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Listed by:Keller Williams Eastside • Lubaba Al-Arab
$ 650,000
Est. payment /mo
Active
1409 Union AVE NE Renton, WA 98059
10,200 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Renton
MLS Listing ID 2498022
Style 54 - 4-Plex
Year Built 1957
Lot Size 10,200 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State WA
County King
Area 350 - Renton/Highlands
Interior
Flooring Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Renton
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
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