PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.
Active
Listed by: Keller Williams Eastside
$650,000
1409 Union Avenue NE, Renton, WA 98059
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1957
-- sqft lot
$645,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 184 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 03, 2026 at 08:47am
Listed by:
Lubaba Al-Arab,
Keller Williams Eastside
Source: NWMLS as distributed by MLS GRID,MLS#: 2498022
Tour with a local agent
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- Forced Air
Features
- Flooring: Hardwood, Carpet
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 5
- Covered spaces: 1
- Uncovered spaces: 4
Lot
- Size: 10,201.75 Square Feet
Details
- Parcel number: 0423059181
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 1957
- Major remodel year: 2009
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
- Date on market: 4/2/2026
- Cumulative days on market: 1 day
- Listing terms: Conventional
Estimated market value
$645,700
$613,000 - $678,000
$3,318/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $650,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,622/mo
Principal & interest
$3178
Property taxes
$444
More affordability tools
Climate risks
Neighborhood: Glencoe
Nearby schools
GreatSchools rating
- 5/10Sierra Heights Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Vera Risdon Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Hazen Senior High SchoolGrades: 9-12Distance: 0.6 mi
Local experts in 98059
- Washington
- King County
- Renton
- 98059
- Glencoe
- 1409 Union Avenue NE






