1324 Jefferson Avenue NE
Renton, WA 98056
- – beds
- – baths
- 2,756 sqft
- 7,256 sqft lot
- $399 per sqft
- 1990 build
Rare opportunity to own a fully-occupied fourplex in the desirable Renton Highlands. This well-maintained property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all on year-to-year leases. rents currently below market value, there is substantial potential for increased revenue & the possibility of achieving a rental cap rate of 6%. The property features shared laundry facilities, extra storage & parking. It is conveniently located within walking distance to the parks, library, supermarkets & restaurants. Easy access to the freeway, Renton Landing, major business hubs like Seattle & Bellevue makes this location highly sought after. Don’t miss this chance to capitalize on below-market rents in a prime location!
Last checked:
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Last updated Nov 13, 2024
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MLS# 2294425 —
The Building
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Year Built:1963
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Year Built:1990
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Exterior Features:Wood Products
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Roof:Torch Down
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Units In Building Total:4
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Foundation Details:Poured Concrete
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Security Features:FullyFenced
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# of Units Total:4
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Stories Total:2
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Building Area Total:2756
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Building Area Units:Square Feet
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Calculated SqFt:2756
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SqFt Source:KCR
Interior
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Interior Features:Wall to Wall Carpet
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Flooring:Vinyl, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.504314
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Longitude:-122.179388
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Directions:From I-405 S, take exit 5 and head east on Sunset Blvd. Turn left onto 12th St, then go two blocks and turn right onto Jefferson Ave NE. The property will be on your right
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Average
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Parcel Number:7227801526
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Lot Features:Corner Lot, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.1666
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Lot Size SqFt:7256
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Lot Size Source:KCR
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (425) 462-8000
- Office phone:
- (425) 462-8000
Taxes
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Tax Year:2024
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Tax Annual Amount:8992.82
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Wall Unit(s)
Utilities
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Water Company:City Of Renton
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Renton
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Power Company:Pse
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Water Sewer Garbage:5279.34
Schools
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High School District:Renton
The Community
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Subdivision Name:Highlands
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Senior Community:false
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Association:false
Parking
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Parking Total:3
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Parking Uncovered Spaces:3
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Open Parking:true
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Open Parking Spaces:3
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Carport:false
Listing courtesy of NWMLS / Windermere Bellevue Commons
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/25/24
Sep 25, 2024
|
Listed / Active | NWMLS | $1,100,000 | 150.6% (15.8% / YR) |
|
3/16/15
Mar 16, 2015
|
NWMLS | $439,000 | 13.7% (2.8% / YR) | |
|
3/22/10
Mar 22, 2010
|
NWMLS | $386,000 | 48.5% (5.1% / YR) |
