1409 Monroe Avenue Ne, Renton, WA 98056

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann 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:November 11, 2025 at 12:01 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

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)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 11, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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