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Listed by: Martin J. Ho (425) 499-8909 | Berkshire Hathaway HS NW (425) 453-9100
$1,250,000
Monthly Est:$6,222
6 Beds
3 Baths
2,090sqft
1409 Monroe Ave NE, Renton, WA 98056
$1,250,000
$6,222/moEst:
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Condominium
Built in 1942
$-- HOA
21,780 sqft lot
$598/sq.ft
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!
- Houzeo last checked: 1 minute ago
- Listing updated: October 19, 2026 at 3:37 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2592596
Property Details
Status
Active
Type
Condominium
No. of Stories
1
County
City
Neighborhood
--
Year Built
1942
HOA Fees
-
Finished Area
2,090 sqft
Lot Size
21,780 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2592596
MLS Status
Active
Days on Market
3
Cumulative Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Heating
Baseboard
Cooling
Heat Pump
Sewer
Sewer Connected
Exterior Features
Wood
Construction
Year Built
Year Built: 1942
Home type
Condominium
Roof
Composition
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Renton
Lot Features
Corner Lot, Curbs, Sidewalk
Price History
| Date | Event | Price |
|---|---|---|
10/18/2026 Source: | Listed for Sale | $1,250,000 -3.85% $598/sqft |
08/02/2026 Source: | Listing Removed | $1,300,000 $622/sqft |
09/10/2025 Source: | Listed for Sale | $1,300,000 $622/sqft |
06/19/2023 Source: | Price Increased | $1,300,000 +88.41% $622/sqft |
04/16/2016 Source: | Sold | $690,000 $330/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 10:17PM. 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 is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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