NWMLS

Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com.

Listings with the three tree icon are courtesy of NWMLS.

1409 Monroe Avenue

Renton, WA 98056

LISTING #2592596
$1,250,000
STATUS Active
YEAR BUILT 1942
PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $50,400 annually with potential to reach $73,560. Investors can boost rental income to market rates or leverage permits for redevelopment into 35 apartments and 5,000 square feet of commercial space. Explore options like townhouse condos or commercial-only setups. Situated in a thriving urban village near Renton Highlands, with nearby projects adding 700 multifamily units, 100 townhouses, and 40,000 square feet of retail space. Ideal for visionary investors seeking growth and opportunity, just minutes from shopping and dining!

PROPERTY DETAILS

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Location Information
County King
Community Renton / Newcastle
Latitude 47.505048
Longitude -122.174939
Directions GPS is accurate
Subdivision Name Renton
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Baseboard
Cooling Heat Pump
Exterior Features
Style Tri-plex
Is New Construction Yes
Exterior Wood
Roof Composition
Water Source Public
Septic or Sewer Sewer Connected
Covered Spaces 3
Water City of Renton
Electric PSE
Power Production Type Electric
Parking Spaces 13
Lot Features Corner Lot, Curbs, Sidewalk
Lot Size in Acres 0.5
Lot Size in Sq. Ft. 21,780
Building Total Area 2090 Square Feet
Has Waterfront No
Has View No
School
High School District Renton
High School Buyer To Verify
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
Additional Information
Possession Closing
Property Type Residential Income
Property Subtype Multi Family
Structure Type Triplex
Year Built 1942
Status Active
Tax Year 2025
Tax Amount $7,848
Lot Acres Source County Records
NWMLS

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INTERESTED IN

1409 Monroe Avenue, Renton, WA 98056

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