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

$1,251,400 Zestimate^®

$660/sqft

$-- HOA

What's special

Detached single-family homes

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!

118 days

266

5

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Baseboard, Electric

Cooling

None

Features

Has fireplace: No

Interior area

Total structure area: 2,090
Total interior livable area: 2,090 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Carport spaces: 1
Uncovered spaces: 4

Lot

Size: 0.5 Acres
Features: Corner Lot, Curbs, Sidewalk

Details

Parcel number: 0423059104
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1942

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Renton
Water: Public, Company: City of Renton

Community & HOA

Community

Subdivision: Renton

Location

Region: Renton

Financial & listing details

Price per square foot: $660/sqft
Tax assessed value: $766,000
Annual tax amount: $7,848
Date on market: 9/9/2025
Cumulative days on market: 169 days
Listing terms: Cash Out,Conventional

Estimated market value

$1,251,400

$1.19M - $1.31M

$2,798/mo

Price history

Date	Event	Price
9/10/2025	Listed for sale	$1,380,000+6.2%$660/sqft
Source: NWMLS #2430021 Report a problem
6/16/2023	Sold	$1,300,000-3.7%$622/sqft
Source: NWMLS #2022241 Report a problem
5/10/2023	Pending sale	$1,350,000$646/sqft
Source: NWMLS #NWM2022241 Report a problem
4/13/2023	Price change	$1,350,000-12.9%$646/sqft
Source: NWMLS #NWM2022241 Report a problem
1/2/2023	Listed for sale	$1,550,000+124.6%$742/sqft
Source: NWMLS #2022241 Report a problem