1409 Monroe Avenue NE

Renton, WA 98056

  • Bed

  • Bath

  • 2090 SqFt

  • 203 DOM

  • Built: 1942

  • Status: Active

$1,380,000

X

1409 Monroe Avenue NE

Renton 98056

$1380000

  • Bed

  • Bath

  • 2090 SqFt

  • 203 DOM

  • Built: 1942

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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!

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Residence Information

  • 2090

  • Flat

  • 53 - Tri-plex

  • 1942

  • Poured Concrete

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 0

  • Cash Out, Conventional

  • 08-05-2024

Comparable Information

  • 203

  • 203

  • Cash Out, Conventional

  • $1,400,000

  • $1,400,000

  • Feb 25, 2025 00:02

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of Redfin.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 08, 2025 00:00 | Listing last modified Feb 25, 2025 00:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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