1409 Monroe Ave NE Renton, WA

Listing office Berkshire Hathaway Home Services Northwest Real Estate j***@msn.com Show Phone

Listing date Nov 7, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services Northwest Real Estate

Report an issue

---

Investment Insights

Based on property information with market context.

This property features three detached single-family homes situated on a 0.5-acre lot. The property currently generates an annual income of $50,400, with the potential to increase to $73,560. Redevelopment permits are in place for the construction of 35 apartments and 5,000 square feet of commercial space. Alternative development options include townhouse condos or a commercial-only configuration. Located in an urban village near Renton Highlands, the area is experiencing growth with upcoming projects that will add 700 multifamily units, 100 townhouses, and 40,000 square feet of retail space. This property is located minutes from shopping and dining.

Key Highlights

• High income potential: Current annual income of $50,400 with potential to reach $73,560.
• Redevelopment opportunity: Permits available for redevelopment into 35 apartments and 5,000 sq ft of commercial space.
• Large lot: Three detached single‑family homes on a 1/2‑acre lot.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $2,950,000

  9,882 SF

  Office

  941 Powell Avenue Southwest, Renton, WA, 98057

  View Details
• 

  $995,000

  3,881 SF

  Built-Out Office Suite For Sale

  881 SF office suite with 6 private offices.

  321 Burnett Ave S, Renton, WA 98057

  View Details
• 

  $3,950,000

  13,385 SF

  Renton Office Space For Sale

  High-quality office space in Renton, near various amenities and lodging.

  200 SW 41st St, Renton, WA 98057

  View Details
• 

  $4,750,000

  18,643 SF

  Renton Office Building For Sale

  Office building in Blackriver Corporate Park with excellent regional access.

  600 Naches Ave SW, Renton, WA

  View Details
• 

  $4,024,000

  15,780 SF

  Renton Office Building For Sale

  Office building in Blackriver Corporate Park with excellent regional access.

  1119 Southwest 7th Street, Renton, WA

  View Details
• 

  $3,300,000

  Renton Investment Property For Sale

  Single-tenant net-leased investment property with a 14-year lease.

  3205 4th St, Renton, WA 98056

  View Details
• 

  $120,000

  850 SF

  Renton Restaurant with Type 1 Hood

  Fully built-out restaurant space with Type 1 hood for sale.

  G-1630 Duvall Avenue Ne, Renton, WA 98059

  View Details
• 

  $10,300,000

  29,628 SF

  Temperature Controlled Facility For Sale

  29,628 SF temperature controlled facility with showroom potential.

  720 34th St, Renton, WA 98057

  View Details
• 

  $2,000,000

  Commercial Arterial Zoned Land

  Commercial land suitable for various developments, flexible seller terms.

  4325 NE Sunset Blvd, Renton, WA 98059

  View Details
• 

  $1,090,000

  2,052 SF

  Two-Building Multifamily Property

  Updated two-building multifamily offering a new roof, thermal-pane windows, and multiple parking options for income-focused ownership.

  150 Hardie Avenue SW # 1-6, Renton, WA 98057

  View Details
• 

  $1,699,000

  20,192 SF

  Renton Land For Sale

  Land available in Renton, Washington.

  75 Burnett Ave S, Renton, WA 98055

  View Details
• 

  Contact for pricing

  23,400 SF

  Standalone Industrial Facility For Sale

  23,400 SF industrial building with secured yard in Renton.

  838 Seneca Ave SW, Renton, WA 98057

  View Details

FAQs

What type of property is this?

Land - Three homes on a large lot with redevelopment potential.

Where is this land located?

The property is located at 1409 Monroe Ave NE Renton, WA.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: High income potential: Current annual income of $50,400 with potential to reach $73,560.; Redevelopment opportunity: Permits available for redevelopment into 35 apartments and 5,000 sq ft of commercial space.; Large lot: Three detached single‑family homes on a 1/2‑acre lot.