1003 N 1st Street, Renton, WA 98057

Renton
Local realty services provided by:Imagine Realty ERA Powered
Listed by: tanner fogle, rowan davis
Office: paragon real estate advisors
MLS#:2526901
Source:NWMLS
1003 N 1st Street,Renton, WA 98057
$1,450,000
  • - Beds
  • - Baths
  • 6,735 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$215.29

About this home

This is a rare opportunity to acquire The Riverside Apartments, a classic building located at 1003 N 1st Street, just blocks from downtown Renton. This 13-Unit property offers investors the opportunity to own a character-rich multifamily property in a tightly held Renton location. The Riverside Apartments feature a mix of studio and one-bedroom units. Current in-place rents average $1,229 for studios and $1,284 for one-bedroom units, while comparable properties in Renton are achieving $1,350-$1,450 for studios and $1,400-$1,550 for one-bedrooms. This gap presents a clear opportunity for a new owner to capture meaningful rental upside through light interior renovations and operational improvements at an attractive price per unit. Ideally located just minutes from downtown Renton, The Landing, and Boeing’s Renton facility, with immediate access to I-405, Highway 167, and the Cedar River Trail, the Riverside Apartments are strategically positioned in a high-demand rental corridor. The...

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Home facts

  • Year built:1929
  • Listing ID #:2526901
  • Updated:July 06, 2026 at 10:43 AM

Rooms and interior

  • Flooring:Carpet
  • Living area:6,735 sq. ft.

Structure and exterior

  • Roof:Flat Roof
  • Year built:1929
  • Building area:6,735 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Brick Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$215.29
  • Tax amount:$29,135 (2025)
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