1409 Monroe Avenue Ne, Renton, WA 98056

Renton
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: martin j. ho
Office: berkshire hathaway hs nw
MLS#:2430021
Source:NWMLS
1409 Monroe Avenue Ne,Renton, WA 98056
$1,380,000
  • - Beds
  • - Baths
  • 2,090 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,380,000
  • Price per sq. ft.:$660.29

About this home

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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Home facts

  • Year built:1942
  • Listing ID #:2430021
  • Updated:March 26, 2026 at 07:43 PM

Rooms and interior

  • Living area:2,090 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Building area:2,090 sq. ft.
  • Lot area:0.5 Acres
  • Lot Features:Corner, Curbed Lot, Sidewalk
  • Construction Materials:Wood Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,380,000
  • Price per sq. ft.:$660.29
  • Tax amount:$7,848 (2025)

Parking

  • Total parking spaces:6
  • Parking description:Uncovered Space(s) : 4
  • Carport spaces:1
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