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5008 NE 2nd Street Renton, WA $ 1,599,000
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$ 1,599,000 Get more info
5008 NE 2nd Street
$ 1,599,000
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5008 NE 2nd Street

Renton, WA, 98059
$ 1,599,000
Bedrooms3 Baths2.0 Sq 2,500

Monthly Estimate*

$ 9,845

Listed by Globenex Realty
5008 NE 2nd Street, Renton, WA 98059 - Image 1
5008 NE 2nd Street, Renton, WA 98059 - Image 2
5008 NE 2nd Street, Renton, WA 98059 - Image 3
5008 NE 2nd Street, Renton, WA 98059 - Image 4
5008 NE 2nd Street, Renton, WA 98059 - Image 5
5008 NE 2nd Street, Renton, WA 98059 - Image 6
5008 NE 2nd Street, Renton, WA 98059 - Image 7
5008 NE 2nd Street, Renton, WA 98059 - Image 8
5008 NE 2nd Street, Renton, WA 98059 - Image 9
5008 NE 2nd Street, Renton, WA 98059 - Image 10

Single Family Home for sale in Renton, WA

for $1,599,000 with 3 bedrooms and 2 full baths. This 2,500 square foot home was built in 1983 on a lot size of 1.1504.

ATTENTION BUILDERS & SAVVY INVESTORS! A rare, high-yield opportunity in the heart of the sought-after East Renton Highlands. This premier 1.16-acre flat parcel offers the perfect "hybrid" investment: a turnkey, income-producing rental with massive, shovel-ready development upside. CASH FLOW WHILE YOU PERMIT: The existing home was fully remodeled in 2022. It currently generates $3,800/month on a m-to-m lease. This consistent income covers your holding costs while you permits and platting. DEVELOPMENT POTENTIAL & HB 1337 DENSITY: The heavy lifting is done! Over $200,000 has been invested in design, civil engineering, and city coordination for a 6-lot single-family subdivision. Take your ROI even further by leveraging Washington’s HB 1337—the potential exists to design up to 3 units per lot, creating a high-density, 18-unit community in a market starved for inventory. "SHOVEL-READY" ADVANTAGE: 100% of the civil engineering was previously completed and approved. While it expired last year, the comprehensive files are ready for a streamlined revival. Skip the grueling 2-year design phase and jump straight into a high-margin project. PRIME TECH CORRIDOR LOCATION: Completely flat, usable lot abutting newer construction on all sides. Enjoy a seamless commute with easy access to I-405, Hwy 169, and major tech hubs. Just minutes from The Landing, Gene Coulon Park, and top-tier Highlands shopping. Bring your crew and unlock the maximum value of this Highlands gem!

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Single Family Active

Price

$ 1,599,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 11,904

Style

1 Story

Lot Size

1.1504

Year Built

1983

Town/City

Renton

County/Region

King

MLS | Web ID

2523358
Features
General
Living Area 2500
Sewer Septic Tank
Heating Baseboard Forced Air
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1983
Levels One
Property Subtype Single Family Residence
Tax Year 2026
County King
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Highlands
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions GPS works
City Renton
Senior Community Y/N N
High School District Renton
MLS Area 350 - Renton/Highlands
Lot Size Units Square Feet
Lot Size Square Feet 50112
Carport Y/N N
Listing Terms Cash Conventional Farm Home Loan FHA
Land Lease Y/N N
Tax Annual Amount 11904
Public Remarks ATTENTION BUILDERS & SAVVY INVESTORS! A rare high-yield opportunity in the heart of the sought-after East Renton Highlands. This premier 1.16-acre flat parcel offers the perfect hybrid investment:
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Renton
Total Actual Rent 3800
Property Style 10 - 1 Story
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Exterior
Exterior Amenities Wood
Parking Features Attached Garage
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2500
Lot Size Acres 1.1504
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Lot Number 3
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Interior
Total Fireplaces 0
Fireplace Features Electric
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
3/4 Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 2
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2
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Internal Only
OriginalMLSID NWM2523358
Street Number 1 5008
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* Excluded Features
List By
Shelly Xiuping Hu

Listing Agent

Globenex Realty

Broker

Affordability Calculator

$10,837
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,845
Monthly Property Taxes
$992
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
257590 Elementary School
258645 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/13/2026$1,599,000 Listed Price

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5008 NE 2nd Street, Renton, WA, 98059 is a Single Family Home for sale at $1,599,000 with 2,500 sqft and a lot size of 1.1504. 5008 NE 2nd Street has 3 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 98059 which is in Renton, WA

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