Opportunity is knocking! Here is your chance to own a cash-flowing duplex, live on one side and rent out the other or add this gem to your investment portfolio. Long term, on time tenants on month to month currently. Each side has 3 large bedrooms with 1 bath. Large lot with divided backyards and alley access, perfect to build new out buildings or possible garages. Quiet neighborhood on dead end street. Located close to schools, bus lines, shopping, and dining. Cap rate of 5.2%! Perfect lot for possibly subdividing to build new units, ADUS, garages and more!
Sold
Listed by: Redfin • Macartney McQuery
Bought with: Anchor Agency
$730,000
1408 Index Avenue NE, Renton, WA 98056
--beds
--baths
1,750sqft
Duplex, Multi Family
Built in 1943
-- sqft lot
$730,100 Zestimate®
$417/sqft
$2,139 Estimated rent
Home value
$730,100
$679,000 - $781,000
$2,139/mo
Zestimate® history
Owner options
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$2,139/mo
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$2,139/mo
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$4,428/mo
Est. payment
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$4,428/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Macartney McQuery,
Redfin
Bought with:
Bayley Le, 27553
Anchor Agency
Source: NWMLS as distributed by MLS GRID,MLS#: 2198688
Facts & features
Interior
Heating
- Forced Air, Electric
Cooling
- None
Features
- Flooring: Engineered Hardwood, Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Parking
- Uncovered spaces: 2
Features
- Patio & porch: Wall to Wall Carpet, Laminate
Lot
- Size: 0.35 Acres
- Features: Dead End Street, Paved, Deck, Fenced-Partially, Gas Available, RV Parking
Details
- Parcel number: 7227801730
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1943
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Renton
- Water: Public, Company: City of Renton
Community & HOA
Community
- Subdivision: Kennydale
Location
- Region: Renton
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $634,000
- Annual tax amount: $508
- Date on market: 4/9/2024
- Cumulative days on market: 834 days
- Listing terms: Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2025 | Listing removed | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2025 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2024 | Sold | $730,000-5.8%$417/sqft |
Source:  NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 3/7/2024 | Pending sale | $775,000$443/sqft |
Source: NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 3/4/2024 | Listed for sale | $775,000$443/sqft |
Source: NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 2/29/2024 | Pending sale | $775,000$443/sqft |
Source: NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 2/26/2024 | Listed for sale | $775,000$443/sqft |
Source: NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 2/11/2024 | Pending sale | $775,000$443/sqft |
Source: NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 2/9/2024 | Listed for sale | $775,000+573.9%$443/sqft |
Source: NWMLS as distributed by MLS GRID #2198688 Report a problem | ||
| 2/28/1997 | Sold | $115,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,852 +8.6% | $634,000 +3.1% |
| 2024 | $6,310 +6.9% | $615,000 +12.2% |
| 2023 | $5,903 -3.3% | $548,000 -13.6% |
| 2022 | $6,102 +15.7% | $634,000 +34.6% |
| 2021 | $5,276 +12.8% | $471,000 +18.3% |
| 2020 | $4,677 +10.6% | $398,000 +11.5% |
| 2019 | $4,227 +4.5% | $357,000 +0.8% |
| 2018 | $4,046 -1% | $354,000 +14.6% |
| 2017 | $4,086 +65% | $309,000 +14% |
| 2016 | $2,476 | $271,000 +26% |
| 2015 | $2,476 | $215,000 +10.3% |
| 2014 | $2,476 | $195,000 +16.1% |
| 2013 | $2,476 | $168,000 -8.7% |
| 2012 | -- | $184,000 -1.1% |
| 2011 | -- | $186,000 -11% |
| 2010 | -- | $209,000 |
| 2009 | -- | $209,000 +3% |
| 2007 | -- | $203,000 +15.3% |
| 2006 | -- | $176,000 -4.3% |
| 2005 | -- | $184,000 +33.3% |
| 2001 | $1,658 -4% | $138,000 +3.8% |
| 2000 | $1,726 | $133,000 |
Find assessor info on the county website
Neighborhood: Sunset
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Nearby schools
GreatSchools rating
- 5/10Sierra Heights Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10McKnight Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Hazen Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$730,100
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Estimated market value
$730,100
- Washington
- King County
- Renton
- 98056
- Sunset
- 1408 Index Avenue NE
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