1177 Harrington Avenue NE, Renton, WA 98056
- $4,675,000
- 20,145
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.
- Sold Price
- $4,675,000
- List Price
- $4,925,000
- Status
- SOLD
- MLS#
- 2411654
- Closing Date
- Dec 12, 2025
- Days on Market
- 48
- Style
- 56 - 10+ Units
- Finished SqFt
- 20,145
- Area Total SqFt
- 20145
- Annual Tax Ammount
- 49594
- Lot Size (sq ft)
- 27,805
- Sewer
- STEP Sewer
Property Description
The Tiffany Apartments is a 22- unit multifamily asset located in the desirable Highland Park neighborhood of Renton, Washington. Just minutes from The Landing, Lake Washington, and major employment and retail hubs, Tiffany Apartments offers investors an attractive opportunity to acquire a well-located, updated asset with immediate rental upside potential. Originally constructed in 1979, Tiffany Apartments has undergone consistent renovations over the past eight years. The property features spacious units, with a majority over 900 square feet, each offering full kitchens, in-unit washers and dryers, and updated finishes.
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Additional Information
- List Date
- 2025-10-25 00:00:00
- Community
- Renton
- Net Operating Income
- $291,723
- Gross Adjusted Income
- $452,868
- Gross Scheduled Income
- $476,704
- Total Monthly Income
- $39,725
- Insurance Expenses
- $13,050
- Water/Sewer/Garbage Expenses
- $33,470
- Gross Rent Multiplier
- 10.33
- Total Expenses
- $161,146
- Cap Rate
- 5.93
- Vacancy Rate
- 5
- Unit Name
- 1177
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- Roof
- Flat
- Other Expenses
- 65032
- Energy Source
- Electric
- School District
- Renton
- Total Monthly Income
- $39,725
- Gross Scheduled Income
- $476,704
- Vacancy Rate
- 5
- Gross Adjusted Income
- $452,868
- Tax Year
- 2025
- Insurance Expense
- $13,050
- W/S/G Expenses
- $33,470
- Total Expenses
- $161,146
- Net Operating Income
- $291,723
- Gross Rent Multiplier
- 10.33
- Cap Rate
- 5.93
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.