Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.
Listing Provided Courtesy of Craig Ruden, Best Choice Realty LLC
General Information
NWM2484138
Multi Family
1
DOM
8250.26 SqFt
2930
1900
Multi-F
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Craig Ruden, Best Choice Realty LLC
Krishna Realty data last checked: Apr 24, 2026 02:39 | Listing last modified Apr 24, 2026 03:02,
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Residence Information
2930
Composition
1,
54 - 4-Plex
1900
Pillar/Post/Pier, Po
Storage
Features and Utilities
Cement Planked, Wood
Public
Sewer Connected
0
Financial
7900
Cash, Conventional, FHA
04-23-2026
Comparable Information
1
1
Cash, Conventional, FHA
$1,285,000
$1,285,000
Apr 24, 2026 03:02
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.
