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1409 Monroe Avenue NE Renton, WA $ 1,380,000
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$ 1,380,000 Get more info
1409 Monroe Avenue NE
$ 1,380,000
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Share Save

1409 Monroe Avenue NE

Renton, WA, 98056
$ 1,380,000
Baths0.0 Sq 2,090

Monthly Estimate*

$ 8,609

Listed by Berkshire Hathaway HS NW
1409 Monroe Avenue NE, Renton, WA 98056 - Image 1
1409 Monroe Avenue NE, Renton, WA 98056 - Image 2
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1409 Monroe Avenue NE, Renton, WA 98056 - Image 4
1409 Monroe Avenue NE, Renton, WA 98056 - Image 5
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1409 Monroe Avenue NE, Renton, WA 98056 - Image 8
1409 Monroe Avenue NE, Renton, WA 98056 - Image 9
1409 Monroe Avenue NE, Renton, WA 98056 - Image 10
1409 Monroe Avenue NE, Renton, WA 98056 - Image 11
1409 Monroe Avenue NE, Renton, WA 98056 - Image 12
1409 Monroe Avenue NE, Renton, WA 98056 - Image 13
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1409 Monroe Avenue NE, Renton, WA 98056 - Image 16
1409 Monroe Avenue NE, Renton, WA 98056 - Image 17
Studio

Multi-Family Home for sale in Renton, WA

for $1,380,000. This 2,090 square foot home was built in 1942 on a lot size of 0.5.

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!

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Multi-Family Active

Price

$ 1,380,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,848

Style

Tri-plex

Lot Size

0.5

Year Built

1942

Town/City

Renton

County/Region

King

MLS | Web ID

2430021
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1942
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 39040
Insurance Expense 2000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Renton
Special Listing Conditions None
Status Active
Directions GPS is accurate
High School Buyer To Verify
City Renton
Senior Community Y/N N
High School District Renton
Open Parking Spaces 4
Number Of Units Total 3
MLS Area 350 - Renton/Highlands
Lot Size Units Square Feet
Lot Size Square Feet 21780
Carport Spaces 1
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 7848
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks 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 rat
Leasable Area 2090
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Renton
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 2.82
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Curbs Sidewalk
Water Source Public
Total Parking 6
Building Area Total 2090
Lot Size Acres 0.5
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 4
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2430021
Street Number 1 1409
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* Excluded Features
List By
Martin J. Ho

Listing Agent

Berkshire Hathaway Hs Nw

Broker

Affordability Calculator

$9,263
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,609
Monthly Property Taxes
$654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2025$1,380,000 Listed Price

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1409 Monroe Avenue NE, Renton, WA, 98056 is a Multi-Family Home for sale at $1,380,000 with 2,090 sqft and a lot size of 0.5. 1409 Monroe Avenue NE is a studio with 0.0 baths and was built in 1942. The property's zip code is 98056 which is in Renton, WA

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