Property Details

245 SE Croston Lane
Issaquah, WA 98027
$1,100,000
MLS# 2470772 courtesy of NWMLS Listing firm: HomeSmart Real Estate Assoc

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245 SE Croston Lane , Issaquah, WA 98027-3938, Issaquah

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245 SE Croston Lane , Issaquah, WA 98027-3938, Issaquah

1 / 36
Multi-Family
Property Type
2,340
Bldg Sq Ft
2
Units
3.00%
Cap Rate
1976
Year Built

Property Overview

Exceptional Investment Opportunity in a Desirable Issaquah Location! This well-maintained, townhouse-style duplex features two spacious units, each offering 3 bedrooms and 1.5 bathrooms. Upon entry, each home welcomes you with a bright and open living room complete with a cozy wood fireplace and soaring vaulted ceilings. The kitchens provide abundant cabinetry, generous counter space, & a dedicated dining area—ideal for everyday living. Upstairs, you’ll find three well-sized bedrooms and a full bathroom. Each unit includes its own one car garage plus additional parking outside of the units. The property is currently occupied by excellent long-term tenants on both sides & potential for renewal under new ownership. Amazing location! Walk to everything, Jack Grill, grocery story, library, Coffee shops, community swimming pool and more!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending Inspection
County King
Neighborhood Issaquah
Listed Jan 22, 2026
Original Price $1,250,000
Structure Type Duplex
Parcel Number 2354300812

Tax & HOA

Annual Property Tax $8,720 (2025)
Est. Monthly Tax $727/mo

Financial Summary

Cap Rate 3.00%
Net Operating Income $50,594
Gross Scheduled Income $5,373
Gross Rent Multiplier 5,373.00
Total Expenses $13,885

Building & Use

Building Sq Ft 2,340
Leasable Area 2,340 sqft
Total Units 2
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 5,998 sqft
Year Built 1976

Exterior & Lot

Lot Size 0.14 sqft
Year Built 1976
Garage 2 spaces
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Wood, Wood Products

Community & Access

Directions From E. Sunset Way head south on 2nd Avenue a few blocks to SE Croston Lane.

Location

City Issaquah
County King
Coordinates 47.52768, -122.03258

Additional Information

Tax Year 2025
Annual Taxes $8,720
Possession Array
Listed By
Dafna Shalev
HomeSmart Real Estate Assoc

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