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Listing courtesy of NWMLS / Redfin

1409 Monroe Avenue NE

Renton, WA 98056

– beds
– baths
2,090 sqft
~1/2 acre lot
$660 per sqft
1942 build

This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $45,600 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!

Listing courtesy of NWMLS / Redfin

Last checked: Checking… • Last updated Dec 17, 2024 •

MLS# 2272635 —

The Building

Year Built:

1942
New Construction:

false
Structure Type:

Triplex
Exterior Features:

Wood
Roof:

Flat
Units In Building Total:

3
Foundation Details:

Poured Concrete
# of Units Total:

3
Stories Total:

1
Building Area Total:

2090
Building Area Units:

Square Feet
Calculated SqFt:

2090
SqFt Source:

Realist- Buyer to Verify

Interior

Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.50505
Longitude:

-122.174937
Directions:

From Sunset Blvd NE, south on Monroe Ave NE. On Right.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Parcel Number:

0423059104
Lot Size Units:

Square Feet
Lot Size Acres:

0.5
Lot Size SqFt:

21780
Lot Size Source:

Realist- Buyer to Verify
View:

false
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Heat Pump
Heating:

Baseboard

Utilities

Water Company:

City Of Renton
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Renton
Power Company:

Pse

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Buyer To Verify
High School:

Buyer To Verify
High School District:

Renton

The Community

Subdivision Name:

Renton
Senior Community:

false
Association:

false

Parking

Parking Total:

2
Parking Uncovered Spaces:

1
Open Parking:

true
Open Parking Spaces:

1
Carport:

false
Covered Spaces:

3

Listing courtesy of NWMLS / Redfin

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat Dec 21 2024 10:56 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/19/24 Nov 19, 2024	Price Changed	NWMLS	$1,380,000	-1.4%
8/5/24 Aug 5, 2024	Listed / Active	NWMLS	$1,400,000	7.7% (6.7% / YR)
6/16/23 Jun 16, 2023		NWMLS	$1,300,000	-3.7%

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This multifamily located in Highlands, Renton, WA 98056 is currently for sale for $1,380,000. 1409 Monroe Avenue NE is a 2,090 square foot multifamily with – beds and – baths. 1409 Monroe Avenue NE is in the Highlands neighborhood of Renton and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Renton High School, Risdon Middle School, Honey Dew Elementary School, and Meadow Crest Early Childhood Education Center.

Listing courtesy of NWMLS / Redfin

Disclaimer: The information contained in this listing has not been verified by Redfin and should be verified by the buyer.