Sold
Last Sold Price
1,750 sqft$417/sqft
1408 Index Ave NE, Renton, WA 98056
Multi FamilyProperty Type
0.35 acresLot Size
1943Year Built
$417/sq ftPrice per sq ft
4 carsParking Spaces

Description

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...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!
  • Listed by: Macartney McQuery 253.201.3130 Macartney.mcquery@redfin.com • Redfin
Listing closed: 04/15/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2198688

Recent comparable sales

Median sold price

$670,000

Avg days on market

44

Sale-to-list ratio

94.5%

Renton, WA

9 comparable properties found

$670,000 | 1428 Kirkland Avenue Northeast, Renton, WA 98056
1/8
1

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Sold 06/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
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Square Feet
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Square Feet
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Acres
$1,284,000 | 121 Union Avenue Northeast, Renton, WA 98059
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Sold 11/28/25

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Sold 12/15/25

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$580,000 | 0 Monterey Place Northeast, Renton, WA 98056
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Sold 03/31/26

Unavailable
Bedrooms
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Bathrooms
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Sold 06/06/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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a front view of a house with yard
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9

$599,950

Sold 06/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.14
Acres

Location

Listing Courtesy of Redfin

Sold By Anchor Agency

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Property Information for 1408 Index Avenue Northeast

Property Details
  • Taxes: $509 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Kennydale
  • School District: Renton
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 0
  • Entry Date: 02-09-2024
  • Energy Source: Electric
  • Sewer: Sewer Connected
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1943
  • Lot Size: 0.35 AC / 15,255 SF
Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Fenced-Partially, Gas Available, RV Parking
  • Area: 350 - Renton/Highlands
  • Block: Renton Highlands 02 Corr
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From WA-900/Sunset Blvd NE, sharp left on Edmonds Ave NE, right on NE 12th St, left on Harrington Ave NE, right on NE 13th St which turns slightly left and becomes Index Ave NE. Home on the right.
  • Leased Items: Water Tank
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Engineered Hardwood, Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 150
  • Power Company: PSE
  • Sewer Company: City of Renton
  • Water Company: City of Renton
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Post & Pillar
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist - Buyer to Verify
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 21
Lot Information
  • Lot Details: Alley, Dead End Street, Paved
  • Lot Number: 32
  • Lot Size Source: Realist - Buyer to Verify
  • Parcel Number Free Text: 7227801730
  • Calculated Square Footage: 1750
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1750.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $150
  • Total Expenses: 1051.66
  • Gross Adjusted Income: 1491
  • Gross Rent Multiplier: 18.45
  • Gross Scheduled Income: $42,000
  • Insurance Expense: $80
  • Net Operating Income: $40,440
  • Other Expenses: $13
  • Total Monthly Income: 3500
  • Fuel Expense: $150
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1750.0
  • Leasable Area Units: Square Feet

Property History for 1408 Index Avenue Northeast

DateEvent & SourcePriceAppreciation
Apr 15, 2024

Sold

NWMLS #2198688

$730,000
Apr 10, 2024

Sold (Public Record)

Public Record #1559168610

$730,000
Apr 10, 2024

Sold (Public Record)

Public Record #1558891957

$730,000
DateEvent & SourcePrice
04/15/2024

Sold

NWMLS #2198688

$730,000
04/10/2024

Sold (Public Record)

Public Record #1559168610

$730,000
04/10/2024

Sold (Public Record)

Public Record #1558891957

$730,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1408 Index Avenue Northeast

Taxable ValueLand$613,000Additions$21,000Total$634,000
Tax Record2026$6,852 ($571 / month)
Home Facts
Baths2Total Finished SqFt1,750 SqFtAbove Ground SqFt1,750 SqFtStories1Lot Size15,255 SqFtStyleDuplexYear Built1943Year Renovated1943ZoningR-14CountyKINGAPN722780-1730

Schools near 1408 Index Avenue Northeast

This home is within Renton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Sierra Heights Elementary School
PublicK to 5

McKnight Middle School
Public6 to 8

Hazen Senior High School
Public9 to 12

Hilltop Heritage Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1408 Index Avenue Northeast, Renton, WA 98056
$730,000
1,750
15,255
$1,023,800
3,024
9,855
2.5
2,250
13,230
3
1
1,180
10,472
$283,000
2
1,670
9,758
$283,000
1,670
9,758

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin

Based on information submitted to the MLS GRID as of 09/05/2024 05:48 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.