621 Houser Way S Renton, WA $ 1,285,000
621 Houser Way S
$ 1,285,000
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621 Houser Way S

Renton, WA, 98057
$ 1,285,000
Baths0.0 Sq 2,930

Monthly Estimate*

$ 7,912

Listed by Best Choice Realty LLC
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View a Virtual Tour
Studio

Multi-Family Home for sale in Renton, WA

for $1,285,000. This 2,930 square foot home was built in 1900 on a lot size of 0.1894.

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

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Multi-Family Active

Price

$ 1,285,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,900

Style

4-Plex

Lot Size

0.1894

Year Built

1900

Town/City

Renton

County/Region

King

MLS | Web ID

2484138

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 1
Security Features Partially Fenced
Year Built 1900
Property Subtype Multi Family
Tax Year 2024
County King
Net Operating Income 82739
Insurance Expense 6458
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From 405 exit to Talbot exit which turns in Smithers; then turn right onto Houser Way S. Property is on corner of Houser and Burnett.
High School Buyer To Verify
City Renton
Senior Community Y/N N
High School District Renton
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 350 - Renton/Highlands
Lot Size Units Square Feet
Lot Size Square Feet 8250
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Buyer To Verify
Tax Annual Amount 7900
Electric Expense 4937
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Short Term Rental Business Investment opportunity. Gross rent of $136 950; NOI of $82 739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb VRBO and Direct Booking. Business
Leasable Area 2930
Virtual Tour https://drive.google.com/file/d/1pGGhEP_Yon0fLiKUangwEqFwec8D9iVt/view?usp=drive_link
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company City of Renton
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 5547
Property Style 54 - 4-Plex
Cap Rate 6.44
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Exterior
Exterior Amenities Cement Planked Wood
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Pillar/Post/Pier Poured Concrete
Building Area Total 2930
Lot Dimensions 8250
Lot Size Acres 0.1894
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Fenced-Partially Gas Available High Speed Internet Patio
Parking Uncovered Total 5
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2484138
Street Number 1 621
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* Excluded Features
List By
Craig Ruden

Listing Agent

Best Choice Realty Llc

Broker

Affordability Calculator

$8,570
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,912
Monthly Property Taxes
$658
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100112 Elementary School
3100271 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$1,285,000 Listed Price

Map


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621 Houser Way S, Renton, WA, 98057 is a Multi-Family Home for sale at $1,285,000 with 2,930 sqft and a lot size of 0.1894. 621 Houser Way S is a studio with 0.0 baths and was built in 1900. The property's zip code is 98057 which is in Renton, WA