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1409 Monroe Avenue NE in Renton

Listing ID:2272635 (Multi-Family)
Listing Price:$1,380,000
Days on Market:271

Details

Bed / Bath:0.00 / 0.00
Lot Size:0.50 acre (21,780 sqft)

This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $45,600 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!


NWMLS

This listing is provided courtesy of NWMLS, contributed by Redfin Corp.



Property Details

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