328 Burnett Avenue N, Renton, WA 98057

$725,000
2,120
SqFt

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Listing courtesy of Berkshire Hathaway HS NW.

List Price
$725,000
Status
ACTIVE
MLS#
2501363
Price Change
▼ $24,000 1784669442
Days on Market
61
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,120
Area Total SqFt
2120
Annual Tax Ammount
7045
Internet Provider
Xfinity
Lot Size (sq ft)
4,815
Sewer
Sewer Connected

Property Description

Prime duplex investment in the heart of Renton! Strong rental potential & upside in rents. Unit 1 is 2bed/1bath/900SF & Unit 2 is 2bed+den/1bath/1000SF with $3470/mo income. Well maintained w/ shared laundry, 2 space carport parking with 2 extra off-street spaces & individual storage units. Located near Top Golf, The Landing with shopping and dining. WINCO market in the near future and spend weekends walking the Cedar River Trail. Next to Boeing HQ & close to major FWYS, this property attracts steady demand & LT growth. A rare chance to secure cash flow in a desirable location-ideal turnkey property for both seasoned investors. First-Time Buyers can live in one unit while collecting rent to help offset your mortgage. Ask about the $8000 First-Time Homebuyer Grant for owner occupied property & this home won't last long.

Additional Information

List Date
2026-05-26 16:28:11
Community
Downtown
Net Operating Income
$29,090
Gross Adjusted Income
$40,391
Gross Scheduled Income
$41,640
Total Monthly Income
$3,470
Insurance Expenses
$1,775
Water/Sewer/Garbage Expenses
$2,481
Total Expenses
$11,301
Cap Rate
4
Vacancy Rate
3
Total Number of Units
2
Unit Name
328
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1978
View
Territorial
Roof
Composition
Site Features
Cable TV, Electric Car Charging, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
Renton
Total Monthly Income
$3,470
Gross Scheduled Income
$41,640
Vacancy Rate
3
Gross Adjusted Income
$40,391
Tax Year
2025
Insurance Expense
$1,775
W/S/G Expenses
$2,481
Total Expenses
$11,301
Net Operating Income
$29,090
Cap Rate
4
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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