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Listed by:Berkshire Hathaway HS NW • Martin J. Ho

$1,300,000

Est. payment - /mo

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6 Beds

3 Baths

2,090 SqFt

Active

1409 Monroe AVE NE Renton, WA 98056

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,090 sqft

Price per Sqft $622

Subdivision Renton

MLS Listing ID 2430021

Style 53 - Tri-plex

Bedrooms 6

Year Built 1942

Annual Tax Amount $7,848

Lot Size 0.500 Acres

Property Sub-Type Multi Family

Property Description

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!

Location

State WA

County King

Area 350 - Renton/Highlands

Interior

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 1.0

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Renton

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Food

Beauty

Nightlife

Event Planning & Services

Automotive

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Financial Services

Professional Services

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Education

Pets

Public Services & Government

I Luv Teriyaki

4500 NE Sunset Blvd, Renton, WA 98059

Japanese Phone: 425-235-2160
Subway

960 Harrington Ave NE, Renton, WA 98056

Fast Food Phone: 425-390-4961
Subway

4020 NE 4th St, Renton, WA 98056

Sandwiches Phone: 425-228-6859
Hot Pho

1190 Sunset Blvd NE, Renton, WA 98056

Vietnamese Phone: 425-228-5001
Papa John’s Pizza

4710 NE 4th St, Renton, WA 98059

Pizza Phone: 425-793-7777
Fortune Noodle House

4004 NE 4th St, Renton, WA 98056

Cantonese Phone: 425-264-5459
Renton Tecnical College Culinaire Room

3000 NE 4th St, Renton, WA 98056

Buffets Phone: 425-235-2352
Domino’s Pizza

4020 NE 4th St, Renton, WA 98056

Sandwiches Phone: 425-235-6000
Taqueria Sanchez

1190 Sunset Blvd NE, Renton, WA 98056

Mexican Phone: 425-277-4600
Jersey Mike’s Subs

4710 NE 4th Street, Renton, WA 98059

Delis Phone: 425-264-5098
Jack In The Box

4810 NE 4th St, Renton, WA 98059

Burgers Phone: 425-793-5874
McDonalds

4411 NE Sunset, Renton, WA 98056

Burgers Phone: 425-271-6551
Gourmet Wok

1630 Duvall Ave NE, Renton, WA 98059

Chinese Phone: 425-277-2777
Katie J’s Bar & Grill

2621 NE Sunset Blvd, Renton, WA 98056

Sports Bars Phone: 425-235-6161
La Fuente

3221 NE Sunset Blvd, Renton, WA 98056

Mexican Phone: 425-228-7757
Highlands Deli

2832 NE Sunset Boulevard, Renton, WA 98056

Delis Phone: 425-430-1021
Nori Presto

4710 4th St NE, Renton, WA 98059

Japanese Phone: 425-228-1129
Taqueria El Rinconsito

4619 NE Sunset Blvd, Renton, WA 98059

Sandwiches Phone: 425-430-2606
Pizza Hut

2705 NE Sunset Blvd, Renton, WA 98056

Pizza Phone: 425-228-4800
Santa Fe Mexican Grill

1170 Sunset Blvd NE, Renton, WA 98056

Mexican Phone: 425-988-6170
Taco Time

4114 NE 4th St, Renton, WA 98059

Mexican Phone: 425-271-2449
Little Peking

3217 NE Sunset Blvd, Renton, WA 98056

Chinese Phone: 425-255-1678
KC’s Seafood Restaurant

4820 NE 4th St, Renton, WA 98059

Cantonese Phone: 425-277-0228
City Cafe

3700 NE 4th St, Renton, WA 98056

Cafes Phone: 425-264-5219
Safeway

4300 NE 4th St, Renton, WA 98059

Grocery Phone: 425-226-7666
Casa Durango

1306 Union Ave NE, Renton, WA 98059

Mexican Phone: 425-793-9501
Sushi Roll Roll Roll

1630 Duvall Ave NE, Renton, WA 98059

Japanese Phone: 425-228-0371
Kim Phuong

4500 Sunset Blvd N E, Renton, WA 98059

Vietnamese Phone: 425-282-0402
Jack In The Box

2813 NE Sunset Blvd, Renton, WA 98056

Burgers Phone: 425-228-5207

Educational Environment

High Schools (3)Elementary Schools (2)

Name

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