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!
Listing Provided Courtesy of Martin J. Ho, Berkshire Hathaway HS NW
General Information
NWM2430021
Multi Family
1
DOM
0.5 acres
2090
1942
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Martin J. Ho, Berkshire Hathaway HS NW
Krishna Realty data last checked: Sep 14, 2025 21:07 | Listing last modified Sep 11, 2025 22:06,
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Residence Information
2090
Composition
53 - Tri-plex
1942
Features and Utilities
Wood
Public
Sewer Connected
0
Financial
7848
Cash Out, Conventional
09-10-2025
Comparable Information
1
1
Cash Out, Conventional
$1,380,000
$1,380,000
Sep 11, 2025 22:06
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
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!