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1409 Monroe Ave NE Renton, WA

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Three homes on a large lot with redevelopment potential.

Type:LAND
Lot size:
0.50 Acres
Added:
Nov 7, 2025
Days on Market:
170
Last Refresh:
Apr 5 at 8:35 pm

Property Features for 1409 Monroe Ave NE

General Information

Standard status
Active
Lot size
0.50 Acres
Property subtype
LAND

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Listing Contact
Joseph Ho

Listing agent Joseph Ho

Listing office Berkshire Hathaway Home Services Northwest Real Estate

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


Overview

Redevelopment Opportunity in Renton Highlands

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Land

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Renton
County
King
State
Washington
Longitude
-122.175
Latitude
47.5049

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 $1,380,000.
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.
(425) 766-6619 Call to check price and availability
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