Great Opportunity, Downtown Renton Triplex with one 3 bedroom /1.75 bath unit and two 1 bedroom /1 bath units. Long time owner has kept the rents extremely low, tons of potential to increase rents and create additional cash flow. Spacious light filled units, The 5 car garages are always in high demand and are currently rented for about 180.00 each per month. Large 8240 square foot lot gives any owner a lot of future development potential. Corner Lot and alley access, Conveniently located close to Boeing, the Landing Shopping center, and freeways, and busses.
Sold
Listed by:
Thach N. Nguyen,
John L. Scott, Inc
Bought with: Ensemble
$740,000
123 Factory Avenue N, Renton, WA 98057
--beds
--baths
3,270sqft
Triplex
Built in 1911
-- sqft lot
$841,200 Zestimate®
$226/sqft
$2,375 Estimated rent
Home value
$841,200
$757,000 - $934,000
$2,375/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2024 at 05:47am
Listed by:
Thach N. Nguyen,
John L. Scott, Inc
Bought with:
Chris Conroy, 20113016
Ensemble
Source: NWMLS,MLS#: 2139398
Facts & features
Interior
Heating
- Baseboard
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 3,270
- Total interior livable area: 3,270 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Covered spaces: 5
- Uncovered spaces: 3
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,241 sqft
- Features: Corner Lot, Curbs, Paved, Sidewalk, Fenced-Partially
Details
- Parcel number: 1352300840
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Renton
- Subdivision: Downtown
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 621 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2023 | Sold | $740,000-7.5%$226/sqft |
Source:  NWMLS #2139398 Report a problem | ||
| 8/8/2023 | Pending sale | $800,000$245/sqft |
Source: NWMLS #2139398 Report a problem | ||
| 7/20/2023 | Listed for sale | $800,000+362.4%$245/sqft |
Source: NWMLS #2139398 Report a problem | ||
| 10/4/2019 | Listing removed | $1,950$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/23/2019 | Listed for rent | $1,950+62.5%$1/sqft |
Source: longley property mgmt Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,576 -4.7% | $725,000 -0.3% |
| 2023 | $7,946 +1.8% | $727,000 -7.3% |
| 2022 | $7,803 +5% | $784,000 +21.7% |
Find assessor info on the county website
Neighborhood: North Renton
Nearby schools
GreatSchools rating
- 3/10Highlands Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Dimmitt Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Renton Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Highlands Elem
- Middle: Dimmitt Mid
- High: Renton Snr High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$841,200
2% more+ $16,824
With Zillow Showcase(estimated)
$858,024