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1409 Monroe Avenue NE

Renton, WA 98056
  • $1,380,000
  • STATUS: Active
  • MLS #: 2430021
UPDATED: 58 min ago
$1,380,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,090
    SQFT
  • $660
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Berkshire Hathaway HS NW.
Mortgage Calculator is provided by BoomTown.

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!

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-12T14:15:42.21. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-12T14:15:42.21. 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.
www.communityrealestategroup.com/homes/167793147
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1409 Monroe Avenue NE Renton, WA 98056

  • Price: $1,380,000
  • Status: Active
  • On Site: Days
  • Updated: 58 min ago
  • MLS #: 2430021
0
Beds
0
Baths
0
½ Baths
0.5
Acres
2,090
SQFT
$660
$/SQFT
1942
Built
Neighborhood:
Renton
County:
King
Area:
Renton/Renton Highlands
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Renton
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!
Exterior Features

Carport Spaces 1 Carport YN No Covered Spaces 1 Exterior Features Wood Lot Features Corner LotCurbsSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 4 Roof Composition Structure Type Triplex Style Code 53 - Tri-plex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2090 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 39040 New Construction YN No Possession Closing Power Company PSE Power Production Type Electric Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Renton Special Listing Conditions None Tax Annual Amount 7848 Tax Year 2025 Units In Building Total 3 Water Company City of Renton Water Source Public



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-12T14:15:42.21. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-12T14:15:42.21. 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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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Berkshire Hathaway HS NW.
Mortgage Calculator is provided by BoomTown.