Sold
Last Sold Price
2,620 sqft$323/sqft
547 Index Pl NE, Renton, WA 98056
Multi FamilyProperty Type
8,611 sq ftLot Size
1960Year Built
$323/sq ftPrice per sq ft
6 carsParking Spaces

Description

Prime for cosmetic repositioning, all tenants on MTM leases with zero delinquency. Listing team has factored in a $10k/unit
rehab budget to renovate units and achieve market rents. The Index Place Fourplex is well-positioned in an amenity rich pocket of Renton with quick access to I-405, allowing ease of travel to Bellevue and Seattle while providing a residential feel with affordable rents in the area. It is a single story building with 6 surface parking stalls. Unit mix consists of one studio, one
...Prime for cosmetic repositioning, all tenants on MTM leases with zero delinquency. Listing team has factored in a $10k/unit
rehab budget to renovate units and achieve market rents. The Index Place Fourplex is well-positioned in an amenity rich pocket of Renton with quick access to I-405, allowing ease of travel to Bellevue and Seattle while providing a residential feel with affordable rents in the area. It is a single story building with 6 surface parking stalls. Unit mix consists of one studio, one 1-bed, one 2-bed, and one 3-bed. The property sits on 0.2 acres with 2,620 NRSF.
  • Listed by: Casey Zejdlik 206.566.6600 casey@cpxone.com • Pilot Ventures LLC
  • Listed by: Matt Johnston 206.566.6600 mjohnston@northmarq.com • Pilot Ventures LLC
Listing closed: 09/15/2021 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1840777

Location

Listing Courtesy of Pilot Ventures LLC

Sold By COMPASS

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Property Information for 547 Index Place Northeast

Property Details
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Highlands
  • Number of Assigned Spaces: 6
  • Total Covered Parking: 0
  • Entry Date: 09-15-2021
  • Sewer: Sewer Connected
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 1960
  • Lot Size: 0.20 AC / 8,611 SF
Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 350 - Renton/Highlands
  • Effective Year Built Source: Public Records
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Fireplace: No
Exterior Features
  • Exterior: Brick, Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Utilities: Sewer Connected
Property and Assessments
  • New Construction YN: No
  • Senior Community: No
  • Year Built Effective: 1984
  • Photos Count: 3
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 7227800620
  • Calculated Square Footage: 2620
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2620.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: true
  • Units In Building Total: 4
Financing / Income and Expenses
  • Gross Adjusted Income: 62274
  • Gross Scheduled Income: $64,200
  • Net Operating Income: $45,162
  • Total Monthly Income: 5350
Rental
Rent Information
  • Leasable Area: 2620.0
  • Leasable Area Units: Square Feet

Property History for 547 Index Place Northeast

DateEvent & SourcePriceAppreciation
Sep 15, 2021

Sold

NWMLS #1840777

$845,000
Sep 15, 2021

Listed (Active)

NWMLS #1840777

$845,000
Sep 14, 2021

Sold

NWMLS #1840777

$845,000
DateEvent & SourcePrice
09/15/2021

Sold

NWMLS #1840777

$845,000
09/15/2021

Listed (Active)

NWMLS #1840777

$845,000
09/14/2021

Sold

NWMLS #1840777

$845,000

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

Public Records for 547 Index Place Northeast

Taxable ValueLand$172,000Additions$603,000Total$775,000
Tax Record2026$8,372 ($698 / month)
Home Facts
Baths2.5Total Finished SqFt2,620 SqFtAbove Ground SqFt2,620 SqFtStories1Lot Size8,611 SqFtStyleQuadraplexYear Built1960Year Renovated1984ZoningR-10CountyKINGAPN722780-0620

Schools near 547 Index Place 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 - 9 to 12
Rating
School
Distance
Highlands Elementary School
PublicK to 5

McKnight Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Sartori Education Center
Public9 to 12

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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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 Pilot Ventures LLC

Based on information submitted to the MLS GRID as of 09/05/2024 05:43 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.