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.
Active
Listed by: Best Choice Realty LLC
$1,285,000
621 Houser Way S, Renton, WA 98057
6beds
4baths
2,930sqft
Quadruplex
Built in 1900
-- sqft lot
$1,202,900 Zestimate®
$439/sqft
$-- HOA
What's special
Storage lockerLarge corner lot
- 45 days |
- 183 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Craig Ruden,
Best Choice Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2484138
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall Furnace, Electric, Natural Gas
Cooling
- Window Unit(s)
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 2,930
- Total interior livable area: 2,930 sqft
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Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 5
Lot
- Size: 8,250 Square Feet
- Dimensions: 8250
- Features: Curbs, Paved, Sidewalk, Fenced-Partially, Gas Available, High Speed Internet, Patio
Details
- Parcel number: 7839300130
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1900
- Major remodel year: 1984
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Renton
- Water: Public, Company: City of Renton
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Renton
Financial & listing details
- Price per square foot: $439/sqft
- Tax assessed value: $792,000
- Annual tax amount: $7,900
- Date on market: 4/22/2026
- Cumulative days on market: 47 days
- Listing terms: Conventional,FHA
Estimated market value
$1,202,900
$1.14M - $1.26M
$2,254/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $1,285,000+54.8%$439/sqft |
Source:  NWMLS as distributed by MLS GRID #2484138 Report a problem | ||
| 2/10/2023 | Sold | $830,000-5.1%$283/sqft |
Source: NWMLS as distributed by MLS GRID #2020322 Report a problem | ||
| 1/12/2023 | Pending sale | $874,950$299/sqft |
Source: NWMLS as distributed by MLS GRID #2020322 Report a problem | ||
| 12/1/2022 | Listed for sale | $874,950+105.9%$299/sqft |
Source: NWMLS as distributed by MLS GRID #2020322 Report a problem | ||
| 11/30/2006 | Sold | $425,000+230.7%$145/sqft |
Source: NWMLS as distributed by MLS GRID #26175148 Report a problem | ||
| 1/24/1994 | Sold | $128,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,629 -11.4% | $792,000 -8.1% |
| 2023 | $9,744 +11.7% | $862,000 +3.6% |
| 2022 | $8,727 -2.9% | $832,000 +11.5% |
| 2021 | $8,984 +4.1% | $746,000 +8.9% |
| 2020 | $8,633 +19.7% | $685,000 +23.2% |
| 2019 | $7,213 +13.3% | $556,000 +11.6% |
| 2018 | $6,366 +4.9% | $498,000 +20% |
| 2017 | $6,070 +35.7% | $415,000 |
| 2016 | $4,472 | $415,000 +10.4% |
| 2015 | $4,472 | $376,000 +6.5% |
| 2014 | $4,472 | $353,000 +13.9% |
| 2013 | $4,472 | $310,000 +13.1% |
| 2012 | -- | $274,000 -23.9% |
| 2011 | -- | $360,000 -2.7% |
| 2010 | -- | $370,000 |
| 2009 | -- | $370,000 +26.7% |
| 2007 | -- | $292,000 +0.3% |
| 2006 | -- | $291,000 +19.8% |
| 2005 | -- | $243,000 +47.3% |
| 2001 | $1,990 +9.1% | $165,000 +17.9% |
| 2000 | $1,824 | $140,000 |
Find assessor info on the county website
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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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Climate risks
Neighborhood: South Renton
Nearby schools
GreatSchools rating
- 5/10Bryn Mawr Elementary SchoolGrades: K-5Distance: 1.7 mi
- 4/10Dimmitt Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Renton Senior High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Renton
- 98057
- South Renton
- 621 Houser Way S
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