1409 Monroe Avenue NE Renton, WA 98056
Sold
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Jonathan Naguit, Century 21 Real Estate Center / Bought By: Tsang Wong, Tnc Real Estate Solutions Inc

  1409 Monroe Avenue NE Renton, WA 98056

Sold on 06/16/2023
$1,300,000 (USD)

Description

** $200K price improvement ** Income-producing $45,600 current $73,560 proforma. Consisting of three (3) detached single-family houses on a half-acre lot, this versatile SUNSET BLVD NE investment property provides savvy & opportunistic investors multiple exit strategy options including: Bringing tenant rents up to market rates; permits are ready to redevelop for 35-unit apartments & 5,000 SF commercial space; or propose live-work lofts, townhouse condos or commercial-only builds. The urban village this property is situated in, has projects under construction that would yield around 700 multifamily units, 100 townhouses & 40,000 SF retail & walking/quick drive distance to many of Renton Highlands' most popular restaurants, bars & retailers.

Sold Date:
06/16/2023
Taxes
$9,553(2022)
Lot Size
0.5 acres
Type
Multifamily
Year Built
1942
Style
Tri-Plex
School District
Renton
County
King County
Community
Highlands

Listed By

Jonathan Naguit, Century 21 Real Estate Center
Bought with
Tsang Wong, Tnc Real Estate Solutions Inc
Source
Northwest MLS as distributed by MLS Grid
Last checked Sep 28 2026 at 7:05 AM GMT+0000
Bathroom Details
Subdivision
  • Highlands
Lot Information
  • Corner Lot
  • Sidewalk
  • Paved
Property Features
  • Cable Tv
Exterior Features
  • Wood
  • Roof: See Remarks
Utility Information
  • Sewer: Available
  • Fuel: Electric
School Information
  • Elementary School: Highlands Elem
  • Middle School: McKnight Mid

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 12, 2023
Price Changed
$1,350,000
-13%
-$200,000
Jan 02, 2023
Listed
$1,550,000
-
-
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Based on information submitted to the MLS GRID as of 9/28/2026 07:05. 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.