment. Live in one, rent the other and start building equity now. Inspection report available.

Additional Information

List Date
2026-06-07 03:12:13
Community
Downtown
Net Operating Income
$33,904
Gross Adjusted Income
$42,000
Gross Scheduled Income
$42,000
Total Monthly Income
$3,500
Insurance Expenses
$1,007
Gross Rent Multiplier
15.83
Total Expenses
$8,095
Cap Rate
5.1
Total Number of Units
2
Unit Name
827
Potential Terms
Cash, Conventional
Year Built
1958
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Outbuildings, Patio, RV Parking
Other Expenses
1140
Energy Source
Electric
School District
Renton
Elementary School
Highlands Elem
Middle School
Dimmitt Mid
High School
Renton Snr High
Total Monthly Income
$3,500
Gross Scheduled Income
$42,000
Gross Adjusted Income
$42,000
Tax Year
2026
Insurance Expense
$1,007
Total Expenses
$8,095
Net Operating Income
$33,904
Gross Rent Multiplier
15.83
Cap Rate
5.1
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.
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