1409 Monroe Avenue NE Renton WA 98056 MLS #NWM2430021

MLS #NWM2430021 image #0
Listing Provided Courtesy of 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!
Current real estate data for Multi Family in Renton as of Feb 07, 2026
10
Multi Family Listed
78
Avg DOM
427
Avg $ / SqFt
$1,315,580
Avg List Price

Property Details

Price:
$1,380,000
MLS #:
NWM2430021
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subdivision:
Renton
Neighborhood:
350rentonhighlands
Listed Date:
Sep 10, 2025
Finished Sq Ft:
2,090
Total Sq Ft:
2,090
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1942
Units:
3
350 – Renton/highlands350rentonhighlandsRentonRentonBuyer To VerifyBuyer To VerifyBuyer To Verify

Schools

School District:
Renton
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
6
Roof
Composition

Financial

Net Operating Income
$39,040
Tax Year
2025
Taxes
$7,848

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Property Summary

    Located in the Renton subdivision, 1409 Monroe Avenue NE Renton WA is a Multi Family for sale in Renton, WA, 98056. It is listed for $1,380,000 To schedule a showing of MLS#nwm2430021 at 1409 Monroe Avenue NE in Renton, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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