Do not miss this investment opportunity in one of the fastest growing cities in the NW. The property sits in a mostly residential neighborhood. Renton 4 plex building that is not only easy to maintain but also boasts a walk score of 91, making it convenient for tenants. 2 studios and 2 one-bedroom units. Located close to Renton Landing, Boeing, Coulon Park on Lake Washington, and the freeway. This self-managed building has great potential with a projected 7%+ cap rate. Currently, one unit is vacant for an opportunity to house hack or remodel to achieve market rents. Each unit has 2 exterior secured storage spaces. 3-minute walk to downtown Renton. 15-minute drive to Bellevue. Property is zoned R14 for future potential development.
Sold
Listed by:
Tim Bower,
Berkshire Hathaway HS NW
Bought with: Skyline Properties, Inc.
$750,000
543 Whitworth Avenue S, Renton, WA 98057
--beds
--baths
1,681sqft
Quadruplex
Built in 1959
-- sqft lot
$713,000 Zestimate®
$446/sqft
$1,973 Estimated rent
Home value
$713,000
$677,000 - $749,000
$1,973/mo
Zestimate® history
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$1,973/mo
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$4,477/mo
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Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:48am
Listed by:
Tim Bower,
Berkshire Hathaway HS NW
Bought with:
Zeina I. Chalak, 107611
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2220510
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,681
- Total interior livable area: 1,681 sqft
Property
Parking
- Total spaces: 3
- Parking features: Open
- Uncovered spaces: 3
Lot
- Size: 4,800 sqft
Details
- Parcel number: 7841300430
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Flat
Condition
- Good
- Year built: 1959
- Major remodel year: 1988
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Renton
- Subdivision: Renton
Other
Other facts
- Listing terms: Cash Out,Conventional,VA Loan
- Cumulative days on market: 385 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $750,000-2.5%$446/sqft |
Source:  NWMLS as distributed by MLS GRID #2220510 Report a problem | ||
| 5/6/2024 | Pending sale | $769,000$457/sqft |
Source: NWMLS as distributed by MLS GRID #2220510 Report a problem | ||
| 5/1/2024 | Price change | $769,000-3.9%$457/sqft |
Source: NWMLS as distributed by MLS GRID #2220510 Report a problem | ||
| 4/10/2024 | Listed for sale | $799,950-4.2%$476/sqft |
Source: NWMLS as distributed by MLS GRID #2220510 Report a problem | ||
| 3/29/2023 | Listing removed | -- |
Source: Realogics Sothebys International Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,181 -7.4% | $564,000 -3.6% |
| 2023 | $6,672 -7.8% | $585,000 -16.2% |
| 2022 | $7,239 +7.3% | $698,000 +24.9% |
Find assessor info on the county website
Neighborhood: South Renton
Nearby schools
GreatSchools rating
- 5/10Bryn Mawr Elementary SchoolGrades: K-5Distance: 1.7 mi
- 4/10Dimmitt Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Renton Senior High SchoolGrades: 9-12Distance: 0.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$713,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$713,000
- Washington
- King County
- Renton
- 98057
- South Renton
- 543 Whitworth Avenue S