This income producing building located in an amenity rich pocket of Renton. Brand new roof with many other great improvements. Washer and dryer are in each unit. Easy access to free way and close proximity to both Bellevue and Seattle. The building is two-stories, with nine surface parking stalls in the front and rear of the building. It consists of 4 one-bedroom and 1 two-bedroom units. The property sits on 6,939 square feet of land zoned CV and the building is approximately 3,232 net rentable square feet. It attracts to a wide range of residents. Attractive rental cap.
This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $45,600 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!
The median home value in Renton, WA is $676,600. This is lower than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Renton, WA is $676,600. Approximately 50.3% of Renton homes are owned, compared to 45.11% rented, while 4.59% are vacant. Renton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Renton real estate agent to arrange a tour today!
Renton, Washington 98056 has a population of 105,313. Renton 98056 is less family-centric than the surrounding county with 31.15% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Renton, Washington 98056 is $84,374. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Renton 98056 is 36.2 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 43.6 inches per year, with 5.6 inches of snow per year.