1409 Monroe Avenue NE Renton, WA 98056
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Berkshire Hathaway Hs NW

  1409 Monroe Avenue NE Renton, WA 98056

Active (1 Days)
$1,250,000 (USD)

Description

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!

MLS #:
2592596
Taxes
$7,848(2025)
Lot Size
0.5 acres
Type
Multifamily
Year Built
1942
Style
Tri-Plex
School District
Renton
County
King County
Community
Renton

Listed By

Martin Ho, Northwest Real Estate
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 18 2026 at 12:01 PM GMT+0000
Bathroom Details
Subdivision
  • Renton
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
Property Features
  • Fireplace: 0
Heating and Cooling
  • Baseboard
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Based on information submitted to the MLS GRID as of 10/18/2026 12:01. 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.