1409 Monroe Avenue NE

Renton, WA 98056

  • Bed

  • Bath

  • 2090 SqFt

  • 224 DOM

  • Built: 1942

  • Status: Active

$1,380,000

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1409 Monroe Avenue NE

Renton 98056

$1380000

  • Bed

  • Bath

  • 2090 SqFt

  • 224 DOM

  • Built: 1942

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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!

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