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200 Rainier Blvd N
Issaquah, WA 98027 Olde Town

$875,000 USD

Multifamily For Sale • 1,500 SF

Property Details

Property Type Multifamily
Total Building Size 1,500 SF
Lot Size 0.15 AC
Year Built 1967
Cap Rate 4.25 %
Zoning CBD

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Opportunity to raise rent $850/month on unit 210 by renovating as proven on unit 200
                            
                                Property has ample off-street parking and each unit has a private patio
                            
                                Double pane vinyl windows
                            
                                Single story, low maintenance property
                            
                                New roof in 2018 – Full tear off with new plywood underlay and composition roof
                            
                                Just steps away from the historic downtown area, residents can explore the charming streets lined with unique shops, restaurants, and cultural attract

Property Flyers

Issaquah Duplex - BDPMJUBPDRJD

Financial Summary (Actual)

Net Operating Income: $37,224 USD (2025)

Cap Rate:	4.25 %
Total Expenses:	$12,756 USD

Amenities

Double Pane Windows
Patio

Public Transportation

Airport	Drive	Walk	Distance
Seattle-Tacoma International	34 min	-	22.2 mi
Seattle Paine Field International	47 min	-	33.3 mi

Michael Urquhart 206-812-9123 Paragon Real Estate Advisors

200 Rainier Blvd N Issaquah, WA 98027 Olde Town