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!
Active
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW
$1,380,000
1409 Monroe Avenue NE, Renton, WA 98056
6beds
3baths
2,090sqft
Est.:
Triplex
Built in 1942
-- sqft lot
$1,302,200 Zestimate®
$660/sqft
$-- HOA
What's special
Detached single-family homes
- 33 days |
- 258 |
- 8 |
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