Property Details
827 N 1st Street
Renton, WA 98057
$665,000
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Downtown
Listed
Jun 6, 2026
Structure Type
Duplex
Parcel Number
1723059046
Tax & HOA
Annual Property Tax
$5,949 (2026)
Est. Monthly Tax
$496/mo
Financial Summary
Cap Rate
5.10%
Net Operating Income
$33,904
Gross Scheduled Income
$42,000
Gross Rent Multiplier
15.83
Total Expenses
$8,096
Building & Use
Building Sq Ft
1,360
Leasable Area
1,360 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
5,955 sqft
Year Built
1958
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1958
Exterior Materials
Brick
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Brick
Community & Access
Directions
GPS will get you there!
Location
City
Renton
County
King
Coordinates
47.48435, -122.20492
Additional Information
Tax Year
2026
Annual Taxes
$5,949
Possession
Array
Based on information submitted to the MLS GRID as of June 19, 2026 7:45 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.
