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  • Listed by: Windermere Bellevue Commons
    $1,295,000

    127 Union Avenue NE, Renton, WA 98059

    6beds
    3baths
    4,090sqft
    : 
    Triplex
    Built in 1989
    -- sqft lot
    $1,239,800 Zestimate®
    $317/sqft
    $166/mo HOA

    What's special

    Wood burning fireplaceExtra storageExterior storageAdditional visitor parkingAutomatic garage door openersFenced private patio yardTwo reserved parking spaces
    Superb Investment or house hacker special - This well located triplex has 3 townhome units that each have two spacious bedrooms and one and a half baths. Each unit features their own upper level full size laundry facilities, wood burning fireplace, its own fenced private patio yard, exterior storage and more. Large kitchens with generous living and dining spaces plus extra storage and powder rooms on the main. These units also boast two reserved parking spaces, including a dedicated garage with added storage, automatic garage door openers and additional visitor parking. Newer roof and garage doors plus fresh exterior paint, this building has been meticulously maintained, owned and cared for by the same family for over 20 years. Unique self managed small complex of five triplexes. Live in one unit and rent out the other two or rent out all of them for maximum profits. Current long-term tenants are all on month to month agreements. Currently grossly under rented with plenty of upside and room for increased revenues. Excellently located close to I-405, with quick access to I-90. The Renton Highlands is a hub of delicious food and restaurant choices, fun shops, great services and transportation options. Situated only blocks from Heritage Park and activities – this would be an excellent place to call home or make a sound investment. Love Love Love where you Invest!
    55 days
    |
    642
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2026 at 11:59am

    Listed by:

    Kari Haas,

    Windermere Bellevue Commons

    Source: NWMLS as distributed by MLS GRID,MLS#: 2470353MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Wall Unit(s), Electric, Wood
      Cooling
      • None
      Features
      • Flooring: Laminate, Vinyl, Carpet
      • Windows: Thermal Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 4,090
      • Total interior livable area: 4,090 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage
      • Garage spaces: 3
      • Uncovered spaces: 3
      Lot
      • Size: 5,784.77 Square Feet
      • Features: Cul-De-Sac, Curbs, Paved, Cable TV, Fenced-Partially, Patio
      Details
      • Parcel number: 2781500020
      • Zoning description: Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Wood Siding, Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 1989

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: City of Renton
      • Water: Public, Company: City of Renton
      Green energy
      • Energy efficient items: Thermal Windows

      Community & HOA

      Community
      • Subdivision: Maplewood Heights
      HOA
      • HOA fee: $166 monthly
      Location
      • Region: Renton

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $1,150,000
      • Annual tax amount: $11,875
      • Date on market: 1/20/2026
      • Cumulative days on market: 57 days
      • Listing terms: Conventional,State Bond
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        Estimated market value

        $1,239,800

        $1.18M - $1.30M

        $3,324/mo

        Price history

        Price history
        DateEventPrice
        1/21/2026Listed for sale$1,295,000$317/sqft
        Source: NWMLS as distributed by MLS GRID #2470353 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$11,875 +12.3%$1,150,000 +18.2%
        2023$10,570 -7.5%$973,000 -16.8%
        2022$11,422 +17.3%$1,169,000 +36.9%
        2021$9,740 +12.1%$854,000 +17.8%
        2020$8,689 0%$725,000 +0.1%
        2019$8,690 +3%$724,000 -0.5%
        2018$8,435 +1.7%$728,000 +17.6%
        2017$8,292 +24.5%$619,000 +4.4%
        2016$6,658 $593,000 +8%
        2015$6,658 $549,000 +4.4%
        2014$6,658 $526,000 +18.5%
        2013$6,658 $444,000 +11.6%
        2012-- $398,000 -7.2%
        2011-- $429,000 -8.5%
        2010-- $469,000
        2009-- $469,000 +5.9%
        2007-- $443,000 +18.4%
        2006-- $374,000 +5.1%
        2005-- $356,000 +19.5%
        2001$3,574 -0.8%$298,000 +7.2%
        2000$3,602 $278,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $7,336/mo
        Principal & interest
        $6285
        Property taxes
        $885
        HOA Fees
        $166
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          Climate risks

          Neighborhood: Leisure Estates

          Getting around

          59 / 100
          Somewhat Walkable
          30 / 100
          Some Transit
          39 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Honeydew Elem
          • Middle: Mcknight Mid
          • High: Hazen Snr High

          Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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