1409 Monroe Avenue NE, Renton, WA 98056
Multi-Family Home 
Built in 1942 
0.5acre lot
—— car garage 
$——/sqft 
Listed 1 month ago
Property Description
This listing courtesy of Martin J. Ho, Berkshire Hathaway HS NW
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!
- Listing Status:
- Active
- Listing Office:
- Berkshire Hathaway HS NW : 425-453-9100
- Listing Agent:
- Martin J. Ho : 425-453-9100
- MLS ID:
- 2430021
- General: Wood
- Parking: Parking spaces: 6
- Roofing: Composition
- General: 53 - Tri-plex
- HOA Amenities: 0.0
- Originating MLS: nwmls
- School District: Renton
- County: King
- Zoning: 0423059104
- Water: Public
- Sewer: Sewer Connected
- Source: nwmls
This listing courtesy of Martin J. Ho, Berkshire Hathaway HS NW
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Highlands Elementary School
2720 NE 7th St, Renton, WA, 98056
Grades KG-5
0.76 miles away
McKnight Middle School
1200 Edmonds Ave NE, Renton, WA, 98056
Grades 6-8
0.43 miles away
Hazen High School
1101 Hoquiam Ave NE, Renton, WA, 98059
Grades 9-12
1.07 miles away
