$1,380,000
1409 Monroe Avenue NE, Renton, 98056
Listing Courtesy of
Redfin
1409 Monroe Avenue NE, Renton, WA 98056
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!
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2272635
- StatusActive
- AreaRenton
- Foundation DetailsPoured Concrete
- CarportNo
- CityRenton
- CountyKing
- Exterior FeaturesWood
- FireplaceNo
- High School DistrictRenton
- Living Area0 Square Feet
- Lot Acres0.5
- Lot Square Feet21780
- New ConstructionNo
- Zip Code98056
- Property TypeMulti-Family
- RoofFlat
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1942
- Checked For Updates2024-11-21 00:01:24 PST
Based on information submitted to the MLS GRID as of 2024-11-21 00:01:24 PST. 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.
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