Listed by WeLakeside, Bought with Real Broker LLC
$670,000
SOLD JUN 10, 2025
-- Bed
-- Bath
1,440 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Wood Siding
  • Hazen Senior High School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of June 2025

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!

Last Agent to Sell the Property

Kevin Nguyen

WeLakeside License #20119165 Listed on: 04/28/2025

WeLakeside

Last Buyer's Agent

Yuliya Ovsepyan

Real Broker LLC License #138250

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2366280

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1943

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Flooring

  • Engineered Wood
  • Carpet

Additional Features

  • 6,750 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Renton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227800225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1943
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • Special Features: None
  • Cumulative Days on Market: 50

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Engineered Hardwood, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: PSE
  • WaterCompany: PSE
  • WaterSewerGarbage: 1680

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 7227800225
  • Lot Size Acres: 0.155
  • Lot Size Sq Ft: 6750
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Net Operating Income: 34400
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1440
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jun 10, 2025
Sold by
Wing Lun Law Revocable Trust and Wong Kwok Yin
Bought by
Ovsepyan Yuliya
Seller's Agent
Kevin Nguyen
WeLakeside
Buyer's Agent
Yuliya Ovsepyan
Real Broker LLC
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Original Mortgage
$620,000
Outstanding Balance
$620,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$64,953

Purchase Details

Closed on
Mar 25, 2016
Sold by
Law Wing Lun
Bought by
Wing Lun Law Revocable Trust

Purchase Details

Listed on
Oct 18, 2013
Closed on
Mar 21, 2014
Sold by
Fannie Mae
Bought by
Law Win Lun
List Price
$253,000
Sold Price
$180,000
Premium/Discount to List
-$73,000
-28.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
May 9, 2011
Sold by
Barker John and Barker Kerry A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 27, 2006
Sold by
Sohal Arvinder S
Bought by
Barker John and Barker Kerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Walker William Landrum and Walker Joyce M
Bought by
Sohal Arvinder S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $670,000 First American Title Insurance
Interfamily Deed Transfer -- None Available
Warranty Deed $180,000 Servicelink
Trustee Deed $256,725 None Available
Warranty Deed $259,000 Commonwealth L
Warranty Deed $210,000 Ticor National
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $245,500 New Conventional
Previous Owner $233,000 New Conventional
Previous Owner $168,000 Purchase Money Mortgage
Closed $21,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $670,000 -0.7% $465 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $675,000 +275.0% $469 / Sq Ft
03/26/2014 03/26/14 Sold $180,000 -28.9% $125 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $253,000 -- $176 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,697 $555,000 $449,000 $106,000
2023 $5,509 $495,000 $394,000 $101,000
2022 $4,944 $572,000 $455,000 $117,000
2021 $4,377 $442,000 $219,000 $223,000
2020 $3,949 $373,000 $188,000 $185,000
2018 $3,741 $324,000 $184,000 $140,000
2017 $3,338 $283,000 $168,000 $115,000
2016 $2,511 $248,000 $148,000 $100,000
2015 $2,186 $189,000 $146,000 $43,000
2014 -- $172,000 $137,000 $35,000
2013 -- $148,000 $113,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2366280

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0225