Active

Listed by: Berkshire Hathaway HS NW

Price cut: $80K (5/12)

$1,300,000

1409 Monroe Avenue NE, Renton, WA 98056

6beds

3baths

2,090sqft

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Triplex

Built in 1942

-- sqft lot

$1,240,800 Zestimate^®

$622/sqft

$-- HOA

What's special

Detached single-family homes

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!

270 days

169

5

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Baseboard, Electric

Cooling

None

Features

Has fireplace: No

Interior area

Total structure area: 2,090
Total interior livable area: 2,090 sqft

Property

Parking

Total spaces: 6
Parking features: Garage, Open
Garage spaces: 1
Carport spaces: 1
Covered spaces: 2
Uncovered spaces: 4

Lot

Size: 0.5 Acres
Features: Corner Lot, Curbs, Sidewalk

Details

Parcel number: 0423059104
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Tri-plex
Property subtype: Triplex

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1942

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Renton
Water: Public, Company: City of Renton

Community & HOA

Community

Subdivision: Renton

Location

Region: Renton

Financial & listing details

Price per square foot: $622/sqft
Tax assessed value: $766,000
Annual tax amount: $7,848
Date on market: 9/10/2025
Cumulative days on market: 271 days
Listing terms: Conventional

Estimated market value

$1,240,800

$1.18M - $1.30M

$2,644/mo

Price history

Date	Event	Price
5/12/2026	Price change	$1,300,000-5.8%$622/sqft
Source: NWMLS as distributed by MLS GRID #2430021 Report a problem
9/10/2025	Listed for sale	$1,380,000+6.2%$660/sqft
Source: NWMLS as distributed by MLS GRID #2430021 Report a problem
6/16/2023	Sold	$1,300,000-3.7%$622/sqft
Source: NWMLS as distributed by MLS GRID #2022241 Report a problem
5/10/2023	Pending sale	$1,350,000$646/sqft
Source: NWMLS as distributed by MLS GRID #NWM2022241 Report a problem
4/13/2023	Price change	$1,350,000-12.9%$646/sqft
Source: NWMLS as distributed by MLS GRID #NWM2022241 Report a problem
1/2/2023	Listed for sale	$1,550,000+124.6%$742/sqft
Source: NWMLS as distributed by MLS GRID #2022241 Report a problem
4/15/2016	Sold	$690,000-1.3%$330/sqft
Source: NWMLS as distributed by MLS GRID #823692 Report a problem
8/8/2015	Pending sale	$699,000$334/sqft
Source: John L Scott Real Estate #766490 Report a problem
7/17/2015	Price change	$699,000-5.5%$334/sqft
Source: John L Scott Real Estate #766490 Report a problem
6/26/2015	Listed for sale	$740,000$354/sqft
Source: John L Scott Real Estate #766490 Report a problem
6/9/2015	Pending sale	$740,000$354/sqft
Source: John L Scott Real Estate #766490 Report a problem
4/11/2015	Price change	$740,000+5.7%$354/sqft
Source: John L Scott Real Estate #766490 Report a problem
3/16/2015	Listed for sale	$700,000-12.5%$335/sqft
Source: Owner Report a problem
12/2/2014	Listing removed	$800,000$383/sqft
Source: John L Scott Real Estate #631203 Report a problem
5/3/2014	Listed for sale	$800,000+310.3%$383/sqft
Source: John L Scott Real Estate #629768 Report a problem
8/7/1998	Sold	$195,000$93/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,848 +1.3%	$766,000 +7.9%
2023	$7,748 -4.4%	$710,000 -13.5%
2022	$8,104 -15.2%	$821,000 -3.1%
2021	$9,553 +12.8%	$847,000 +18.5%
2020	$8,466 +3.4%	$715,000 +0.8%
2019	$8,186 +6.3%	$709,000 +2.6%
2018	$7,699 -5.2%	$691,000 +10%
2017	$8,118 +138.9%	$628,000 +14%
2016	$3,398	$551,000 +36.7%
2015	$3,398	$403,000 +50.4%
2014	$3,398	$268,000 +28.8%
2013	$3,398	$208,000 -8.8%
2012	--	$228,000 -2.1%
2011	--	$233,000 +25.3%
2010	--	$186,000
2009	--	$186,000 +2.2%
2007	--	$182,000 +9%
2006	--	$167,000
2005	--	$167,000 +17.6%
2000	$1,843	$142,000

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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