MLS #2430021 / Listing provided by NWMLS & Berkshire Hathaway HS NW.
$1,380,000
1409 Monroe Avenue NE
Renton,
WA
98056
Sq Ft
Per Sq Ft
Year Built
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!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 6
- Uncovered Parking Spaces: 4
- Open Parking Spaces: 4
Structure
- Roof: Composition
- Exterior Features: Wood
Lot Details
- Lot Features: Corner Lot, Curbs, Sidewalk
- Acres: 0.5
Schools
- High School District: Renton
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Corner Lot, Curbs, Sidewalk
- Acres: 0.5
Power
- Energy Source: Electric
- Power Company: PSE
Water, Sewer, and Garbage
- Sewer Company: City of Renton
- Sewer: Sewer Connected
- Water Company: City of Renton
- Water Source: Public
- Water, Sewer, and Garbage: 0
Christi Young
Broker | REALTOR®
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