1409 Monroe Avenue NE · Renton, WA 98056
Source: NWMLS · Berkshire Hathaway HS NW · Martin J. Ho #NWM2592596
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!
Location
Basics
- Property type
- Multi Family
- Style
- Tri-plex
- Stories
- 1 story
- Year built
- 1942
- Building area
- 2,090 sq ft
- Lot size
- 21,780 sq ft (0.5 acres)
- County
- King
- MLS #
- NWM2592596
Interior
- Heating
- Baseboard
- Cooling
- Heat Pump
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Lot features
- Corner Lot, Curbs, Sidewalk
- Waterfront
- No
Parking
- Parking spaces
- 13
- Garage
- 1
- Covered spaces
- 3
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Renton
- Property tax
- $7,848 (2025)
Transaction
- Listed on
- Oct 17, 2026
- Days active
- 2
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2023-06-16
- Sold$1,300,000
- 2016-04-15
- Sold$690,000
Schools
School district: Renton
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Renton Senior High SchoolSchoolDigger 1 star · Top 82% in WA
Listing provided courtesy of: Berkshire Hathaway HS NW
Listing agent: Martin J. Ho.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-10-18.