1428 Kirkland Avenue NE, Renton, WA 98056

$670,000
1,440
SqFt

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Listing courtesy of Skyline Properties, Inc.. Selling Office: Real Broker LLC.

Sold Price
$670,000
List Price
$675,000
Status
SOLD
MLS#
2366280
Closing Date
Jun 10, 2025
Days on Market
16
Style
52 - Duplex
Finished SqFt
1,440
Area Total SqFt
1440
Annual Tax Ammount
5200
Lot Size (sq ft)
6,750
Sewer
Sewer Connected

Property Description

Prime Investment Opportunity in Renton! Discover the potential of this exceptional duplex zoned RM-F, this lot offers incredible flexibility for future redevelopment—ideal for investors or developers looking to maximize value. Each unit boasts a 2 bedroom 1 bathroom 720 sqft of well-laid-out living space, providing comfortable accommodations with consistent rental appeal. Recent updates include a brand-new 30-year composition roof and fresh exterior paint, ensuring peace of mind and great curb appeal. Both tenants have been there long-term and are amazing! Don't miss this chance to own a solid income-producing property with strong upside in a rapidly growing area of Highland Renton!

Additional Information

List Date
2025-05-25 00:00:00
Community
Renton
Net Operating Income
$34,400
Gross Adjusted Income
$40,800
Total Monthly Income
$3,400
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,680
Total Expenses
$8,080
Cap Rate
4.8
Total Number of Units
2
Unit Name
1428
Potential Terms
Cash Out, Conventional
Year Built
1943
Roof
Composition
Energy Source
Electric
School District
Renton
Total Monthly Income
$3,400
Gross Adjusted Income
$40,800
Tax Year
2024
Insurance Expense
$1,200
W/S/G Expenses
$1,680
Total Expenses
$8,080
Net Operating Income
$34,400
Cap Rate
4.8
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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