1409 Monroe Avenue Northeast
$1,400,000
—
2,090
2,090
$670
Listing provided courtesy of Redfin
Description
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...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!
- Listed by Brian Richards • Redfin
Property Details for 1409 Monroe Avenue Northeast
Community Name
Renton
School DistrictRenton
Number of Assigned Spaces2
Total Covered Parking3
Entry Date08-05-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:13 AM
Property Details for 1409 Monroe Avenue Northeast
Status | Active |
---|---|
MLS # | 2272635 |
Days on Market | 104 |
Cumulative Days on Market | 104 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1942 |
Lot Size | 0.50 AC / 21,780 SF |
County | King County |
Building Information for 1409 Monroe Avenue Northeast
Stories1Residences3Year Built1942Building Size-Lot Size0.50 AC / 21,780 SF
Property Information for 1409 Monroe Avenue Northeast
Property History for 1409 Monroe Avenue Northeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1409 Monroe Avenue Northeast
Taxable ValueLand$631,000Additions$190,000Total$821,000
Tax Record2022$8,104 ($675 / month)
Home Facts
Beds3Baths3Total Finished SqFt880 SqFtAbove Ground SqFt880 SqFtStories1Lot Size21,780 SqFtStyleSingle Family ResidenceYear Built1942ZoningCVCountyKINGAPN042305-9104
Schools near 1409 Monroe Avenue Northeast
This home is within Renton School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Honey Dew Elementary School PublicK to 5 | ||
Vera Risdon Middle School Public6 to 8 | ||
Renton Senior High School Public9 to 12 | ||
Griffin Home Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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