200 210 Rainier Boulevard N, Issaquah, WA 98027
- $918,769
- 1,500
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: COMPASS.
- Sold Price
- $918,769
- List Price
- $875,000
- Status
- SOLD
- MLS#
- 2500560
- Closing Date
- May 01, 2026
- Days on Market
- 13
- Style
- 52 - Duplex
- Finished SqFt
- 1,500
- Area Total SqFt
- 1500
- Annual Tax Ammount
- 6893
- Lot Size (sq ft)
- 6,534
- Sewer
- Sewer Connected
Property Description
Available for the first time in over three decades, this charming duplex features two spacious 2-bedroom,1-bathroom units, making it the perfect start or addition to your real estate portfolio. Nestled in the highly sought-after Old Town Issaquah, this duplex is situated in a vibrant community known for its historic charm, excellent schools, and convenient amenities. One of the units has been fully remodeled including new cabinets, quartz countertops, LVP flooring, stainless steel appliances, new lights and interior paint. The remodeled unit is rented for $2,550 while the other unit is only rented for $1,700 presenting a buyer with a great opportunity to renovate the unit and capture a market rent. Whether you're an experienced investor or a first-time landlord, this property offers an excellent opportunity to maximize your returns. Both units boast well-appointed 2 bedrooms and 1-bathroom layouts with a private patio providing comfortable living spaces for tenants while offering the potential for future improvements or customization. The owner put on a new roof with new plywood underlay in 2018 and has overall meticulously cared for the property throughout the seller's 36-year ownership period.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2026-04-18 00:00:00
- Community
- Issaquah
- Net Operating Income
- $37,224
- Gross Adjusted Income
- $499,980
- Gross Scheduled Income
- $51,000
- Total Monthly Income
- $4,250
- Insurance Expenses
- $2,033
- Water/Sewer/Garbage Expenses
- $1,830
- Gross Rent Multiplier
- 17.6
- Total Expenses
- $12,756
- Cap Rate
- 4.25
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 200 210
- Potential Terms
- Cash, Conventional
- Year Built
- 1967
- Roof
- Composition
- Other Expenses
- 2000
- Energy Source
- Electric
- School District
- Issaquah
- Total Monthly Income
- $4,250
- Gross Scheduled Income
- $51,000
- Vacancy Rate
- 2
- Gross Adjusted Income
- $499,980
- Tax Year
- 2026
- Insurance Expense
- $2,033
- W/S/G Expenses
- $1,830
- Total Expenses
- $12,756
- Net Operating Income
- $37,224
- Gross Rent Multiplier
- 17.6
- Cap Rate
- 4.25
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.