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: Berkshire Hathaway HS NW
$1,380,000
1409 Monroe Avenue NE, Renton, WA 98056
6beds
3baths
2,090sqft
Est.:
Multi Family
Built in 1942
-- sqft lot
$1,298,000 Zestimate®
$660/sqft
$-- HOA
What's special
Detached single-family homes
- 224 days |
- 141 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2430021
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
- Architectural style: Tri-plex
- Property subtype: Multi Family
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: 226 days
- Listing terms: Conventional
Estimated market value
$1,298,000
$1.23M - $1.36M
$2,419/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Listed for sale | $1,380,000+6.2%$660/sqft |
Source:  NWMLS as distributed by MLS GRID #2430021 Report a problem | ||
| 6/16/2023 | Sold | $1,300,000-3.7%$622/sqft |
Source: NWMLS as distributed by MLS GRID #2022241 Report a problem | ||
| 5/10/2023 | Pending sale | $1,350,000$646/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2022241 Report a problem | ||
| 4/13/2023 | Price change | $1,350,000-12.9%$646/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2022241 Report a problem | ||
| 1/2/2023 | Listed for sale | $1,550,000+124.6%$742/sqft |
Source: NWMLS as distributed by MLS GRID #2022241 Report a problem | ||
| 4/15/2016 | Sold | $690,000-1.3%$330/sqft |
Source: NWMLS as distributed by MLS GRID #823692 Report a problem | ||
| 8/8/2015 | Pending sale | $699,000$334/sqft |
Source: John L Scott Real Estate #766490 Report a problem | ||
| 7/17/2015 | Price change | $699,000-5.5%$334/sqft |
Source: John L Scott Real Estate #766490 Report a problem | ||
| 6/26/2015 | Listed for sale | $740,000$354/sqft |
Source: John L Scott Real Estate #766490 Report a problem | ||
| 6/9/2015 | Pending sale | $740,000$354/sqft |
Source: John L Scott Real Estate #766490 Report a problem | ||
| 4/11/2015 | Price change | $740,000+5.7%$354/sqft |
Source: John L Scott Real Estate #766490 Report a problem | ||
| 3/16/2015 | Listed for sale | $700,000-12.5%$335/sqft |
Source: Owner Report a problem | ||
| 12/2/2014 | Listing removed | $800,000$383/sqft |
Source: John L Scott Real Estate #631203 Report a problem | ||
| 5/3/2014 | Listed for sale | $800,000+310.3%$383/sqft |
Source: John L Scott Real Estate #629768 Report a problem | ||
| 8/7/1998 | Sold | $195,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,848 +1.3% | $766,000 +7.9% |
| 2023 | $7,748 -4.4% | $710,000 -13.5% |
| 2022 | $8,104 -15.2% | $821,000 -3.1% |
| 2021 | $9,553 +12.8% | $847,000 +18.5% |
| 2020 | $8,466 +3.4% | $715,000 +0.8% |
| 2019 | $8,186 +6.3% | $709,000 +2.6% |
| 2018 | $7,699 -5.2% | $691,000 +10% |
| 2017 | $8,118 +138.9% | $628,000 +14% |
| 2016 | $3,398 | $551,000 +36.7% |
| 2015 | $3,398 | $403,000 +50.4% |
| 2014 | $3,398 | $268,000 +28.8% |
| 2013 | $3,398 | $208,000 -8.8% |
| 2012 | -- | $228,000 -2.1% |
| 2011 | -- | $233,000 +25.3% |
| 2010 | -- | $186,000 |
| 2009 | -- | $186,000 +2.2% |
| 2007 | -- | $182,000 +9% |
| 2006 | -- | $167,000 |
| 2005 | -- | $167,000 +17.6% |
| 2000 | $1,843 | $142,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$7,706/mo
Principal & interest
$6763
Property taxes
$943
More affordability tools
Climate risks
Neighborhood: President Park
Nearby schools
GreatSchools rating
- 3/10Honey Dew Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Vera Risdon Middle SchoolGrades: 6-8Distance: 2.5 mi
- 3/10Renton Senior High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- King County
- Renton
- 98056
- President Park
- 1409 Monroe Avenue NE
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Nearby zip codes
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