$1,300,000
Est. $6,553/mo1409 Monroe Avenue Ne, Renton, WA 98056
• Listed 2025-09-10•37 days on market
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Based on information submitted to the MLS GRID as of May 12, 2026 at 04:13pm (date and time MLS GRID Data was obtained). 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.
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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!
Listed by Martin J. Ho • Berkshire Hathaway HS NW
Listing updated: May 12, 2026 at 04:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2430021
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1409 Monroe Avenue Ne, Renton, WA 98056
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Renton School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
