Rare investment and development opportunity! Two adjacent parcels for the price of $1.3M. 3401 NE 12th St and 1161 Olympia Ave NE (parcel #092305-9124 and 092305-9135). Two level lots offers combined total of approximately 39000 sqf/0.9 acre. RMF (Residential Multiple Family) Zoning, up to 20 units per acre. Utilities are on site. Two rental units on 1161 Olympia Ave NE. Next to a 29-unit-apartment building. Amazing location, close to freeways, dining, shopping, airport, parks, trails, and the lake. Sold as-is. Value is in the land.
Pending
Listed by: MY International Real Estate
$1,300,000
3401 NE 12th St, Renton, WA 98056
--beds
--baths
0.6Acres
Est.:
Unimproved Land
Built in ----
0.6 Acres Lot
$815,200 Zestimate®
$--/sqft
$-- HOA
What's special
Utilities are on siteTwo adjacent parcelsTwo level lots
- 201 days |
- 13 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Gia Guo,
MY International Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2439950
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 0.6 Acres
- Features: Paved, Lightly Treed
- Topography: Level
Details
- Parcel number: 0923059124
- Zoning: RMF
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: On Property
- Sewer: On Property
- Water: Available
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Highlands
Location
- Region: Renton
Financial & listing details
- Tax assessed value: $865,000
- Annual tax amount: $8,784
- Date on market: 8/30/2025
- Cumulative days on market: 234 days
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$815,200
$693,000 - $946,000
$2,583/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Pending sale | $1,300,000 |
Source:  NWMLS as distributed by MLS GRID #2439950 Report a problem | ||
| 10/2/2025 | Listed for sale | $1,300,000+420% |
Source: NWMLS as distributed by MLS GRID #2439950 Report a problem | ||
| 5/19/2011 | Sold | $250,000 |
Source: NWMLS as distributed by MLS GRID #176986 Report a problem | ||
| 3/9/2011 | Pending sale | $250,000 |
Source: Prudential NW Realty Assoc. #176986 Report a problem | ||
| 2/1/2011 | Listed for sale | $250,000 |
Source: Prudential NW Realty Assoc. #176986 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,784 +8.6% | $865,000 +14% |
| 2023 | $8,088 -2.2% | $759,000 -13.4% |
| 2022 | $8,267 +98.1% | $876,000 +134.9% |
| 2021 | $4,172 +12.9% | $373,000 +18.4% |
| 2020 | $3,696 +0.5% | $315,000 +0.6% |
| 2019 | $3,678 +4.3% | $313,000 +0.6% |
| 2018 | $3,526 -1.3% | $311,000 +14.3% |
| 2017 | $3,572 +27.4% | $272,000 +13.8% |
| 2016 | $2,805 | $239,000 +1.7% |
| 2015 | $2,805 | $235,000 +6.3% |
| 2014 | $2,805 | $221,000 +27% |
| 2013 | $2,805 | $174,000 -8.4% |
| 2012 | -- | $190,000 -3.1% |
| 2011 | -- | $196,000 -26.9% |
| 2010 | -- | $268,000 |
| 2009 | -- | $268,000 +3.1% |
| 2007 | -- | $260,000 +9.2% |
| 2006 | -- | $238,000 |
| 2005 | -- | $238,000 +47.8% |
| 2001 | $1,934 +3.5% | $161,000 +11.8% |
| 2000 | $1,869 | $144,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$7,092/mo
Principal & interest
$6204
Property taxes
$888
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Climate risks
Neighborhood: President Park
Nearby schools
GreatSchools rating
- 3/10Highlands Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10McKnight Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Renton Senior High SchoolGrades: 9-12Distance: 2.3 mi
- Washington
- King County
- Renton
- 98056
- President Park
- 3401 NE 12th St
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