475 Houser Way S Unit #A & B, Renton, WA 98057

$524,000
1,220
SqFt

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Listing courtesy of Keller Williams North Seattle.

List Price
$524,000
Status
PENDING
MLS#
2555465
Days on Market
11
Style
52 - Duplex
Finished SqFt
1,220
Area Total SqFt
1220
Annual Tax Ammount
5403.63
Lot Size (sq ft)
2,571
Sewer
Sewer Connected
Offer Review Date
2026-07-23

Property Description

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!

Additional Information

List Date
2026-07-28 20:57:13
Community
Downtown Renton
Net Operating Income
$25,285
Gross Adjusted Income
$35,340
Gross Scheduled Income
$37,200
Total Monthly Income
$3,230
Insurance Expenses
$729
Water/Sewer/Garbage Expenses
$3,792
Gross Rent Multiplier
14.09
Total Expenses
$10,054
Cap Rate
4.83
Vacancy Rate
5
Total Number of Units
2
Unit Name
475
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1981
Roof
Composition
Site Features
Deck, Fenced-Partially
Other Expenses
130
Energy Source
Electric
School District
Renton
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,230
Gross Scheduled Income
$37,200
Vacancy Rate
5
Gross Adjusted Income
$35,340
Tax Year
2026
Insurance Expense
$729
W/S/G Expenses
$3,792
Total Expenses
$10,054
Net Operating Income
$25,285
Gross Rent Multiplier
14.09
Cap Rate
4.83
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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