Property Details
475 Houser Way S #A & B
Renton, WA 98057
$524,000
Pending
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Property Overview
Prime Renton duplex offering income stability with room to grow! Unit A is a 1 bed, 1 bath home with a long-term tenant, delivering proven income from day one. Unit B is a 2 bed, 1 bath unit featuring a recently updated kitchen, new flooring, and refreshed finishes throughout, plus a private deck—ready to command top rent. Both units include off-street parking and separate coin-operated laundry. The property features a new roof within the last year and new electrical throughout in 2018. Established landscaping and a fenced yard add to the curb appeal of this well-kept, tree-lined property. May qualify for FHA financing for an owner-occupant buyer—live in one unit while renting out the other for additional income. Short distance to The Landing's shopping and dining, and minutes to Boeing, Providence, and Kaiser. Schedule your showing today!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
King
Neighborhood
Downtown Renton
Listed
Jul 16, 2026
Structure Type
Duplex
Parcel Number
7840300035
Tax & HOA
Annual Property Tax
$5,404 (2026)
Est. Monthly Tax
$450/mo
Financial Summary
Cap Rate
4.83%
Net Operating Income
$25,285
Gross Scheduled Income
$37,200
Gross Rent Multiplier
14.09
Total Expenses
$10,055
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
1,220
Leasable Area
1,220 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
2,570 sqft
Year Built
1981
Exterior & Lot
Lot Size
0.06 sqft
Year Built
1981
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Adjacent to Public Land, Corner Lot, Sidewalk
Exterior Features
Wood
Community & Access
Directions
Located on the corner of Houser Way and Morris Ave S. From Talbot Rd S to S Seventh St. Right on Shattuck Ave S., and a right onto Houser Way S.
Location
City
Renton
County
King
Coordinates
47.47692, -122.21056
Additional Information
Tax Year
2026
Annual Taxes
$5,404
Possession
Array
Based on information submitted to the MLS GRID as of August 6, 2026 9:00 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.
